Average Rent in Waltham, MA

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Current Versus Historical Waltham, MA Rents

Waltham rentals average $2,000 for a studio rental to $5,000 for a 4-bedroom rental. The median price of all currently available listings is $2,998, or roughly $3 per square feet.

For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have increased by $298 (17.53%) year-over-year from $1,702 to $2,000. 1-bedroom rentals prices have increased by $185 (7.97%) year-over-year from $2,316 to $2,500. 2-bedroom rentals prices have decreased by $169 (-5.80%) year-over-year from $2,919 to $2,750. 3-bedroom rentals prices have decreased by $125 (-3.73%) year-over-year from $3,350 to $3,225. 4-bedroom rentals prices have increased by $300 (6.38%) year-over-year from $4,700 to $5,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 27.93% this month. 1-bedroom rents have gone up by 15.38% this month. 2-bedroom rents have gone up by 0.61% this month. 3-bedroom rents have gone down by 6.30% this month. 4-bedroom rents have gone down by 1.64% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.00	$2,000	$1,702 (17.53%)	$2,288 (-12.58%)
1 BR	$3.00	$2,500	$2,316 (7.97%)	$2,069 (20.84%)
2 BR	$2.60	$2,750	$2,919 (-5.80%)	$2,548 (7.94%)
3 BR	$2.09	$3,225	$3,350 (-3.73%)	$2,558 (26.06%)
4+ BR	$2.48	$5,000	$4,700 (6.38%)	$5,250 (-4.76%)

Historical Rents in Waltham, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Waltham

There are a total of 5 cities nearby Waltham. The average rent in Waltham is currently $3,450 per month. Our records show that Medford, MA, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near Waltham, MA is Newton, MA. Monthly rents here are on average $3,700 per month.

Let's compare Waltham, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Waltham, MA is 25.00% more affordable than other cities nearby. One bedrooms are about 0.06% more expensive. Two bedrooms in Waltham, MA are about 1.88% more expensive. Finally, rent for three bedrooms are about 14.73% more affordable. Want more information? Check out the top 5 cities near Waltham, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Watertown Town, MA	$2,678	$2,613	$3,000	$3,000
Medford, MA	N/A	$2,200	$2,700	$3,000
Cambridge, MA	$2,800	$3,075	$3,538	$3,450
Brookline, MA	$2,500	$2,800	$3,600	$3,600
Newton, MA	$1,125	$2,300	$3,000	$3,700

Top Neighborhoods Near Waltham

There are a total of 2 neighborhoods in or near Waltham. We've included all of these top 2 neighborhoods in or near Waltham, MA in the following chart.

The average rent for these 2 neighborhoods in or near Waltham, MA is currently around $3,125 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Waltham's average rent, which is only $2,998. Out of all the neighborhoods in or near Waltham, Commonwealth has the most affordable average rent at $2,850 per month. Whereas, at $3,400 average rent per month, Coolidge Corner is the most expensive neighborhood in or near Waltham. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$300	$2,375	$2,900	$2,850
Coolidge Corner, Brookline, MA	$2,500	$2,850	$3,450	$3,400

Top Counties Near Waltham

There are a total of 2 counties located by Waltham, MA. Some of these counties include Waltham, MA, Watertown Town, MA, and Medford, MA. The average rent for rentals in these counties is $3,225. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Waltham, MA. It's average rent per month is $2,998. Vice versa, with an average rent of $3,700, Newton, MA is the most expensive county by Waltham, MA.

Typically, rent for studios in Waltham, MA is 12.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Waltham, MA is 0.03% more expensive than other counties nearby. Finally, rent for two bedrooms in Waltham, MA is 0.94% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Waltham, MA	$2,000	$2,614	$3,058	$2,998
Watertown Town, MA	$2,678	$2,613	$3,000	$3,000
Medford, MA	N/A	$2,200	$2,700	$3,000
Cambridge, MA	$2,800	$3,075	$3,538	$3,450
Brookline, MA	$2,500	$2,800	$3,600	$3,600
Newton, MA	$1,125	$2,300	$3,000	$3,700

Top Zipcodes Near Waltham

There is one zipcode in or near Waltham, MA. The average rent for this zipcode is $3,000.

The following chart includes the zipcode in or near Waltham, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02472, Watertown Town, MA	$2,678	$2,613	$3,000	$3,000

Frequently Asked Questions - Waltham Average Rents

What is the average rent price in Waltham, MA?

The average monthly rental price for Waltham, MA apartments for rent is approximately $2,998. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Waltham, MA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Waltham, MA.

How much is a studio apartment in Waltham, MA?

The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $5.00. There are a total of 3 studio apartment listings currently available for rent in Waltham.

How much is a one bedroom apartment in Waltham, MA?

The average monthly rental price for one bedroom apartments is $2,614 and an average price per square feet of $3.00. There are a total of 17 one bedroom apartment listings currently available for rent in Waltham.

How much is a two bedroom apartment in Waltham, MA?

The average monthly rental price for two bedroom apartments is $3,058 and an average price per square feet of $2.60. There are a total of 28 two bedroom apartment listings currently available for rent in Waltham.

How have rent prices in Waltham, MA changed this year?

Rent prices for rentals in Waltham, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Waltham, MA?

A reasonable rent price in Waltham, MA is around $2,398/month. You can search for these reasonably priced rental listings on RentHop.