Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (184 Rentals)

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

property at 50 Waltham St

50 Waltham St

WatertownMA02472
property at 550 Belmont St

550 Belmont St

WatertownMA02472

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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78-86 Prentiss St
2 Bedroom Apartments

78-86 Prentiss St

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

550 Belmont St

550 Belmont StWatertown, MA 02472
property at 12 Nonantum St

12 Nonantum St

BostonMA02135
Showing Results 1-50, Page 1 of 4

Downtown Watertown, Watertown, MA Local Guide

Best Value Apartments for Rent in Downtown Watertown, MA

As of March 31, 2025 the best value apartment in the Downtown Watertown area is the $0.20 price per square foot 18 Beechcroft St Model at 18 Beechcroft St, Unit 4 in the in the St. Elizabeth's neighborhood starting from $2,000. The second greatest value Downtown 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 Downtown Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
18 Beechcroft St, Unit 418 Beechcroft St1BR,1BA$0.20
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18
18 Beechcroft St, Unit 418 Beechcroft St1BR,1BA$0.20
175 N Beacon St, Unit 1175 N Beacon StStudio ,1BA$0.18
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,1BA$0.18
10 Chestnut Hill Ave, Unit 410 Chestnut Hill AveStudio ,1BA$0.20
1933 Commonwealth Ave, Unit 171933 Commonwealth AveStudio ,1BA$0.20
36 Dighton St, Unit 336 Dighton St1BR,1BA$0.20
70 Strathmore Rd, Unit 11A70 Strathmore RdStudio ,1BA$0.20
5 Chestnut Hill Ave, Unit 2-45 Chestnut Hill AveStudio ,1BA$0.20

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Pet Friendly Lifestyle
Downtown Watertown, Watertown, MA

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Watertown Neighborhood in Watertown, MA

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

56 / 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 Downtown Watertown Apartments

What is the Cheapest Studio apartment in Downtown Watertown?

Currently the most affordable Cheap Studio Apartment in Downtown Watertown is at Riverside Apartments, 8-20 listed at $2,000.

How much is rent for a Cheap One Bedroom Downtown Watertown Apartment?

The lowest price for a Cheap One Bedroom Downtown Watertown Apartment is $1,600 at .

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Watertown is starting from $2,000 at .

What is the most affordable Downtown Watertown Three Bedroom Apartment?

The best deal on a cheap Downtown Watertown Three Bedroom Apartment rental is at and starts from $2,100.

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.

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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.