
Cheap Apartments for Rent in the Downtown Boston Neighborhood of Boston, MA from $700 (96 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Boston area of Boston.


Furnished Private Bedroom in North End

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37 Oak St, Unit 1 room

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18 Parmenter St, Unit 1

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11 Anderson St, Unit 2

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117 Beacon St, Unit 405-7

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24 Phillips St, Unit 1

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40 Anderson St, Unit 5

17 Sheafe St

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3 Goodwin Pl, Unit B
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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42 S Russell St, Unit 3

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54 S Russell St, Unit 6

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58 S Russell St, Unit 2

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36 S Russell St, Unit 3

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50 S Russell St, Unit 3

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367 Western Ave, Unit 2B

49 Brimmer St

20 Bartlett Pl

120 Charles St

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44 Anderson St, Unit 40-2
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.

62 on the Park

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42 Anderson St, Unit 3

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51 Anderson St, Unit 3

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46 Joy St, Unit 10

14 Isabella St

85 Phillips St

206 Hanover St

30 Isabella St

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32 Anderson St, Unit A11

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32 Anderson St, Unit 4
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & 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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106 Myrtle St, Unit 7

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26 Fayette St, Unit 1

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25 Fayette St, Unit 1

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56 Joy St, Unit 9

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20 Fayette St

25 Sheafe St

75 Chandler St

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93 West Cedar St, Unit 94-2

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15 Sheafe St, Unit 2
Explore Like a Local: The Insider's Guide to Boston
Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

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37 Anderson St, Unit 2

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100 Charles St, Unit 8

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17 Joy St, Unit 8##

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23 Snow Hill St, Unit 10

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23 Snow Hill St, Unit 10

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86 Myrtle St, Unit 22

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214 Cambridge St, Unit 3D

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53 Pinckney St, Unit d5

22 Isabella St

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23 Snow Hill St, Unit 10
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.
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 | $2,920 | $1,995 | $4,400 |
| Downtown Boston 1 Bedroom Apartments | $3,589 | $1,517 | $10,000+ |
| Downtown Boston 2 Bedroom Apartments | $4,421 | $2,600 | $10,000+ |
| Downtown Boston 3 Bedroom Apartments | $5,339 | $2,850 | $10,000+ |
| Downtown Boston 4 Bedroom Apartments | $7,196 | $5,200 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 96 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
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Best Value Apartments for Rent in Downtown Boston, MA
As of November 02, 2025 the best value apartment in the Downtown Boston area is the $0.20 price per square foot 117 Beacon St Model at 117 Beacon St, Unit 405-7 in the in the Financial District neighborhood starting from $1,995. The second greatest value Downtown Boston apartment is the 40 Anderson St Model at 40 Anderson St, Unit 5 starting at $2,000 with a $0.20 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. |
|---|---|---|---|
| 117 Beacon St, Unit 405-7 | 117 Beacon St | Studio ,1BA | $0.20 |
| 40 Anderson St, Unit 5 | 40 Anderson St | Studio ,1BA | $0.20 |
| 42 S Russell St, Unit 3 | 42 S Russell St | Studio ,1BA | $0.21 |
| 32 Anderson St, Unit A11 | 32 Anderson St | Studio ,1BA | $0.23 |
| 24 Phillips St, Unit 1 | 24 Phillips St | Studio ,1BA | $0.20 |
| 36 S Russell St, Unit 3 | 36 S Russell St | Studio ,1BA | $0.21 |
| 50 S Russell St, Unit 3 | 50 S Russell St | Studio ,1BA | $0.21 |
| 11 Anderson St, Unit 2 | 11 Anderson St | Studio ,1BA | $0.20 |
| 367 Western Ave, Unit 2B | 367 Western Ave | Studio ,1BA | $0.21 |
| 44 Anderson St, Unit 40-2 | 44 Anderson St | Studio ,1BA | $0.22 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleBoston 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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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.
Pet Friendly LifestyleDowntown Boston, Boston, MA
Ranked #61
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
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
