124 Bowdoin St
BostonMA02108
Cheap Apartments for Rent in the Downtown Boston Neighborhood of Boston, MA from $700 (90 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Boston area of Boston.
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Rent Specials
$1,517 - $3,300
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jul 1Boylston St, 40
40 Boylston StBoston, MA 02116
Furnished Private Bedroom in North End
15 Snow Hill St
BostonMA02113
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$1,6001 Bedroom Apartments Available Sep 1
Furnished Private Bedroom in North End
15 Snow Hill StBoston, MA 02113
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$1,950Studio Apartments Available Now
58 Anderson St, Unit 7
58 Anderson StBoston, MA 02114
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$1,950Studio Apartments Available Now
58 Anderson St, Unit 8
58 Anderson StBoston, MA 02114
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$2,000
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
58 S Russell St, Unit 2
58 S Russell StBoston, MA 02114
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$2,000
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
56 S Russell St, Unit 4
56 S Russell StBoston, MA 02114
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$2,050
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,050
Total Monthly Price
$2,050
3 Goodwin Pl, Unit B
3 Goodwin PlBoston, MA 02114
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$2,075Studio Apartments Available Sep 1
40 Anderson St, Unit 7
40 Anderson StBoston, MA 02114
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.
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$2,075Studio Apartments Available Sep 1
40 Anderson St, Unit 3
40 Anderson StBoston, MA 02114
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$2,075Studio Apartments Available Sep 1
41 Anderson St, Unit 4-2
41 Anderson StBoston, MA 02114
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$2,100
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
58 S Russell St, Unit 2
58 S Russell StBoston, MA 02114
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$2,100 - $3,150
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$2,100 - $3,150
Total Monthly Price
$2,100 - $3,150
20 Hanover Ave
20 Hanover AveBoston, MA 02109
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$2,100
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
50 S Russell St
50 S Russell StBoston, MA 02114
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$2,100
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
54 S Russell St, Unit 6
54 S Russell StBoston, MA 02114
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$2,100
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
66 Phillips St, Unit A
66 Phillips StBoston, MA 02114
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$2,125Studio Apartments Available Sep 1
40 Anderson St, Unit 15
40 Anderson StBoston, MA 02114
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$2,125Studio Apartments Available Sep 1
40 Anderson St, Unit 8
40 Anderson StBoston, MA 02114
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$2,125Studio Apartments Available Sep 1
40 Anderson St, Unit 17
40 Anderson StBoston, MA 02114
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$2,150 - $3,000
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,150 - $3,000
Total Monthly Price
$2,150 - $3,000
32 Anderson St
32 Anderson StBoston, MA 02114
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$2,150
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,150
Total Monthly Price
$2,150
42 Anderson St, Unit 3
42 Anderson StBoston, MA 02114
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$2,150 - $2,200
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,150 - $2,200
Total Monthly Price
$2,150 - $2,200
47 Joy St
47 Joy StBoston, MA 02114
83 Charles St
BostonMA02114
10 Otis Pl
BostonMA02108
84 Charles St
BostonMA02114
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$2,175Studio Apartments Available Sep 1
41 Anderson St, Unit 2-2
41 Anderson StBoston, MA 02114
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$2,175
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,175
Total Monthly Price
$2,175
30 Irving St, Unit B
30 Irving StBoston, MA 02114
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$2,195 - $2,295
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
Base Rent
$2,195 - $2,295
Total Monthly Price
$2,195 - $2,295
70 Pinckney St
70 Pinckney StBoston, MA 02114
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$2,199
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,199
Total Monthly Price
$2,199
51 Anderson St, Unit 3
51 Anderson StBoston, MA 02114
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
42 Lomasney Way, Unit 1
42 Lomasney WayBoston, MA 02114
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$2,2001 Bedroom Apartments Available Sep 1
42 Lomasney Wy, Unit 1
42 Lomasney WyBoston, MA 02114
83 W Cedar St
BostonMA02114
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$2,2751 Bedroom Apartments Available Jul 1
224 Tremont St, Unit 2c
224 Tremont StBoston, MA 02116
