Cheap Homes for Rent in Cambridge, MA from $400 (1,355 Rentals)

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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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Cambridge, MA Local Guide

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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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 24890 Apartments for Rent in Cambridge, MA with pricing that ranges from $775 to $25,543. There are also 14528 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $420 to $40,000.

What is the current price range for Rental Homes in Cambridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cambridge ranges from $420 to $40,000 with an average monthly rent of $6,008.

How much are larger Three and Four Bedroom Rentals in Cambridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cambridge range from $925 to $21,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $420 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $775.

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.

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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.