Rental market snapshot for Waltham, Massachusetts

Waltham, Massachusetts Rental Property Market Overview

Waltham, Massachusetts is a city located in Middlesex County, just west of Boston. According to the US Census, the population of Waltham in 2021 is 64,015. Waltham is home to a variety of businesses, including technology, healthcare, and education. The city is also known for its vibrant culture, with a variety of restaurants, shops, and entertainment venues. Waltham is a great place to live, work, and play.

The average rent for an apartment in Waltham is $2,893. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Waltham Massachusetts | Cost of Living

  • The most expensive ZIP code in Waltham is 02451 with an average price of $3,135.
  • The cheapest ZIP code in Waltham is 02452 with an average price of $2,729.

Waltham ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
102451$3,135
202453$2,990
302452$2,729

Live near Waltham, Massachusetts's Top Sights and Attractions

Nipper Maher Park is a picturesque park located in a quiet residential area. It features a large grassy area with plenty of trees and benches, perfect for a picnic or a leisurely stroll. There is also a playground with swings, slides, and other fun activities for children. The park also has a basketball court, a baseball field, and a walking path. The park is a great place to relax and enjoy the outdoors.

Usen Castle is a historic castle located in a wooded area of Massachusetts. It was built in the late 19th century by a wealthy industrialist and is now a popular tourist attraction. The castle is made of granite and has a unique architectural style with turrets, towers, and a large central courtyard. Inside the castle, visitors can explore the grand hall, library, and other rooms. The grounds of the castle are also open to the public and feature a variety of gardens, ponds, and walking trails.

Prospect Hill Park is a scenic park located on the highest point in Waltham. It offers stunning views of the surrounding area, including the Charles River. The park features a variety of trails for walking and biking, as well as a playground and picnic area. The park also has a large open field, perfect for playing sports or just enjoying the outdoors.

Charles River Reservation is a scenic park located along the Charles River in Waltham, Massachusetts. It offers a variety of outdoor activities, including walking, biking, fishing, and kayaking. The park is also home to a variety of wildlife, including turtles, ducks, geese, and other birds. The Charles River Reservation also features a variety of picnic areas, playgrounds, and a boat launch. Visitors can also enjoy the views of the river and the surrounding area from the observation deck.

Beaver Brook Reservation is a sprawling park located in the suburbs of Massachusetts. It features a variety of outdoor activities, including hiking, biking, fishing, and picnicking. The park is home to a variety of wildlife, including beavers, turtles, and birds. There are also several ponds and streams, as well as a playground and picnic area. The park is a great place to spend a day outdoors, and it's a popular spot for families and nature lovers alike.

Forest Grove is a beautiful park located in the heart of Waltham. It features a large pond with a fountain, a walking path, and a variety of trees and plants. There are also picnic tables and benches for visitors to enjoy. The park is a great place to take a stroll, have a picnic, or just relax and enjoy the scenery. It's a great spot for families to spend time together and for those looking for a peaceful escape from the hustle and bustle of the city.

Beaver Brook North Reservation is a nature preserve located in the suburbs of Massachusetts. It features a variety of trails, including a 1.5-mile loop, that wind through woodlands, wetlands, and meadows. Visitors can explore the area on foot or by bike, and take in the sights of wildlife, wildflowers, and a variety of trees. The reservation also features a pond, which is home to a variety of fish and amphibians. There are also picnic tables and benches for visitors to enjoy a peaceful lunch or snack.

Storer Conservation is a nature preserve located in Waltham, Massachusetts. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The preserve is home to a variety of wildlife, including deer, foxes, and a variety of birds. There are also several ponds and streams, as well as a variety of trees and plants. The area is also home to a variety of educational programs, such as nature walks and lectures.

The Charles River Museum of Industry & Innovation is a unique museum that celebrates the history of industry and innovation in the Waltham area. Visitors can explore the museum's interactive exhibits, which showcase the area's industrial heritage and the stories of the people who made it happen. The museum also features a variety of educational programs, including lectures, workshops, and hands-on activities. In addition, the museum houses a collection of artifacts, photographs, and documents related to the area's industrial history.

James Falzone Memorial Park is a beautiful outdoor space located in a bustling suburban area. It features a large pond, walking trails, and plenty of open green space for picnicking and playing sports. There are also several playgrounds and a gazebo, making it a great spot for families to spend the day. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Waltham, Massachusetts area median rent change by ZIP code map

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How does Waltham compare to other cities in Massachusetts?

citymedian price
Winchester$4,540
Wellesley$3,672
Brockton$3,200
Watertown Town$3,115
Plymouth$2,439
Northampton$2,400
New Bedford$1,800
Fitchburg$1,750

Average household income in Waltham area graph - US Census

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The median household income in Waltham in 2021 was $103,498. This represents a 43.1% change from 2011 when the median was $72,332.

#categorypercent
0Less than $10,0003.5%
1$10,000 to $14,9993.0%
2$15,000 to $19,9992.7%
3$20,000 to $24,9992.9%
4$25,000 to $29,9993.2%
5$30,000 to $34,9992.5%
6$35,000 to $39,9992.8%
7$40,000 to $44,9993.6%
8$45,000 to $49,9992.4%
9$50,000 to $59,9994.3%
10$60,000 to $74,9999.2%
11$75,000 to $99,99911.9%
12$100,000 to $124,99911.3%
13$125,000 to $149,99910.3%
14$150,000 to $199,99911.7%
15$200,000 or more14.6%

Neighborhoods in Waltham

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Waltham is $2,893.
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