Cheap Apartments for Rent in the Downtown Boston Neighborhood of Boston, MA from $700 (174 Rentals)

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

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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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Downtown Boston, Boston, MA Local Guide

Best Value Apartments for Rent in Downtown Boston, MA

As of July 21, 2025 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 24 Garden St Model at 24 Garden St, Unit 7 starting at $2,400 with a $0.24 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
24 Garden St, Unit 724 Garden St1BR,1BA$0.24
15 Sheafe St, Unit 215 Sheafe St1BR,1BA$0.23
43 Anderson St, Unit 843 Anderson StStudio ,1BA$0.20
31 Anderson St, Unit 3-131 Anderson StStudio ,1BA$0.23
58 Anderson St, Unit 858 Anderson StStudio ,1BA$0.20
58 Anderson St, Unit 258 Anderson StStudio ,1BA$0.20
11 Myrtle St, Unit B11 Myrtle StStudio ,1BA$0.23
11 Myrtle St, Unit B11 Myrtle StStudio ,1BA$0.23
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21

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Pet Friendly Lifestyle
Downtown Boston, Boston, MA

Ranked #74

Among neighborhoods in Boston, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.