Living Near Brandeis University: Affordable Off-Campus Housing Options and What to Expect

Isa MustafaSep 20, 2024

Living off-campus as a Brandeis University student offers a unique opportunity to experience the vibrant community of Waltham, Massachusetts. As a real estate coach, I understand the importance of finding the right housing that balances affordability, convenience, and comfort. Whether you are an undergraduate, graduate student, or faculty member, exploring off-campus housing near Brandeis can be a rewarding experience, but it requires a clear understanding of the local market, costs, and available options.

Exploring Off-Campus Housing Options Near Brandeis University

When considering off-campus housing near Brandeis University, you'll find a variety of options catering to different needs and preferences. The types of housing available include apartments, single-family homes, and shared living spaces. Each type comes with its own set of advantages, and your choice will depend on your lifestyle, budget, and how close you want to be to campus.

Types of Off-Campus Housing Available

  1. Apartments: The most common housing option for students, apartments near Brandeis come in various sizes, from studios to three-bedroom units. Apartments are ideal for those who prefer privacy and want their own space while still being part of a community. They typically include amenities such as laundry facilities, parking, and sometimes a fitness center.
  2. Single-Family Homes: If you prefer more space or plan to live with a group of friends, renting a single-family home might be a suitable option. These homes often offer larger living areas, private yards, and more storage space. They are perfect for those who want a home-like atmosphere while studying.
  3. Shared Living Spaces: For those looking to save on costs, shared living spaces or roommate situations are quite popular. This option allows you to share a larger apartment or house with other students, splitting the rent and utilities.

Benefits of Living Off-Campus

Choosing to live off-campus provides several benefits, including greater independence, the ability to choose your own living environment, and often a quieter space for studying. Off-campus housing also offers the flexibility to choose a location that suits your needs, whether that’s close to public transportation, near popular shops and restaurants, or in a more residential, peaceful area.

Some of the most popular neighborhoods for Brandeis students include South Street, Main Street, and the Moody Street area. South Street is just a short walk from the university and offers a mix of apartments and single-family homes. Main Street is slightly farther but provides more affordable housing options and is well-connected by public transportation. The Moody Street area, known for its vibrant dining and nightlife, is another favorite, offering a lively atmosphere with a range of housing options.

Cost of Off-Campus Housing in Waltham

Understanding the cost of living off-campus is crucial for budgeting effectively. Waltham's housing market can be competitive, especially with its proximity to Boston, but there are affordable options if you know where to look. Below, we break down the average rental prices for apartments and other housing types near Brandeis University.

Average Rent Prices for Apartments Near Brandeis

  1. Studios: Studio apartments in the Waltham area typically range from $1,600 to $2,100 per month. These are ideal for students who prefer living alone and want a compact, efficient living space.
  2. One-Bedroom Apartments: The cost for a one-bedroom apartment generally falls between $2,000 and $2,700 per month. These apartments offer more space and privacy, often including a separate living room and bedroom.
  3. Two-Bedroom Apartments: If you’re considering living with a roommate, a two-bedroom apartment can cost between $2,700 and $3,400 per month. This option allows you to split the rent, making it a more cost-effective choice for students.
  4. Three-Bedroom Apartments: For groups of friends or those seeking more space, three-bedroom apartments range from $3,600 to $4,500 per month. These are ideal for splitting between three people, significantly reducing individual rent costs.

Budgeting for Utilities and Other Expenses

Beyond rent, it’s important to budget for utilities, which can include electricity, heating, water, and internet. On average, these can add an additional $150 to $300 per month, depending on the season and the size of your apartment. If you’re renting a larger home, utilities might be slightly higher, especially if it includes a yard or additional amenities.

Cost Comparison: On-Campus vs. Off-Campus Living

When comparing the cost of on-campus housing with off-campus options, off-campus living can often be more economical, particularly if you share a house or apartment with roommates. On-campus housing at Brandeis ranges from $9,500 to $11,000 per academic year, which breaks down to approximately $1,200 per month. While on-campus housing includes utilities and some meal plans, off-campus living gives you more control over your expenses and lifestyle.

Buying Property Near Brandeis University

For those considering a long-term stay in Waltham or looking to invest, buying property near Brandeis University is an option worth exploring. The real estate market in Waltham offers a range of properties, from condos to single-family homes, making it possible to find a home that meets your needs and budget.

Pros and Cons of Purchasing vs. Renting

Pros of Purchasing:

  • Equity Building: Owning a property allows you to build equity over time, which can be beneficial if you plan to stay in the area long-term.
  • Stability: Homeownership provides stability, as you won’t have to worry about rising rent prices or lease renewals.
  • Customization: You have the freedom to customize and renovate your home according to your preferences.

Cons of Purchasing:

  • Upfront Costs: Buying a home requires a significant upfront investment, including a down payment, closing costs, and possibly renovation expenses.
  • Maintenance: As a homeowner, you are responsible for all maintenance and repairs, which can add to your monthly costs.
  • Market Risks: The value of real estate can fluctuate, and there’s a risk that your property might not appreciate in value as expected.

