Cheap Apartments for Rent in the Central Square Neighborhood of Cambridge, MA from $1,000 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Square area of Cambridge.

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175 River St, Unit 2
$1,299
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299
1 Bedroom Apartment Available Now

175 River St, Unit 2

175 River StCambridge, MA 02139
Affordability
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146 Allston St
$1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800
1 Bedroom Apartment Available Now

146 Allston St

146 Allston StCambridge, MA 02139
Affordability
property at 1691 Cambridge St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

1691 Cambridge St

CambridgeMA02138
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12 Mt Auburn St, Unit 6
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
Studio Apartment Available Now

12 Mt Auburn St, Unit 6

12 Mt Auburn StCambridge, MA 02138
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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.

property at 1686 Massachusetts Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

1686 Massachusetts Ave

CambridgeMA02138
property at 472 Putnam Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

472 Putnam 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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364 Harvard St, Unit 6
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
Studio Apartment Available Now

364 Harvard St, Unit 6

364 Harvard StCambridge, MA 02138
Affordability
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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
  • Utilities Included
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Studio to 2 Bedroom Apartments

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243 BroadwayCambridge, MA 02139
  • Utilities Included
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19 Garden St
Studio to 3 Bedroom Apartments

19 Garden St

19 Garden StCambridge, MA 02138
  • Utilities Included
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Putnam Manor
Studio Apartments

Putnam Manor

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

63 Inman Street

63 Inman StCambridge, MA 02139
Student Housing

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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95A Beacon St
$1,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
Studio Apartment Available Now

95A Beacon St

95A Beacon StSomerville, MA 02143
Affordability
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17 Quincy St, Unit 2
$2,000
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

17 Quincy St, Unit 2

17 Quincy StSomerville, MA 02143
Furnished
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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.

property at 4 Webster Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

4 Webster Ave

SomervilleMA02143
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Kent Street Apartments
Studio to 3 Bedroom Apartments

Kent Street Apartments

32 Kent StSomerville, MA 02143
  • Utilities Included

Central Square, Cambridge, MA Local Guide

Cheapest Available Central Square Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Cambridge Ivy InnRoom Lodging Style1BR,1BA$1,600
Longfellow ApartmentsSTUDIOStudio,1BA$2,050

Best Value Apartments for Rent in Central Square, MA

As of January 14, 2026 the best value apartment in the Central Square area is the $0.22 price per square foot 8 Goodman Rd Model at 8 Goodman Rd, Unit 1 in the in the Kendall Square neighborhood starting from $2,200. The second greatest value Central Square apartment is the 5 Elmer St Model at 5 Elmer St, Unit 3T starting at $2,250 with a $0.23 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for Central Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8 Goodman Rd, Unit 18 Goodman RdStudio ,1BA$0.22
5 Elmer St, Unit 3T5 Elmer StStudio ,1BA$0.23
5 Elmer St, Unit 9-35 Elmer StStudio ,1BA$0.23
368 Broadway, Unit 2R368 BroadwayStudio ,1BA$0.23
375 Prospect St, Unit 1375 Prospect StStudio ,1BA$0.23
204 Banks St, Unit #218-7204 Banks StStudio ,1BA$0.23
11 Columbus Ave, Unit 111 Columbus Ave1BR,1BA$0.23
220 Prospect St, Unit 1220 Prospect St1BR,1BA$0.24
2 Ware St, Unit 1052 Ware St1BR,1BA$0.24
2 Ware St, Unit 1052 Ware St1BR,1BA$0.24

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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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
Central Square, Cambridge, MA

Ranked #19

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 Cheap Central Square Apartments

What is a cheap apartment in Central Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Square is under $2,050.

What is the price of a cheap apartment in Central Square?

The cheapest apartment in Central Square is Cambridge Ivy Inn which is listed at $1,600, while the average apartment in Central Square costs $7,142.

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.

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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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