50 Magazine St
CambridgeMA02139
Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $2,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the MIT area of Cambridge.
100 Magazine St, Unit 2
100 Magazine St
CambridgeMA02139
524 Putnam Ave
CambridgeMA02139
302 Brookline St
CambridgeMA02139
524 Putnam Ave, Unit 9
524 Putnam Ave
CambridgeMA02139
524 Putnam Ave, Unit 9
524 Putnam Ave
CambridgeMA02139
539 Putnam Ave, Unit 9
539 Putnam Ave
CambridgeMA02139
240 Sidney St
CambridgeMA02139
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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MIT, Cambridge, MA Local Guide
How much does it cost to rent a home in MIT?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| MIT 2 Bedroom Homes for Rent | $3,754 | $3,295 | $4,250 |
| MIT 3 Bedroom Homes for Rent | $4,871 | $3,900 | $7,800 |
| MIT 4 Bedroom Homes for Rent | $7,300 | $4,800 | $9,800 |
| MIT 5 Bedroom Homes for Rent | $7,949 | $7,300 | $8,599 |
| MIT 6 Bedroom Homes for Rent | $9,000 | $9,000 | $9,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $2,535. The Indie has the second lowest priced unit, which is a Studio apartment currently listed from $2,770. 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 | $2,535 |
| The Indie | Everett | Studio,1BA | $2,770 |
| The Overlook at St. Gabriel's | Studio - S21 | Studio,1BA | $2,956 |
Best Value Apartments for Rent in MIT, MA
As of April 14, 2025 the best value apartment in the MIT area is the $0.18 price per square foot 146 Allston St Model at 146 Allston St, Unit 3 in the in the Kendall Square neighborhood starting from $1,800. 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. |
|---|---|---|---|
| 146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
| 146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
| 8 Kelly Rd, Unit 1 | 8 Kelly Rd | 2BR,1.5BA | $0.32 |
| 117 Auburn St, Unit 61A | 117 Auburn St | 1BR,1BA | $0.36 |
| 66 Pleasant St, Unit 2 | 66 Pleasant St | 3BR,1BA | $0.40 |
| 36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $0.44 |
| 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 |
| 6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
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Frequently Asked Questions about MIT
What type of rentals are currently available in MIT?
There are currently 157 Apartments for Rent in MIT, MA with pricing that ranges from $1,500 to $17,416. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $2,450 to $9,800.
What is the current price range for Rental Homes in MIT?
Today's rental pricing for Homes for Rent, Condos and Townhomes in MIT ranges from $2,450 to $9,800 with an average monthly rent of $5,977.
How much are larger Three and Four Bedroom Rentals in MIT?
For those who are looking for larger living arrangements, Three Bedroom Apartments in MIT range from $1,500 to $10,005, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,900 to $7,800. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $2,000.
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.
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.
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.