Tips for First-Time Homebuyers in Waltham

  1. Get Pre-Approved for a Mortgage: Before starting your search, get pre-approved for a mortgage to know how much you can afford. This will also make you a more competitive buyer.
  2. Work with a Local Realtor: A local realtor familiar with the Waltham area can help you find the best deals and guide you through the buying process.
  3. Consider Resale Value: When choosing a property, consider its potential resale value. Homes near good schools, public transportation, and amenities tend to appreciate more over time.

The Waltham real estate market has seen steady growth over the past few years, with property values increasing due to the area’s proximity to Boston and strong demand from both students and professionals. As of 2024, the median home price in Waltham is around $700,000, with condos and townhouses typically ranging from $400,000 to $650,000. The market remains competitive, so it’s important to act quickly if you find a property that meets your criteria.

Living Near Brandeis University: Affordable Off-Campus Housing Options and What to Expect
Living Near Brandeis University: Affordable Off-Campus Housing Options and What to Expect

Graduate Student Housing Options

Graduate students at Brandeis University often have different housing needs compared to undergraduates. Finding housing that provides a quiet environment conducive to study, while also being affordable, is essential for graduate students. Waltham offers several housing options tailored to graduate students, including specialized housing and more affordable apartment choices.

Specialized Housing for Brandeis Graduate Students

Brandeis University provides some on-campus housing options specifically for graduate students. These include single rooms in shared apartments and studio apartments that offer more privacy and a quieter atmosphere. However, availability is limited, and many graduate students choose to live off-campus.

Affordable Housing Options for Grad Students

  1. Shared Apartments: Sharing an apartment with other graduate students can significantly reduce your housing costs. Many two- and three-bedroom apartments near Brandeis are popular among graduate students, with rent often split equally among roommates.
  2. Studio Apartments: For those who prefer living alone, studio apartments in Waltham range from $1,600 to $2,100 per month, making them a relatively affordable option for graduate students.
  3. Graduate Housing Communities: Some off-campus housing complexes cater specifically to graduate students, offering lower rents, study spaces, and a quiet environment. These communities often have convenient access to public transportation and are located close to campus.

Proximity to Campus and Public Transport

Proximity to Brandeis University is a key factor for graduate students when choosing off-campus housing. Many prefer living within walking distance or along public transportation routes that provide easy access to campus. The Fitchburg Line of the commuter rail and various bus routes serve the Waltham area, making it convenient to commute to Brandeis even if you live a bit farther from campus.

Finding the right off-campus housing in Waltham can be challenging due to the competitive market, but with the right approach, you can secure a great place to live. Understanding the market dynamics, working with professionals, and knowing your rights as a tenant are essential steps in the process.

How to Find the Best Deals on Off-Campus Housing

  1. Start Early: Begin your housing search several months before your intended move-in date. The best deals often go quickly, especially during peak rental seasons.
  2. Use Online Resources: Websites like Zillow, Apartments.com, and local Facebook groups can be valuable resources for finding available rentals in Waltham.
  3. Negotiate Rent: Don’t be afraid to negotiate the rent or ask for a lease agreement that includes certain amenities or utilities. Landlords are sometimes willing to make concessions, especially if they want to secure a reliable tenant.

Working with Local Realtors and Housing Services

Partnering with a local realtor who understands the Waltham market can be a significant advantage. Realtors can offer insights into the best neighborhoods, provide access to listings not available online, and help negotiate rental terms. Additionally, Brandeis University’s Off-Campus Housing Office can be a helpful resource, offering advice and connecting students with landlords who have worked with the university in the past.

Before signing a lease, make sure you understand your legal rights and responsibilities as a tenant in Massachusetts. Key considerations include:

  • Security Deposits: In Massachusetts, landlords can charge a security deposit of up to one month’s rent. Make sure this is clearly stated in your lease.
  • Lease Terms: Review your lease carefully, paying attention to terms related to rent increases, maintenance responsibilities, and subletting.
  • Tenant Rights: Massachusetts law provides tenants with certain rights, including the right to a habitable living environment and protection against unlawful eviction. Familiarize yourself with these rights to ensure you are treated fairly by your landlord.

Frequently Asked Questions About Brandeis University Housing

Many students have questions about housing options at Brandeis University. Below are some of the most common inquiries, along with detailed answers.

Is Housing Guaranteed at Brandeis University?

Brandeis University guarantees housing for all first-year undergraduates. However, after the first year, housing is not guaranteed, and many students choose to move off-campus. This is especially true for juniors and seniors, who often prefer the independence and affordability of off-campus living.

What Percentage of Students Live On-Campus?

Approximately 70% of Brandeis undergraduates live on-campus. However, this percentage decreases among upperclassmen, many of whom opt for off-campus housing. The high demand for on-campus housing, coupled with the advantages of living off-campus, makes off-campus living a popular choice.

Can Undergraduates Live Off-Campus?

Yes, undergraduates at Brandeis University can live off-campus. While most first-year students live on-campus, upperclassmen, particularly juniors and seniors, often move off-campus to gain more independence and experience life in Waltham. Living off-campus can also be more cost-effective, particularly for students who share housing with roommates.

Conclusion

Living off-campus near Brandeis University offers students a chance to find housing that suits their budget and lifestyle. With a range of options from apartments to single-family homes, and varying costs depending on size and location, there’s something for everyone. Whether you're an undergraduate, graduate student, or considering buying property, understanding the Waltham housing market will help you make informed decisions and find the perfect place to call home during your time at Brandeis.