
Cheap Apartments for Rent in the MIT Neighborhood of Cambridge, MA from $1,500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the MIT area of Cambridge.


28 Speridakis Terrace

104 Magazine St, Unit 1
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50 Magazine St, Unit 1

Park 151

518 Putnam Ave, Unit 1

100 Magazine St, Unit 2

524 Putnam Ave

514 Putnam Ave, Unit 1
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
MIT, Cambridge, MA Local Guide

How much does it cost to rent an apartment in MIT?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
MIT Studio Apartments | $3,505 | $2,550 | $10,000+ |
MIT 1 Bedroom Apartments | $4,156 | $1,800 | $10,000+ |
MIT 2 Bedroom Apartments | $5,110 | $3,000 | $10,000+ |
MIT 3 Bedroom Apartments | $5,077 | $1,500 | $10,000+ |
MIT 4 Bedroom Apartments | $2,454 | $1,500 | $7,280 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the MIT Neighborhood of Cambridge, MA.
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MIT, Cambridge, MA Local Guide
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Cheapest Available MIT Apartments for Rent
 The cheapest available apartment rental in the MIT area of Boston, MA is a Studio unit found at Park 151 priced from $2,710. The Indie has the second lowest priced unit, which is a Studio apartment currently listed from $2,875. Here are the most affordable MIT apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park 151 | S1 - Studio | Studio,1BA | $2,710 |
The Indie | Everett | Studio,1BA | $2,875 |
The Overlook at St. Gabriel's | Studio - S21 | Studio,1BA | $2,956 |
Chroma | Turquoise | Studio,1BA | $3,075 |
Best Value Apartments for Rent in MIT, MA
As of April 18, 2025 the best value apartment in the MIT area is the $0.40 price per square foot 66 Pleasant St Model at 66 Pleasant St, Unit 2 in the in the Kendall Square neighborhood starting from $3,950. The second greatest value MIT apartment is the 146 Allston St Model at 146 Allston St, Unit 3 starting at $1,800 with a $0.18 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for MIT apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
66 Pleasant St, Unit 2 | 66 Pleasant St | 3BR,1BA | $0.40 |
146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
32 Speridakis Ter, Unit 2 | 32 Speridakis Ter | 3BR,1BA | $0.45 |
32 Speridakis Ter, Unit 2 | 32 Speridakis Ter | 3BR,1BA | $0.45 |
32 Speridakis Ter, Unit 2 | 32 Speridakis Ter | 3BR,1BA | $0.45 |
117 Auburn St, Unit 61A | 117 Auburn St | 1BR,1BA | $0.36 |
36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $0.44 |
8 Kelly Rd, Unit 1 | 8 Kelly Rd | 2BR,1.5BA | $0.32 |
6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
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Pet Friendly LifestyleMit, Cambridge, MA
Ranked #3
Among neighborhoods in Cambridge, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the MIT Neighborhood in Cambridge, MA
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
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 MIT Apartments
What is the Cheapest Studio apartment in MIT?
Currently the most affordable Cheap Studio Apartment in MIT is at Park 151 listed at $2,550.
How much is rent for a Cheap One Bedroom MIT Apartment?
The lowest price for a Cheap One Bedroom MIT Apartment is $3,355 at Church Park.
What is the lowest price for a Cheap Two Bedroom MIT Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in MIT is starting from $3,400 at Auburn Court.
What is the most affordable MIT Three Bedroom Apartment?
The best deal on a cheap MIT Three Bedroom Apartment rental is at Auburn Court and starts from $4,300.
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.

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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.