Cheap Apartments for Rent in the Malden Center Neighborhood of Malden, MA from $1,200 (143 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Malden Center area of Malden.

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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Best Value Apartments for Rent in Malden Center, MA

As of April 15, 2025 the best value apartment in the Malden Center area is the $0.24 price per square foot 20 Washington Pl Model at 20 Washington Pl, Unit #114 in the in the Ferryway neighborhood starting from $2,375. The second greatest value Malden Center apartment is the 61 Exchange St Model at 61 Exchange St, Unit 8 starting at $2,100 with a $0.21 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Malden Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20 Washington Pl, Unit #11420 Washington Pl2BR,1BA$0.24
61 Exchange St, Unit 861 Exchange St1BR,1BA$0.21
8 Shawmut Ter, Unit #18 Shawmut Ter1BR,1BA$0.20
69 Washington St, Unit #1869 Washington St1BR,1BA$0.20
51 Pearl St, Unit #30351 Pearl St2BR,2BA$2.07
106 Washington St, Unit #1106 Washington St3BR,1.5BA$2.67
225 Highland Ave225 Highland Ave2BR,1BA$2.45
17 Washington Pl, Unit #217 Washington Pl1BR,1BA$2.67
283 Pearl St, Unit #1R283 Pearl St1BR,1BA$2.71
108 Maple St, Unit #4108 Maple St1BR,1BA$3.03

Getting Around the Malden Center Neighborhood in Malden, MA

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

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 Malden Center Apartments

What is the Cheapest Studio apartment in Malden Center?

Currently the most affordable Cheap Studio Apartment in Malden Center is at Jade listed at $2,295.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malden Center is starting from $3,000 at Maxwell.

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.