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$2,295
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,295
Total Monthly Price
$2,295
42 S Russell St, Unit 3
42 S Russell StBoston, MA 02114
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$2,295
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,295
Total Monthly Price
$2,295
36 S Russell St, Unit 3
36 S Russell StBoston, MA 02114
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
20 Fayette St
20 Fayette StBoston, MA 02116
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Rent Specials
$2,300 - $3,350
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now62 on the Park
62 Boylston StBoston, MA 02116
34 Mt Vernon St
BostonMA02108
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$2,300
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
33 Grove St, Unit 2
33 Grove StBoston, MA 02114
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
6 Champney Pl, Unit 2
6 Champney PlBoston, MA 02114
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$2,300 - $3,150
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,300 - $3,150
Total Monthly Price
$2,300 - $3,150
26 Fayette St
26 Fayette StBoston, MA 02116
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
56 Joy St, Unit 9
56 Joy StBoston, MA 02114
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$2,300 - $2,600
Total Monthly Price12 Month Lease Term
Studio Apartment Available Aug 1Total Monthly Price
Base Rent
$2,300 - $2,600
Total Monthly Price
$2,300 - $2,600
142 Bowdoin St
142 Bowdoin StBoston, MA 02108
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
25 Fayette St, Unit 1
25 Fayette StBoston, MA 02116
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
42 Lomasney Way, Unit 1
42 Lomasney WayBoston, MA 02114
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$2,300Studio Apartments Available Now
62 Boylston St, Unit L15
62 Boylston StBoston, MA 02116
11 Grove St
BostonMA02114
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$2,325Studio Apartments Available Now
62 Boylston St, Unit 111
62 Boylston StBoston, MA 02116
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$2,325Studio Apartments Available Now
62 Boylston St, Unit M03
62 Boylston StBoston, MA 02116
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Downtown Boston, Boston, MA Local Guide
How much does it cost to rent an apartment in Downtown Boston?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Boston Studio Apartments | $2,851 | $1,500 | $9,473 |
| Downtown Boston 1 Bedroom Apartments | $3,633 | $1,550 | $9,589 |
| Downtown Boston 2 Bedroom Apartments | $4,656 | $2,550 | $10,000+ |
| Downtown Boston 3 Bedroom Apartments | $5,736 | $3,200 | $10,000+ |
| Downtown Boston 4 Bedroom Apartments | $8,596 | $4,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 90 rentals with your search options within a 2 mile radius of the Downtown Boston Neighborhood of Boston, MA.
See all Apartments in BostonExplore Boston
Downtown Boston, Boston, MA Local Guide
- Nearby Boston neighborhoods
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Cheapest Available Downtown Boston Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 62 on the Park | Studio | Studio,1BA | $2,300 |
Best Value Apartments for Rent in Downtown Boston, MA
As of June 10, 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 66 Phillips St Model at 66 Phillips St, Unit A 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 58 S Russell St, Unit 2 | 58 S Russell St | Studio ,1BA | $0.20 |
| 66 Phillips St, Unit A | 66 Phillips St | Studio ,1BA | $0.21 |
| 50 S Russell St | 50 S Russell St | Studio ,1BA | $0.21 |
| 42 S Russell St, Unit 3 | 42 S Russell St | Studio ,1BA | $0.23 |
| 36 S Russell St, Unit 3 | 36 S Russell St | Studio ,1BA | $0.23 |
| 15 Sheafe St, Unit 2 | 15 Sheafe St | 1BR,1BA | $0.23 |
| 22 Sheafe St, Unit 2 | 22 Sheafe St | 1BR,1BA | $0.24 |
| 43 Anderson St, Unit #41-32 | 43 Anderson St | Studio ,1BA | $0.24 |
| 83 Essex St | 83 Essex St | 1BR,1BA | $0.24 |
| 83 Essex St, Unit 75 | 83 Essex St | 1BR,1BA | $0.26 |
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.
Read ArticleTop 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
Read ArticleReal 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.
Read ArticleQuick 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.
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Do you know the Downtown Boston area?
If you’re an expert on all things Downtown Boston, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Boston, Boston, MA
Ranked #70
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Boston, Boston, MA
School data provided by Great Schools
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 $2,300.
What is the price of a cheap apartment in Downtown Boston?
The cheapest apartment in Downtown Boston is Essex Apartments, 81 which is listed at $2,400, while the average apartment in Downtown Boston costs $7,750.
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 $348 which is $7,402 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
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.
A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.