Last updated
Average Rent in Waltham, MA & Rent Trends
Rent prices and market trends across 5 apartment communities in Waltham, MA. Updated daily.
Market Average
$2,950/mo
▼ 4.8% from last month
Lowest Available
$2,480/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
18
available now
Price Cuts This Week in Waltham, MA
16 listed units across 2 buildings offering studio units in Waltham, MA dropped their asking rent in the past 7 days, an average cut of $62/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Elan Union Market Apartments | Unit 9 | $3,021 | $2,707 | $314 |
| Watertown Mews | Unit 8, C2 | $5,808 | $5,696 | $112 |
| Elan Union Market Apartments | Unit 3 | $3,192 | $3,126 | $66 |
| Elan Union Market Apartments | Unit 11 | $2,743 | $2,678 | $65 |
| Elan Union Market Apartments | Unit 10 | $2,743 | $2,687 | $56 |
| Elan Union Market Apartments | Unit 4 | $2,836 | $2,782 | $54 |
| Elan Union Market Apartments | Unit 6 | $2,846 | $2,792 | $54 |
| Elan Union Market Apartments | Unit 5 | $3,532 | $3,493 | $39 |
Rent by Neighborhood in Waltham, MA
Compare average rent across Waltham, MA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Newton Corner | $4,294 | ▼ $347 | $2,680 | 1 | 9 |
| Arlington 02474 | $4,043 | ▼ $112 | $2,812 | 1 | 9 |
| The Highlands | $3,781 | ▼ $163 | $2,864 | 1 | 15 |
| Lexington 02421 | $3,573 | ▼ $236 | $2,931 | 1 | 16 |
| Banks Square | $3,319 | ▼ $125 | $2,775 | 2 | 27 |
| Watertown 02472 | $3,304 | ▼ $184 | $2,480 | 4 | 29 |
| North Waltham | $3,094 | ▼ $147 | $2,769 | 1 | 4 |
Is Rent Going Up or Down in Waltham, MA?
As of September 2026, the average rent in Waltham, MA is $2,950 per month across 5 apartment communities and 18 available units. Rents have decreased $149 (4.8%) over the past month.
The most affordable option is Elan Union Market Apartments starting at $2,480/mo. By unit type, a studio averages $2,950/mo.
Prices range from $2,480 to $3,853 per month. The most common price point is the $2,600 range, where 6 units are currently listed.
Waltham, MA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $3,844 | - | 5 |
| August 2026 | $3,819 | -$25 | 5 |
| September 2026 | $3,690 | -$129 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Waltham, MA
Rent Prices by Apartment in Waltham, MA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Elan Union Market Apartments | $2,480/mo | $2,997/mo | 13 | 3.9 |
| Modera Newton | $2,680/mo | $2,680/mo | 1 | 4.4 |
| Arlington 360 | $2,812/mo | $2,812/mo | 1 | 4.6 |
| Watertown Square Apartments | $2,835/mo | $2,835/mo | 1 | 4.5 |
| Watertown Mews | $2,901/mo | $2,906/mo | 2 | 4.6 |
Frequently Asked Questions About Rent in Waltham, MA
What is the average rent in Waltham, MA?
Is rent going up or down in Waltham, MA?
What is the cheapest apartment in Waltham, MA?
How many apartments are available in Waltham, MA?
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
$118,000/year
Based on the 30 percent rule, using our tracked average rent of $2,950/mo.
Comfortable income
$142,000/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 18% 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) | $2,950 |
| Utilities | $637 |
| Groceries | $544 |
| Transportation | $1,520 |
| Healthcare | $741 |
| Other goods and services | $1,186 |
| Estimated total | $7,578/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.
Google Search Trends for Waltham, MA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Waltham, MA Apartments
Browse all 5 communities with daily-updated pricing and availability.