Cheap Apartments for Rent in Cambridge, MA from $700 (589 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cambridge.

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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property at 99 Hancock St

99 Hancock St

CambridgeMA02139
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179 Prospect St
Studio to 1 Bedroom Apartments

179 Prospect St

179 Prospect StCambridge, MA 02139
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279 Harvard St
Studio to 2 Bedroom Apartments

279 Harvard St

279 Harvard StCambridge, MA 02139
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Studio to 2 Bedroom Apartments

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243 BroadwayCambridge, MA 02139
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19 Garden St
Studio to 2 Bedroom Apartments

19 Garden St

19 Garden StCambridge, MA 02138
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Putnam Manor
Studio Apartments

Putnam Manor

16 TrowbridgeCambridge, MA 02138
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Cambridge, MA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Cambridge, MA

Pricing Updated: 04/12/2025

Current apartment rentals in the Cambridge, MA area range in price from $875 to $15,000 with an overall median price of $6,674. The three Cambridge neighborhoods with the lowest median rent pricing are Cambridgepark at $2,100, East Cambridge at $1,000, and Aggasiz at $1,025. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cambridgepark$4,061$2,100116
East Cambridge$6,000$1,000642
Aggasiz$6,900$1,025426
Harvard University$6,900$875591
North Cambridge$7,200$1,800615
The Port$8,985$1,200534

Cheapest Available Cambridge Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Boylston St, 401 Bed 1 Bath1BR,1BA$1,517

Best Value Apartments for Rent in Cambridge, MA

As of April 13, 2025 the best value apartment in the Cambridge area is the $0.18 price per square foot 22 Shepard St Model at 22 Shepard St, Unit B in the in the St. Elizabeth's neighborhood starting from $1,800. The second greatest value Cambridge apartment is the 175 N Beacon St Model at 175 N Beacon St, Unit 1 starting at $1,750 with a $0.18 price per square foot in the St. Elizabeth's neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18
175 N Beacon St, Unit 1175 N Beacon StStudio ,1BA$0.18
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,1BA$0.18
114 Perkins St, Unit 10114 Perkins StStudio ,1BA$0.18
54 West St, Unit #1954 West St1BR,1BA$0.18
3 Forest St, Unit #2023 Forest St1BR,1BA$0.18
153 Murdock St, Unit 2153 Murdock St3BR,2BA$0.18
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
96 Winthrop St, Unit 196 Winthrop St1BR,1BA$0.18
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18

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Cambridge Overview

Firmly located in the greater Boston region, Cambridge is a gem of the proud state of Massachusetts. Home to both Harvard University and MIT, this scholarly destination is known for so much more than higher learning, making it an ideal locale in which to raise a family or embark on a career.

Why live in Cambridge, MA?

"Basking in history and home to ""the most innovative square mile on the planet"" (Kendall Square), Cambridge rentals have much to offer and have become highly sought-after pieces of property. Ivy league college students flock to the area, given its home to Harvard, and the greater Boston job market is just a short rail ride away. When it comes to life in a Massachusetts city, Cambridge simply hits the mark on all counts."

Best Local Schools in
Cambridge, MA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cambridge, MA Rentals by Map

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See the most popular apartments and homes in Cambridge, MA

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Getting Around Cambridge, MA

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

97 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

72 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Cambridge Apartments

What is a cheap apartment in Cambridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cambridge is under $1,517.

What is the price of a cheap apartment in Cambridge?

The cheapest apartment in Cambridge is Boylston St, 40 which is listed at $1,517, while the average apartment in Cambridge costs $6,674.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.