Cheap Apartments for Rent in the Downtown Boston Neighborhood of Boston, MA from $700 (137 Rentals)

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

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333 Washington St, Unit 1
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995
2 Bedroom Apartment Available Aug 31

333 Washington St, Unit 1

333 Washington StBoston, MA 02108
Cost Per Sq.Ft.
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80 West Cedar St
$2,000 - $2,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $2,350

Total Monthly Price
$2,000 - $2,350
Studio Apartment Available Aug 1

80 West Cedar St

80 West Cedar StBoston, MA 02114
Affordability
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20 Cooper St
$2,000 - $2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $2,400

Total Monthly Price
$2,000 - $2,400
Studio to 1 Bedroom Apartment Available Sep 1

20 Cooper St

20 Cooper StBoston, MA 02113
Cost Per Sq.Ft.
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50 S Russell St
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
Studio Apartment Available Now

50 S Russell St

50 S Russell StBoston, MA 02114
Cost Per Sq.Ft.

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property at 19 Clark St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

Studio, 1 Bath Home for Rent

Available Sep 2

19 Clark St

BostonMA02113
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70 Pinckney St
$2,195 - $2,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,195 - $2,295

Total Monthly Price
$2,195 - $2,295
Studio Apartment Available Sep 1

70 Pinckney St

70 Pinckney StBoston, MA 02114
Cost Per Sq.Ft.
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41 Revere St, Unit 7
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
Studio Apartment Available Sep 1

41 Revere St, Unit 7

41 Revere StBoston, MA 02114
Affordability
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142 Bowdoin St
$2,200 - $2,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200 - $2,600

Total Monthly Price
$2,200 - $2,600
Studio Apartment Available Sep 1

142 Bowdoin St

142 Bowdoin StBoston, MA 02108
Cost Per Sq.Ft.
property at 41 Revere St

$2,200 - $2,275

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio Rentals

Available Sep 1

41 Revere St

BostonMA02114
property at 19 S Russell St

$2,200 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom Rentals

Available Sep 1

19 S Russell St

BostonMA02114

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property at 34 Mt Vernon St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio, 1 Bath Home for Rent

Available Sep 1

34 Mt Vernon St

BostonMA02108
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33 Grove St, Unit 2
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
Studio Apartment Available Now

33 Grove St, Unit 2

33 Grove StBoston, MA 02114
Affordability
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26 Fayette St
$2,300 - $3,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300 - $3,150

Total Monthly Price
$2,300 - $3,150
Studio to 1 Bedroom Apartment Available Sep 1

26 Fayette St

26 Fayette StBoston, MA 02116
Affordability
property at 288 Hanover St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

288 Hanover St

BostonMA02113

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property at 152 Mt Vernon St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio, 1 Bath Home for Rent

Available Now

152 Mt Vernon St

BostonMA02108
property at 181 Salem St

$2,000 - $2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio To 1 Bedroom Rentals

Available Sep 1

181 Salem St

BostonMA02113
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15 Sheafe St, Unit 2
$2,340
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,340

Total Monthly Price
$2,340
1 Bedroom Apartment Available Now

15 Sheafe St, Unit 2

15 Sheafe StBoston, MA 02113
Cost Per Sq.Ft.

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property at 26 Myrtle St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

Studio, 1 Bath Home for Rent

Available Sep 1

26 Myrtle St

BostonMA02114

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Downtown Boston, Boston, MA Local Guide

Cheapest Available Downtown Boston Apartments for Rent

 

The cheapest available apartment rental in the Downtown Boston area of Boston, MA is a 1 Bed unit found at Boylston St, 40 priced from $1,517. Essex Apartments, 81 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here are the most affordable Downtown Boston apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Boylston St, 401 Bed 1 Bath1BR,1BA$1,517
Essex Apartments, 811 Bedroom 1 Bath1BR,1BA$1,675
62 on the ParkStudioStudio,1BA$2,150

Best Value Apartments for Rent in Downtown Boston, MA

As of July 25, 2026 the best value apartment in the Downtown Boston area is the $0.20 price per square foot 58 S Russell St Model at 58 S Russell St, Unit 2 in the in the Financial District neighborhood starting from $2,000. The second greatest value Downtown Boston apartment is the 50 S Russell St Model at 50 S Russell St starting at $2,100 with a $0.21 price per square foot in the Financial District neighborhood. Here is today’s list of the best values for Downtown Boston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
50 S Russell St50 S Russell StStudio ,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.23
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.23
15 Sheafe St, Unit 215 Sheafe St1BR,1BA$0.23
22 Sheafe St, Unit 222 Sheafe St1BR,1BA$0.24
39 Charter St39 Charter St1BR,1BA$0.24
83 Essex St83 Essex St1BR,1BA$0.24
83 Essex St, Unit 7583 Essex St1BR,1BA$0.26
86 Myrtle St, Unit 2286 Myrtle StStudio ,1BA$0.27

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Downtown Boston, Boston, MA

Ranked #47

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Boston Apartments

What is a cheap apartment in Downtown Boston?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Boston is under $2,150.

What is the price of a cheap apartment in Downtown Boston?

The cheapest apartment in Downtown Boston is Boylston St, 40 which is listed at $1,517, while the average apartment in Downtown Boston costs $6,920.

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

Cheap apartments in Downtown Boston have an average cost of $311 which is $6,609 cheaper than the average rent for all rentals in Downtown Boston.

Expert Rental Resources

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.

Helpful Local Expert Guides

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Written by: Amelia Ramstead

Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

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Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!

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