Cheap Homes for Rent in Downtown Boston Neighborhood of Boston, MA from $1,200 (133 Rentals)

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

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.

property at 43 Anderson St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

43 Anderson St, Unit 3

43 Anderson St
BostonMA02114

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.

property at 38 Anderson St

$2,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

Studio, 1 Bath Condo for Rent

Available Now

38 Anderson St, Unit 2

38 Anderson St
BostonMA02114
property at 372 North St

$2,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

372 North St, Unit 1

372 North St
BostonMA02113
property at 11 Charter St

$2,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

11 Charter St, Unit 3R

11 Charter St
BostonMA02113
property at 68 Myrtle St

$2,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio, 1 Bath Condo for Rent

Available Sep 1

68 Myrtle St, Unit 8

68 Myrtle 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.

property at 74 Phillips St

$2,325

Total Monthly Price

Total Monthly Price

Base Rent
$2,325

Total Monthly Price
$2,325

Studio, 1 Bath Condo for Rent

Available Sep 1

74 Phillips St

BostonMA02114
property at 59 Hancock St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

Studio, 1 Bath Condo for Rent

Available Sep 1

59 Hancock St

BostonMA02114

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.

property at 37 Revere St

$2,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

Studio, 1 Bath Condo for Rent

Available Sep 1

37 Revere St, Unit 3

37 Revere St
BostonMA02114
property at 123 Myrtle St

$2,375

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,375

Total Monthly Price
$2,375

1 Bedroom, 1 Bath Condo for Rent

Available Now

123 Myrtle St, Unit 2

123 Myrtle St
BostonMA02114

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

Best Value Apartments for Rent in Downtown Boston, MA

As of July 05, 2026 the best value apartment in the Downtown Boston area is the $0.24 price per square foot 22 Sheafe St Model at 22 Sheafe St, Unit 2 in the in the Financial District neighborhood starting from $2,400. The second greatest value Downtown Boston apartment is the 39 Charter St Model at 39 Charter St starting at $2,500 with a $0.25 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.
22 Sheafe St, Unit 222 Sheafe St1BR,1BA$0.24
39 Charter St39 Charter St1BR,1BA$0.25
15 Sheafe St, Unit 215 Sheafe St1BR,1BA$0.23
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.23
66 Phillips St, Unit A66 Phillips StStudio ,1BA$0.21
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.23
50 S Russell St50 S Russell StStudio ,1BA$0.21
22 Garden St, Unit 20-822 Garden St1BR,1BA$0.24
83 Essex St83 Essex St1BR,1BA$0.24
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20

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

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 #69

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 Downtown Boston

What type of rentals are currently available in Downtown Boston?

There are currently 1133 Apartments for Rent in Downtown Boston, MA with pricing that ranges from $1,550 to $25,927. There are also 555 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Boston ranging from $1,210 to $35,000.

What is the current price range for Rental Homes in Downtown Boston?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Boston ranges from $1,210 to $35,000 with an average monthly rent of $4,824.

How much are larger Three and Four Bedroom Rentals in Downtown Boston?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Boston range from $2,985 to $18,864, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,460 to $35,000. Four Bedroom Single-Family rentals are also available starting from $1,760 and Four Bedroom Apartments start at $4,000.

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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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!

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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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.