
Cheap Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $900 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Institute Park area of Worcester.


Grid District - 50 Franklin

Junction Shop Lofts

17 Federal St

13 Sudbury St

15 Goulding St

36 Cedar St
Institute Park, Worcester, MA Local Guide

How much does it cost to rent an apartment in Institute Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Institute Park Studio Apartments | $2,344 | $1,350 | $5,347 |
Institute Park 1 Bedroom Apartments | $2,667 | $1,400 | $5,886 |
Institute Park 2 Bedroom Apartments | $3,448 | $1,980 | $6,767 |
Institute Park 3 Bedroom Apartments | $3,097 | $1,790 | $4,040 |
Institute Park 4 Bedroom Apartments | $2,823 | $2,400 | $3,405 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Institute Park Neighborhood of Worcester, MA.
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Cheapest Available Institute Park Apartments for Rent
 The cheapest available apartment rental in the Institute Park area of Worcester, MA is a Studio unit found at Colton Apartments priced from $1,350. Grid District - 50 Franklin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,625. Here are the most affordable Institute Park apartments for rent in Worcester, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Colton Apartments | 0x1Ac T2 | Studio,1BA | $1,350 |
Grid District - 50 Franklin | 1BR/1.0BA | 1BR,1BA | $1,625 |
145 Front at City Square | S3H | Studio,1BA | $1,884 |
The Cove | A1 | Studio,1BA | $2,100 |
Audubon Plantation Ridge | Oak | 1BR,1BA | $2,222 |
Best Value Apartments for Rent in Institute Park, MA
As of March 14, 2025 the best value apartment in the Institute Park area is the $2.33 price per square foot 2 Bedroom Live/Work Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $3,227. The second greatest value Institute Park apartment is the A1 Model at Alta on the Row starting at $2,655 with a $3.56 price per square foot in the Biotech Park neighborhood. Here is today’s list of the best values for Institute Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Courthouse Lofts | 2 Bedroom Live/Work | 2BR,1BA | $2.33 |
Alta on the Row | A1 | 1BR,1BA | $3.56 |
Audubon Plantation Ridge | Oak | 1BR,1BA | $3.03 |
145 Front at City Square | S2 | Studio ,1BA | $3.98 |
The Revington | S1 | Studio ,1BA | $4.37 |
Grid District - 50 Franklin | 1BR/1.0BA | 1BR,1BA | $3.22 |
The Cove | A4 | Studio ,1BA | $4.98 |
5 Pleasant St, Unit 202 | 5 Pleasant St | Studio ,1BA | $3.79 |
Colton Apartments | 0x1Ac T2 | Studio ,1BA | $3.86 |
Getting Around the Institute Park Neighborhood in Worcester, MA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
47 / 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 Institute Park Apartments
What is the Cheapest Studio apartment in Institute Park?
Currently the most affordable Cheap Studio Apartment in Institute Park is at Colton Apartments listed at $1,350.
How much is rent for a Cheap One Bedroom Institute Park Apartment?
The lowest price for a Cheap One Bedroom Institute Park Apartment is $1,625 at Grid District - 50 Franklin.
What is the lowest price for a Cheap Two Bedroom Institute Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Institute Park is starting from $2,500 at Audubon Plantation Ridge.
What is the most affordable Institute Park Three Bedroom Apartment?
The best deal on a cheap Institute Park Three Bedroom Apartment rental is at Alta on the Row and starts from $3,805.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.