Cheap Apartments for Rent in Cambridge, MA from $700 (427 Rentals)

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property at 322 Western Ave

322 Western Ave

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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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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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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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

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.

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.

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

Cambridge, MA Local Guide

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Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Cambridge, MA

Pricing Updated: 06/25/2025

Current apartment rentals in the Cambridge, MA area range in price from $975 to $29,690 with an overall median price of $8,605. The three Cambridge neighborhoods with the lowest median rent pricing are East Cambridge at $1,075, Aggasiz at $1,125, and Cambridgepark at $2,391. 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$6,000$1,075443
Aggasiz$6,650$1,125154
Cambridgepark$8,500$2,39161
Harvard University$8,500$975307
The Port$8,985$1,125233
North Cambridge$13,000$1,950283

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, MA is a 4 Beds unit found at 7INK in the Financial District neighborhood priced from $1,454. The Charlestown - Senior Residences 62+ in the Kendall Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7INKCambria4BR,2BA$1,454
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,713
CHR Brookline - Coolidge Corner CommunitiesHampton Court - Studio/1 BathStudio,1BA$1,750
176 Naples RdStudioStudio,1BA$1,775

Best Value Apartments for Rent in Cambridge, MA

As of June 26, 2025 the best value apartment in the Cambridge area is the $0.18 price per square foot 22 Shepard St Model at 22 Shepard St, Unit B in the in the St. Elizabeth's neighborhood starting from $1,800. The second greatest value Cambridge apartment is the 126 Warren St Model at 126 Warren St, Unit 8 starting at $1,800 with a $0.18 price per square foot in the Roxbury 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.
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18
126 Warren St, Unit 8126 Warren StStudio ,1BA$0.18
61 S Huntington Ave, Unit 361 S Huntington AveStudio ,1BA$0.16
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
96 Winthrop St, Unit 196 Winthrop St1BR,1BA$0.18
69 S Huntington Ave, Unit 53-30169 S Huntington AveStudio ,1BA$0.18
69 S Huntington Ave, Unit 53-30169 S Huntington AveStudio ,1BA$0.18
54 West St, Unit #1954 West St1BR,1BA$0.18
3 Forest St, Unit #2023 Forest St1BR,1BA$0.18
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,1BA$0.18

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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."

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

Explore Cambridge, MA Rentals by 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

Frequently Asked Questions about Cheap Cambridge Apartments

What is a cheap apartment in Cambridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cambridge is under $1,775.

What is the price of a cheap apartment in Cambridge?

The cheapest apartment in Cambridge is The Charlestown - Senior Residences 62+ which is listed at $1,700, while the average apartment in Cambridge costs $8,605.

What types of apartments are the cheapest in Cambridge?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Cambridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cambridge?

Cheap apartments in Cambridge have an average cost of $108 which is $8,497 cheaper than the average rent for all rentals in Cambridge.

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.