Cheap Apartments for Rent in Cambridge, MA from $300 (165 Rentals)

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property at 17 Putnam Ct

17 Putnam Ct

CambridgeMA02139

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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179 Prospect St
Studio to 1 Bedroom Apartments

179 Prospect St

179 Prospect StCambridge, MA 02139
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279 Harvard St
Studio to 2 Bedroom Apartments

279 Harvard St

279 Harvard StCambridge, MA 02139
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Finch Cambridge
1 to 2 Bedroom Apartments

Finch Cambridge

671-675 Concord AveCambridge, MA 02138
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27 William St
Studio Apartments

27 William St

27 William StCambridge, MA 02139
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Studio to 2 Bedroom Apartments

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243 BroadwayCambridge, MA 02139
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19 Garden St
Studio to 2 Bedroom Apartments

19 Garden St

19 Garden StCambridge, MA 02138
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Putnam Manor
Studio Apartments

Putnam Manor

16 TrowbridgeCambridge, MA 02138
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63 Inman Street
Studio to 1 Bedroom Apartments

63 Inman Street

63 Inman StCambridge, MA 02139

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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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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Cambridge, MA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Cambridge, MA

Pricing Updated: 08/09/2025

Current apartment rentals in the Cambridge, MA area range in price from $1,000 to $29,690 with an overall median price of $7,555. The three Cambridge neighborhoods with the lowest median rent pricing are East Cambridge at $1,025, Aggasiz at $2,200, and North Cambridge at $1,400. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Cambridge$5,500$1,025429
Aggasiz$6,650$2,200122
North Cambridge$7,200$1,400268
Cambridgepark$8,500$2,40053
Harvard University$8,500$1,025299
The Port$8,985$1,000240

Best Value Apartments for Rent in Cambridge, MA

As of August 10, 2025 the best value apartment in the Cambridge area is the $0.20 price per square foot 64 Woodstock Ave Model at 64 Woodstock Ave, Unit 5 in the in the St. Elizabeth's neighborhood starting from $1,950. The second greatest value Cambridge apartment is the 22 Shepard St Model at 22 Shepard St, Unit B starting at $1,800 with a $0.18 price per square foot in the St. Elizabeth's neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
64 Woodstock Ave, Unit 564 Woodstock AveStudio ,1BA$0.20
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18
40 Gardner St, Unit A40 Gardner StStudio ,1BA$0.20
1669 Commonwealth Ave, Unit 221669 Commonwealth AveStudio ,1BA$0.20
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
69 S Huntington Ave, Unit 53-30169 S Huntington AveStudio ,1BA$0.17
69 S Huntington Ave, Unit 53-30169 S Huntington AveStudio ,1BA$0.17
145 Perkins St, Unit 1145 Perkins StStudio ,1BA$0.20
151 Perkins St, Unit 1151 Perkins StStudio ,1BA$0.20
22 Chiswick Rd, Unit 522 Chiswick RdStudio ,1BA$0.19

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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Cambridge Overview

Firmly located in the greater Boston region, Cambridge is a gem of the proud state of Massachusetts. Home to both Harvard University and MIT, this scholarly destination is known for so much more than higher learning, making it an ideal locale in which to raise a family or embark on a career.

Why live in Cambridge, MA?

"Basking in history and home to ""the most innovative square mile on the planet"" (Kendall Square), Cambridge rentals have much to offer and have become highly sought-after pieces of property. Ivy league college students flock to the area, given its home to Harvard, and the greater Boston job market is just a short rail ride away. When it comes to life in a Massachusetts city, Cambridge simply hits the mark on all counts."

Best Local Schools in
Cambridge, MA

School data provided by Great Schools

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

Explore Cambridge, MA Rentals by Map

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See the most popular apartments and homes in Cambridge, MA

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Cambridge, MA Apartments Map
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Getting Around Cambridge, MA

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

97 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

72 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Cambridge Apartments

What is the Cheapest Studio apartment in Cambridge?

Currently the most affordable Cheap Studio Apartment in Cambridge is at 35 @ EightSixty listed at $1,713.

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,700 at The Muse.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $1,950 at The Muse.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at 7INK and starts from $1,696.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.