Cheap Homes for Rent in Central Square Neighborhood of Cambridge, MA from $1,900 (135 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Square area of 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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Central Square, Cambridge, MA Local Guide

Best Value Apartments for Rent in Central Square, MA

As of April 15, 2025 the best value apartment in the Central Square area is the $0.23 price per square foot 204 Banks St Model at 204 Banks St, Unit #218-7 in the in the Kendall Square neighborhood starting from $2,300. The second greatest value Central Square apartment is the 216 Banks St Model at 216 Banks St, Unit B starting at $2,350 with a $0.24 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for Central Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
204 Banks St, Unit #218-7204 Banks StStudio ,1BA$0.23
216 Banks St, Unit B216 Banks St1BR,1BA$0.24
65 Inman St, Unit #B165 Inman StStudio ,1BA$0.21
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
96 Winthrop St, Unit 196 Winthrop St1BR,1BA$0.18
33A Harding St, Unit A33A Harding St1BR,1BA$0.19
36 Harding St, Unit 136 Harding St1BR,1BA$0.21
42 Harding St, Unit 142 Harding St1BR,1BA$0.21
40 Harding St, Unit 240 Harding St2BR,1BA$0.23
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18

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Frequently Asked Questions about Central Square

What type of rentals are currently available in Central Square?

There are currently 2739 Apartments for Rent in Central Square, MA with pricing that ranges from $825 to $17,416. There are also 1325 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Square ranging from $1,900 to $15,000.

What is the current price range for Rental Homes in Central Square?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Square ranges from $1,900 to $15,000 with an average monthly rent of $5,040.

How much are larger Three and Four Bedroom Rentals in Central Square?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Square range from $1,000 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $13,000. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $850.

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.