The 305, A Broadstone Community
305 Winter St,
Waltham, MA 02451
Studio - 3 Beds | $2,670 - 5,151
Rental Market Trends in Waltham, MA
What is the average rent in Waltham, MA?
$2,713/month
Average Rent
777 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of November 2024, the average rent in Waltham, MA is $2,713 per month. This is 74% higher than the national average rent price of $1,559/month, making Waltham one of the most expensive cities in the US. When you rent an apartment in Waltham, you can expect to pay about $1,930 per month for a studio, $2,713 for a one-bedroom apartment, and around $3,176 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,743 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Waltham, MA?
In the past year, rent has increased by 2.1%, which averages out to $59 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Waltham, MA
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
9%
$1,001 - $1,500/month
16%
$1,501 - $2,000/month
75%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Waltham?
Based on current rent prices, Warrendale, Highlands Waltham and Bentley College are the most affordable neighborhoods in Waltham.
Neighborhood
Average Rent
Average Sq Ft
Which Waltham neighborhoods have the most rentals available?
The neighborhoods in Waltham with the most apartments available are West End Waltham, Piety Corner and South Side .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Waltham, MA?
Because the average rent in Waltham is $2,713, you’ll want to make about $9,043 per month or $108,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Waltham, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Waltham, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$2,310/month
One Bedroom
-
$2,756/month
Two Bedroom
-
$3,100/month
Three Bedroom
-
$3,613/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.