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Studio Apartments for Rent in Walpole, MA

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    Starting at $2,500

    Total Monthly Price

    • Studio - 3 Beds

    55 Summer St, South Walpole, MA 02071

    NOW OPEN! Welcome to The Penstone, where timeless New England character meets refined, modern living. Tucked away in South Walpole, MA, just 18 miles south of Boston, this community of refined apartments and townhomes has been carefully designed to offer a rare blend of privacy, polish, and proximity. Each space within the community offers amenities that elevate your daily routine. Easily work

    The Penstone Apartments & Townhomes

    55 Summer St, South Walpole, MA 02071
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    Starting at $2,447

    Total Monthly Price

    • Studio - 3 Beds

    95 West St, Walpole, MA 02081

    Welcome to Union & West! Whether you're going into Boston for work or for fun, getting there is as simple as going out your back door. Our apartments are directly across from the commuter rail with I-95 just minutes away. Enjoy the best of city living with our modern interiors and features (without the city rent). Our apartments offer comfort and convenience in a traditional New England town.

    Union and West

    95 West St, Walpole, MA 02081

Why Live in Walpole

Walpole, Massachusetts, situated between Boston and Providence, Rhode Island, is a community of approximately 28,000 residents known for its well-regarded public schools and convenient commuting options. The town is about 25 miles from Boston and 28 miles from Providence, with easy access via Interstate 95, U.S. Route 1, and a commuter rail station that offers a 45-minute ride to Boston. Walpole Public Schools are highly rated, with four elementary schools—Old Post Road, Fisher, Elm Street, and Boyden—earning strong marks. The newly opened Walpole Middle School and Walpole High School also contribute to the town's educational reputation. Housing in Walpole is competitive, with homes typically selling within 19 days. The area features a mix of suburban colonials, ranch-style homes, Colonial Revivals, farmhouses, and Dutch Colonials, with larger estates in the northern section. Residents enjoy ample green spaces such as Adam’s Farm, Town Forest, and Bird Park, which offer trails, gardens, and recreational programs. Local dining options include Irish pubs like Finnegan's Wake and The Raven's Nest, as well as popular spots like Tessie for burgers and Sakura for sushi. Shopping is available at the Walpole Mall and Norwood Shopping Center, with additional stores lining Main Street. Community events such as Walpole Days, Fourth of July parades, and holiday celebrations foster a strong sense of community.

Frequently Asked Questions

How much does it cost to rent a home in Walpole, MA?
The median rent for a home in Walpole, MA is $2,775 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Walpole, MA?
To comfortably afford the median rent in Walpole, MA, a household needs to earn roughly $111,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,775 per month in Walpole, MA, renters typically need to show $8,325 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Walpole, MA?
In Walpole, MA, the price-to-rent ratio is 22.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Walpole, MA are best for renting a home?
The best neighborhood for renting in Walpole, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Upper Washington-Spring Street, Thompsonville, Jamaica Plain, South Quincy and Saint Elizabeth's, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,775
Median Single Family Home Rent
$3,650
Median Townhouse Rent
$3,750
Median Condo Rent
$2,450
How to Rent a Home