Waltham, MA Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Waltham is $3,129, a 2.09% decrease compared to the previous year, when the average rent was $3,196.
Studio Apartments at $2,338 offer the most budget-friendly option with 538 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 789 square feet for $2,820, balancing privacy and affordability.
Two-beedroom units at $3,356 offer 1,079 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,384 sq ft) for $3,746, suitable for larger households.
Average rent in Waltham, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,129 | 964 sq. ft. |
| Studio | $2,338 | 538 sq. ft. |
| 1 Bed | $2,820 | 789 sq. ft. |
| 2 Beds | $3,356 | 1,079 sq. ft. |
| 3 Beds | $3,746 | 1,384 sq. ft. |
Waltham, MA rent trends
Rental prices in Waltham, MA have decreased by 2.09% over the past year. The average rent moved from $3,196 to $3,129.
What's the typical rent budget in Waltham, MA?
The largest share of rentals in Waltham, MA (54%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Waltham, MA?
13,168 or 51% of the households in Waltham, MA are renter-occupied while 12,553 or 49% are owner-occupied.
How Waltham Compares to Other Cities
| City | Average Rent |
|---|---|
| Waltham | $3,129 |
| Boston | $3,690 |
| Fall River | $2,063 |
| Worcester | $2,045 |
| Cambridge | $3,706 |
| Somerville | $3,452 |
| Quincy | $2,778 |
| New Bedford | $2,080 |
| Weymouth Town | $2,507 |
| Lowell | $2,266 |
| Salem | $2,673 |
| Malden | $2,613 |
| Medford | $3,134 |
| Chelsea | $2,766 |
| Lynn | $2,428 |
| Newton | $3,837 |
| Melrose, MA | $2,973 |
| Marlborough, MA | $2,543 |
| Watertown, MA | $3,339 |
| Revere, MA | $2,689 |
| Woburn, MA | $2,714 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Waltham apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.