Cheap Apartments for Rent in Watertown, MA from $700 (238 Rentals)

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

Search the lowest-cost Apartments available for rent right now in Watertown.

close
View Me
78-86 Prentiss St
2 Bedroom Apartments

78-86 Prentiss St

78-86 Prentiss StWatertown, MA 02472
close
View Me
550 Belmont St
Studio to 1 Bedroom Apartments

550 Belmont St

550 Belmont StWatertown, MA 02472

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

property at 12 Nonantum St

12 Nonantum St

BostonMA02135
property at 184 Ash St

184 Ash St

WalthamMA02453

Watertown, MA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Watertown, MA

Pricing Updated: 03/26/2025

Current apartment rentals in the Watertown, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Watertown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Watertown West End$4,725$1,1008180

Cheapest Available Watertown Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Adams Street Apartments - No Fee, Short TermFurnished StudioStudio,1BA$1,150

Best Value Apartments for Rent in Watertown, MA

As of March 26, 2025 the best value apartment in the Watertown area is the $0.18 price per square foot 1152 Commonwealth Ave Model at 1152 Commonwealth Ave, Unit C in the in the Harvard Square neighborhood starting from $1,800. The second greatest value Watertown apartment is the 22 Shepard St Model at 22 Shepard St, Unit B starting at $1,800 with a $0.18 price per square foot in the St. Elizabeth's neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1152 Commonwealth Ave, Unit C1152 Commonwealth Ave1BR,1BA$0.18
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
31 Seattle St, Unit B31 Seattle St1BR,1BA$0.18
63 Brighton Ave, Unit C63 Brighton Ave1BR,1BA$0.19
319 Allston St, Unit 3319 Allston StStudio ,1BA$0.19
153 Murdock St, Unit 2153 Murdock St3BR,2BA$0.18
153 Murdock St, Unit 2153 Murdock St3BR,2BA$0.18
96 Winthrop St, Unit 196 Winthrop 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

Watertown Overview

If you are looking for a beautiful place to live and work, you may want to consider moving to Watertown, Massachusetts. This is a city that is located in Middlesex County. A part of the Greater Boston area, it is known for its friendly people, delicious food, and gorgeous weather. If you are looking for Watertown apartments, it is important to learn more about this area. What do you need to know if you are considering moving to apartments in Watertown, Massachusetts?á

Why live in Watertown, MA?

There are numerous reasons why so many people choose to live in Watertown, Massachusetts. First, this is a community that is friendly and welcoming to just about everyone. Therefore, it is relatively easy for anyone to fit right in. Furthermore, the cost of living in Watertown, Massachusetts is significantly lower than the cost of living in Boston. At the same time, Watertown is still relatively close to Boston. This means that anyone who would like to live in Watertown and commute to Boston can do so easily. Given all of these fantastic reasons, it is easy to see why so many people are deciding to live in Watertown.á

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Watertown, MA Rentals by Map

View MapWatertown, MA Apartments MapView MapWatertown, MA Rental Homes Map

Getting Around Watertown, MA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Watertown Apartments

What is a cheap apartment in Watertown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watertown is under $1,150.

What is the price of a cheap apartment in Watertown?

The cheapest apartment in Watertown is which is listed at $1,300, while the average apartment in Watertown costs $4,725.

What types of apartments are the cheapest in Watertown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 570 regular apartments in Watertown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Watertown?

Cheap apartments in Watertown have an average cost of $190 which is $4,535 cheaper than the average rent for all rentals in Watertown.

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.