Cheap Apartments for Rent in the Downtown Boston Neighborhood of Boston, MA from $700 (99 Rentals)

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

property at 120 Charles St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Home for Rent

Available Now

120 Charles St

BostonMA02122
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44 Bromfield St
$1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Required Monthly Fees
$360

Total Monthly Price
$1,950
Studio Apartments Available Dec 30

44 Bromfield St

44 Bromfield StBoston, MA 02108
Furnished
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44 Bromfield St
$1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Required Monthly Fees
$360

Total Monthly Price
$1,950
Studio Apartments Available Dec 30

44 Bromfield St

44 Bromfield StBoston, MA 02108
Furnished
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117 Beacon St, Unit 405-2
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995
Studio Apartment Available Now

117 Beacon St, Unit 405-2

117 Beacon StBoston, MA 02116
Cost Per Sq.Ft.
property at 50 Staniford St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

Studio, 1 Bath Home for Rent

Available Now

50 Staniford St

BostonMA02114

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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50 S Russell St, Unit 3
$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, Unit 3

50 S Russell StBoston, MA 02114
Cost Per Sq.Ft.
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44 Bromfield St
$2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,790
Required Monthly Fees
$360

Total Monthly Price
$2,150
Studio Apartments Available Dec 30

44 Bromfield St

44 Bromfield StBoston, MA 02108
Furnished

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.

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1 Nashua St
$2,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,790
Required Monthly Fees
$375

Total Monthly Price
$2,165
1 Bedroom Apartments Available Dec 30

1 Nashua St

1 Nashua StBoston, MA 02114
Furnished
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44 Bromfield St
$2,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Required Monthly Fees
$375

Total Monthly Price
$2,175
1 Bedroom Apartments Available Now

44 Bromfield St

44 Bromfield StBoston, MA 02108
Furnished
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20 Mount Vernon St, Unit 601
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
Studio Apartment Available Now

20 Mount Vernon St, Unit 601

20 Mount Vernon StBoston, MA 02108
Affordability
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28 Mount Vernon St, Unit 102
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
Studio Apartment Available Now

28 Mount Vernon St, Unit 102

28 Mount Vernon StBoston, MA 02108
Affordability
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46 Joy St, Unit 10
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
1 Bedroom Apartment Available Jan 1, 2026

46 Joy St, Unit 10

46 Joy StBoston, MA 02114
Cost Per Sq.Ft.
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1 Nashua St
$2,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Required Monthly Fees
$375

Total Monthly Price
$2,225
1 Bedroom Apartments Available Dec 30

1 Nashua St

1 Nashua StBoston, MA 02114
Furnished
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45 Stuart St
$2,255
Total Monthly Price

Total Monthly Price

Base Rent
$1,880
Required Monthly Fees
$375

Total Monthly Price
$2,255
1 Bedroom Apartments Available Dec 30

45 Stuart St

45 Stuart StBoston, MA 02116
Furnished
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44 Bromfield St
$2,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,890
Required Monthly Fees
$375

Total Monthly Price
$2,265
1 Bedroom Apartments Available Now

44 Bromfield St

44 Bromfield StBoston, MA 02108
Furnished

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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24 Commonwealth Ave, Unit #1
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
1 Bedroom Apartment Available Now

24 Commonwealth Ave, Unit #1

24 Commonwealth AveBoston, MA 02116
Affordability
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32 Anderson St, Unit 4
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
Studio Apartment Available Now

32 Anderson St, Unit 4

32 Anderson StBoston, MA 02114
Affordability
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20 Fayette St
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
1 Bedroom Apartment Available Now

20 Fayette St

20 Fayette StBoston, MA 02116
Cost Per Sq.Ft.
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120 Kingston St
$2,305
Total Monthly Price

Total Monthly Price

Base Rent
$1,930
Required Monthly Fees
$375

Total Monthly Price
$2,305
1 Bedroom Apartments Available Dec 30

120 Kingston St

120 Kingston StBoston, MA 02111
Furnished
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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.

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
$2,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350
Studio Apartment Available Now

37 Anderson St, Unit 2

37 Anderson StBoston, MA 02114
Affordability
property at 274 Cambridge St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Home for Rent

Available Now

274 Cambridge St

BostonMA02114
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120 Kingston St
$2,395
Total Monthly Price

Total Monthly Price

Base Rent
$2,020
Required Monthly Fees
$375

Total Monthly Price
$2,395
1 Bedroom Apartments Available Dec 30

120 Kingston St

120 Kingston StBoston, MA 02111
Furnished
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42 Anderson St, Unit 3-2
$2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400
Studio Apartment Available Now

42 Anderson St, Unit 3-2

42 Anderson StBoston, MA 02114
Affordability
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23 Snow Hill St, Unit 10
$2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400
1 Bedroom Apartment Available Now

23 Snow Hill St, Unit 10

23 Snow Hill StBoston, MA 02113
Cost Per Sq.Ft.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Downtown Boston, Boston, MA Local Guide

Best Value Apartments for Rent in Downtown Boston, MA

As of December 29, 2025 the best value apartment in the Downtown Boston area is the $0.20 price per square foot 18 Parmenter St Model at 18 Parmenter St, Unit 1 in the in the Financial District neighborhood starting from $2,000. The second greatest value Downtown Boston apartment is the 54 S Russell St Model at 54 S Russell St, Unit 6 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.
18 Parmenter St, Unit 118 Parmenter St1BR,1BA$0.20
54 S Russell St, Unit 654 S Russell StStudio ,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
25 Fayette St, Unit 125 Fayette St1BR,1BA$0.23
117 Beacon St, Unit 405-2117 Beacon StStudio ,1BA$0.20
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21
32 Anderson St, Unit A1132 Anderson StStudio ,1BA$0.23
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.21
50 S Russell St, Unit 350 S Russell StStudio ,1BA$0.21
367 Western Ave, Unit 2B367 Western AveStudio ,1BA$0.21

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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The 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.

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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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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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Quick 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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Pet Friendly Lifestyle
Downtown Boston, Boston, MA

Ranked #59

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 the most affordable Downtown Boston Three Bedroom Apartment?

The best deal on a cheap Downtown Boston Three Bedroom Apartment rental is at 15 Bartlett Pl and starts from $4,200.

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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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.

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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!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

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.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!