Cheap Homes for Rent in Boston, MA from $700 (508 Rentals)

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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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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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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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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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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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Boston, MA Local Guide

Cheapest Neighborhoods for Apartments in Boston, MA

Pricing Updated: 01/01/2026

Current apartment rentals in the Boston, MA area range in price from $375 to $25,795 with an overall median price of $5,835. The three Boston neighborhoods with the lowest median rent pricing are Clover Hill at $1,500, Montello at $1,350, and Arlington at $1,500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Boston Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clover Hill$2,400$1,50025
Montello$2,430$1,3504
Arlington$2,475$1,500102
Park Street$2,475$1,500101
North Common$2,500$1,67569
Centralville$2,595$75053
Prospect Hill$2,600$1,67578
Prospect Hill Back Bay$2,600$1,67596
The Acre$2,600$75026
East Parish$2,650$1,62550

Cheapest Available Boston Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Clean, newly renovated rooming house rooms available for rent (Light St, Lynn)1BR/1.0BA1BR,1BA$950
14 Horace St31BR,1BA$1,100

Best Value Apartments for Rent in Boston, MA

As of January 01, 2026 the best value apartment in the Boston area is the $0.19 price per square foot 1120 Commonwealth Ave Model at 1120 Commonwealth Ave, Unit A in the in the Harvard Square neighborhood starting from $1,875. The second greatest value Boston apartment is the 48 Harvard St Model at 48 Harvard St, Unit 3 starting at $1,700 with a $0.17 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Boston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1120 Commonwealth Ave, Unit A1120 Commonwealth AveStudio ,1BA$0.19
48 Harvard St, Unit 348 Harvard St1BR,1BA$0.17
720 Bennington St, Unit 207720 Bennington StStudio ,1BA$0.19
1440 Commonwealth Ave, Unit 121440 Commonwealth AveStudio ,1BA$0.19
100 Warren St, Unit 66-3100 Warren St5BR,3BA$0.14
15 Higgins St, Unit A15 Higgins St1BR,1BA$0.18
180 Calumet St, Unit #2180 Calumet St3BR,1BA$0.13
15 Centervale Park, Unit #115 Centervale Park5BR,2BA$0.13
31 Seattle St, Unit B31 Seattle St1BR,1BA$0.18
6 Wainwright St, Unit Apt 36 Wainwright St1BR,1BA$0.18

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Boston, MA Rentals by Map

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Frequently Asked Questions about Boston

What type of rentals are currently available in Boston?

There are currently 17908 Apartments for Rent in Boston, MA with pricing that ranges from $375 to $25,795. There are also 9949 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boston ranging from $700 to $45,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Boston ranges from $700 to $45,000 with an average monthly rent of $10,500.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Boston range from $900 to $25,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $45,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,000.

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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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!

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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.

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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!