Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $700 (165 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.

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

Read Article
Showing Results 1-50, Page 1 of 4

Downtown Medford, Medford, MA Local Guide

Best Value Apartments for Rent in Downtown Medford, MA

As of April 06, 2025 the best value apartment in the Downtown Medford area is the $0.21 price per square foot 90 Albion St Model at 90 Albion St, Unit 1 in the in the Kendall Square neighborhood starting from $2,100. The second greatest value Downtown Medford apartment is the 77 Fairfax St Model at 77 Fairfax St, Unit B starting at $2,000 with a $0.20 price per square foot in the North Medford neighborhood. Here is today’s list of the best values for Downtown Medford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
90 Albion St, Unit 190 Albion StStudio ,1BA$0.21
77 Fairfax St, Unit B77 Fairfax StStudio ,1BA$0.20
16 Chester St, Unit 3216 Chester StStudio ,1BA$0.22
54 West St, Unit #1954 West St1BR,1BA$0.18
3 Forest St, Unit #2023 Forest St1BR,1BA$0.18
28A Cherry St, Unit 128A Cherry St1BR,1BA$0.23
17 Ames St, Unit 117 Ames St3BR,1BA$0.22
69 Washington St, Unit #1869 Washington St1BR,1BA$0.20
27 Cameron Ave, Unit 1B27 Cameron AveStudio ,1BA$0.22
456 Salem St, Unit 6456 Salem St1BR,1BA$0.18

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Medford, Medford, MA

Ranked #13

Among neighborhoods in Medford, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Downtown Medford, Medford, MA

School data provided by Great Schools

Getting Around the Downtown Medford Neighborhood in Medford, MA

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

48 / 100

Some Transit

A few 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 Downtown Medford Apartments

What is the Cheapest Studio apartment in Downtown Medford?

Currently the most affordable Cheap Studio Apartment in Downtown Medford is at The Princeton listed at $2,050.

What is the lowest price for a Cheap Two Bedroom Downtown Medford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Medford is starting from $2,300 at Medford Square Riverside.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.