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Average Rent in Waltham, MA

11 apartment buildings, 115 units. Daily asking prices with rent history for every building.

Avg Rent

$3,507/mo

median $3,326

-7.1% vs last month

Cheapest

$2,480/mo

Elan Union Market Apartments

Properties

11

tracked daily

Units

115

available now

Waltham, MA Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 11 properties in Waltham, MA.

Timeframe

Average rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$3,467
Average rent today
Average rent trend in Waltham, MA $3,400$3,567$3,733$3,900 Jul 23Aug 6Aug 27Sep 10Sep 24

Full Waltham, MA price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Waltham, MA Rent Prices

All 11 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

Waltham, MA neighborhoods

Tracked buildings across 7 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Waltham, MA rent map

Waltham, MA Average Rent Prices 2026

The average rent in Waltham, MA is $3,507 per month, based on 115 units across 11 apartment communities. Prices range from $2,480 at Elan Union Market Apartments to $5,696 at Watertown Mews.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $2,940/mo $2,480/mo 18
1 Bed $3,092/mo $2,765/mo 41
2 Bed $3,841/mo $3,130/mo 50
3 Bed $5,260/mo $4,655/mo 6

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Waltham, MA, and what they pay

Tracked one-bedroom rent in Waltham, MA averages $3,092/mo, with two-bedroom units averaging $3,841/mo. At the local median household income of $116,560, that works out to 36% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Waltham, MA at $2,232/mo. The current tracked market average runs 57% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Waltham, MA while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Waltham, MA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$140,000/year

Based on the 30 percent rule, using our tracked average rent of $3,507/mo.

Comfortable income

$168,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,480/mo), you need to earn at least $99,000/year.

Median household income in Waltham, MA is $116,560 , about 31% below the comfortable-living threshold.

Cost of living in Waltham, MA

Overall prices in Waltham, MA runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waltham, MA's regional price parities.

Category Monthly estimate
Rent (market average) $3,507
Utilities $637
Groceries $544
Transportation $1,520
Healthcare $741
Other goods and services $1,186
Estimated total $8,135/mo

Population

64,723

Median household income

$116,560

Census median rent

$2,232/mo

Census rent burden

27.4%

Median age

35.1

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Massachusetts

How Waltham, MA rent compares to other markets in the state.

City Avg Rent vs Waltham, MA 30-Day Change Properties
Agawam, MA $2,130 -39% -5.9% 34
Boston, MA $4,676 +33% -2% 28
Lynn, MA $2,979 -15% -1.2% 16
Springfield, MA $1,576 -55% -3.4% 12
Framingham, MA $3,160 -10% +2.4% 10
Lawrence, MA $2,593 -26% +1.5% 10

Frequently asked questions

What is the average rent in Waltham, MA?

The average rent in Waltham, MA is $3,507 per month, based on 115 units across 11 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Waltham, MA?

The median asking rent in Waltham, MA is $3,326 per month, computed from 115 live listed units and refreshed daily. The average is $3,507/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Waltham, MA?

The lowest available rent in Waltham, MA starts at $2,480 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Waltham, MA?

1-bedroom apartments in Waltham, MA average $3,092/mo. The lowest listed 1-bedroom starts at $2,765/mo across 41 units tracked.

How much is a 2-bedroom apartment in Waltham, MA?

2-bedroom apartments in Waltham, MA average $3,841/mo. Units start from $3,130/mo across 50 units currently listed.

Rent Trends in Waltham, MA

Track how apartment prices are changing over time.

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