Cheap Apartments for Rent in Cambridge, MA from $700 (458 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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27 William St
Studio Apartments

27 William St

27 William 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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63 Inman Street
Studio to 1 Bedroom Apartments

63 Inman Street

63 Inman StCambridge, MA 02139
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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: 03/14/2025

Current apartment rentals in the Cambridge, MA area range in price from $1,199 to $15,286 with an overall median price of $6,662. The three Cambridge neighborhoods with the lowest median rent pricing are Cambridgepark at $2,063, East Cambridge at $1,199, and Aggasiz at $1,800. 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$3,777$2,0633264
East Cambridge$5,500$1,19916675
Aggasiz$6,000$1,80017187
North Cambridge$7,500$1,80021732
Harvard University$8,500$1,60020339
The Port$8,700$1,20020686

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 March 14, 2025 the best value apartment in the Cambridge area is the $0.17 price per square foot 64 N Beacon St Model at 64 N Beacon St, Unit B in the in the St. Elizabeth's neighborhood starting from $1,650. The second greatest value Cambridge apartment is the 22 Shepard St Model at 22 Shepard St, Unit B starting at $1,800 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.
64 N Beacon St, Unit B64 N Beacon St1BR,1BA$0.17
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
175 N Beacon St, Unit 1175 N Beacon StStudio ,1BA$0.18
31 Seattle St, Unit B31 Seattle St1BR,1BA$0.18
31 Seattle St, Unit B31 Seattle St1BR,1BA$0.18
153 Murdock St, Unit 2153 Murdock St3BR,2BA$0.18
153 Murdock St, Unit 2153 Murdock St3BR,2BA$0.18
146 Allston St, Unit 3146 Allston 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 the Cheapest Studio apartment in Cambridge?

Currently the most affordable Cheap Studio Apartment in Cambridge is at 35 @ EightSixty listed at $1,713.

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,517 at Boylston St, 40.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $1,766 at 55 BRIGHTON AT PACKARD CROSSING.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at 7INK and starts from $1,984.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.