3 William St, Unit Downtown Worcester
3 William St
WorcesterMA01609
Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Institute Park area of Worcester.
17 Federal St, Unit 705
17 Federal St
WorcesterMA01608
16 Ashland St
WorcesterMA01609
40 Elm St, Unit 2
40 Elm St
WorcesterMA01609
40 Elm St
WorcesterMA01609
Showing Results 1-5, Page 1 of 1
Institute Park, Worcester, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Institute Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Institute Park 2 Bedroom Homes for Rent | $2,365 | $1,895 | $2,600 |
| Institute Park 3 Bedroom Homes for Rent | $3,399 | $3,000 | $3,999 |
| Institute Park 4 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Institute Park Neighborhood of Worcester, MA.
Explore Worcester
Let everyone know!
Do you know the Institute Park area?
If you’re an expert on all things Institute Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Grid District - 50 Franklin priced from $1,325. Colton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Institute Park apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grid District - 50 Franklin | WS200 | Studio,1BA | $1,325 |
| Colton Apartments | 0x1AcT3 | Studio,1BA | $1,350 |
| Wexford Village Apartment Homes | The Bradford | Studio,1BA | $1,749 |
Best Value Apartments for Rent in Institute Park, MA
As of April 13, 2025 the best value apartment in the Institute Park area is the $1.07 price per square foot 2 Bed 2 Bath Model at Junction Shop Lofts in the in the Biotech Park neighborhood starting from $2,045. The second greatest value Institute Park apartment is the 2 Bedroom Live/Work Model at Courthouse Lofts starting at $3,227 with a $2.33 price per square foot in the Elm 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. |
|---|---|---|---|
| Junction Shop Lofts | 2 Bed 2 Bath | 2BR,2BA | $1.07 |
| Courthouse Lofts | 2 Bedroom Live/Work | 2BR,1BA | $2.33 |
| 7 Somerset St | 3BR | 3BR,1BA | $2.92 |
| 3 Pleasant Ter, Unit 2 | 3 Pleasant Ter | 4BR,1BA | $1.97 |
| Alta on the Row | A8 | 1BR,1BA | $3.49 |
| Audubon Plantation Ridge | Oak | 1BR,1BA | $3.12 |
| The Revington | S1A | Studio ,1BA | $4.33 |
| 145 Front at City Square | S2 | Studio ,1BA | $3.91 |
| The 6Hundred | 1x1ArT2-1x1 | 1BR,1BA | $4.03 |
| Colton Apartments | 0x1AcT3 | Studio ,1BA | $3.86 |
Frequently Asked Questions about Institute Park
What type of rentals are currently available in Institute Park?
There are currently 205 Apartments for Rent in Institute Park, MA with pricing that ranges from $1,325 to $7,643. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $1,600 to $4,000.
What is the current price range for Rental Homes in Institute Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Institute Park ranges from $1,600 to $4,000 with an average monthly rent of $2,841.
How much are larger Three and Four Bedroom Rentals in Institute Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Institute Park range from $1,790 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $3,999. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $2,350.
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.
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.
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.