Babson College

Wellesley, MA

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Babson College - Wellesley, MA Area Guide

One of America’s top business schools

Private Business Historic Suburban Parks Outdoors Walkable Bike Friendly

Established in 1919, Babson College is a prestigious private business school in the southwest suburbs of Boston. The college is particularly well-known for its 55 unique and specialized entrepreneurship programs, all of which are taught by successful business leaders; Babson is consistently ranked at the top of the list for entrepreneurship programs nationwide. The institution serves a small student body of around 3,000 and is highly selective, accepting barely over a quarter of applicants. Positioned on the outskirts of Boston, the Babson campus enjoys a fairly quiet atmosphere within reach of the urban amenities of the larger city. The college’s hometown of Wellesley features a large cluster of shopping centers and restaurants just west of campus, mostly along Washington Street. Several large parks in the area allow you to get outdoors whenever you have free time, and several bike paths make it easy to get around without a car. The surrounding neighborhoods can be a little pricey, but there are numerous more affordable options for apartments, condos, and houses in the area if you don’t mind a bit longer of a commute.

Rent Trends

As of May 2026, the average apartment rent in Wellesley, MA is $3,176 for a studio, $3,692 for one bedroom, $4,618 for two bedrooms, and $7,264 for three bedrooms. Apartment rent in Wellesley has increased by 11.8% in the past year.

  • Studio

  • 569 sq ft

    Average Sq Ft

  • $3,176/month

    Average Rent

  • 1 BR

  • 839 sq ft

    Average Sq Ft

  • $3,692/month

    Average Rent

  • 2 BR

  • 1,295 sq ft

    Average Sq Ft

  • $4,618/month

    Average Rent

  • 3 BR

  • 1,582 sq ft

    Average Sq Ft

  • $7,264/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Daily Essentials

No Supermarkets Within a 30 Minute Walk

Groceries

10 / 100

Fair Restaurant Variety Nearby

Restaurants

40 / 100

Limited Café Variety Nearby

Cafes

20 / 100

Limited Variety of Shops Nearby

Shopping

30 / 100

Recreation

Exceptional Amount of Park Space Nearby

Parks

100 / 100

Fair Wellness Amenity Variety Nearby

Wellness

50 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

20 / 100

Few to No Nightlife Options Nearby

Nightlife

10 / 100

Not Noisy

Quiet Score

100 / 100

Schools

John D. Hardy Elementary School

Public

Grades K-5

310 Students

Hunnewell Elementary School

Public

Grades K-5

307 Students

Sprague Elementary School

Public

Grades K-5

276 Students

Joseph E. Fiske Elementary School

Public

Grades K-5

263 Students

Schofield Elementary School

Public

Grades K-5

274 Students

Wellesley Middle School

Public

Grades 6-8

910 Students

Wellesley Middle

Public

Grades 6-8

910 Students

Wellesley High School

Public

Grades 9-12

1,231 Students

Points of Interest

Parks and Recreation

  • Whitin Observatory
  • Wellesley College Botanic Gardens
  • Horticultural Society at Elm Bank
  • Weezie's Garden for Children
  • Elm Bank Reservation

Airports

  • General Edward Lawrence Logan International
  • Worcester Regional

Top Apartments Near Babson College

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.