Cheap Homes for Rent in Cambridge, MA from $500 (335 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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property at 110 Lanark Rd

110 Lanark Rd, Unit A

110 Lanark Rd
BostonMA02135

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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property at 110 Lanark Rd

110 Lanark Rd

BostonMA02135

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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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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Cambridge, MA Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MA

Pricing Updated: 12/15/2025

Current apartment rentals in the Cambridge, MA area range in price from $975 to $15,000 with an overall median price of $7,098. The three Cambridge neighborhoods with the lowest median rent pricing are Cambridgepark at $2,098, East Cambridge at $995, and Aggasiz at $2,000. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cambridgepark$5,216$2,098132
East Cambridge$5,500$995615
Aggasiz$6,500$2,000119
North Cambridge$7,200$1,100313
The Port$8,975$2,000230
Harvard University$9,200$975260

Best Value Apartments for Rent in Cambridge, MA

As of December 15, 2025 the best value apartment in the Cambridge 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 Cambridge apartment is the 70 Peterborough St Model at 70 Peterborough St, Unit A starting at $1,750 with a $0.18 price per square foot in the Kendall Square 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.
1120 Commonwealth Ave, Unit A1120 Commonwealth AveStudio ,1BA$0.19
70 Peterborough St, Unit A70 Peterborough StStudio ,1BA$0.18
99 Warren St, Unit 1699 Warren StStudio ,1BA$0.17
114 Perkins St, Unit 5114 Perkins StStudio ,1BA$0.18
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
31 Seattle St, Unit B31 Seattle St1BR,1BA$0.18
20 Chester St, Unit #1A20 Chester StStudio ,1BA$0.17
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,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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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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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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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 11958 Apartments for Rent in Cambridge, MA with pricing that ranges from $375 to $21,050. There are also 6682 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $575 to $45,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cambridge ranges from $575 to $45,000 with an average monthly rent of $10,174.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cambridge range from $900 to $14,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $45,000. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $1,200.

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.