Cheap Homes for Rent in Cambridge, MA from $900 (369 Rentals)

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Search the lowest-cost Homes available for rent right now in Cambridge.

property at 74 Sharon St

$1,075

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

1 Bedroom, 2.5 Bath Townhome for Rent

Available Now

74 Sharon St

MedfordMA02155

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property at 47 Wallingford Rd

$1,180

Total Monthly Price

Total Monthly Price

Base Rent
$1,180

Total Monthly Price
$1,180

9 Bedroom, 2 Bath Condo for Rent

Available Now

47 Wallingford Rd

BostonMA02135

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Cambridge, MA Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MA

Pricing Updated: 08/02/2026

Current apartment rentals in the Cambridge, MA area range in price from $1,150 to $16,521 with an overall median price of $3,631. The three Cambridge neighborhoods with the lowest median rent pricing are Harvard University at $3,300, Aggasiz at $3,400, and Cambridgepark at $3,577. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Harvard University$3,300$1,65093
Aggasiz$3,400$1,71746
Cambridgepark$3,577$1,717171
North Cambridge$3,695$1,15092
The Port$3,727$1,30095
East Cambridge$3,735$1,150343

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, MA is a Studio unit found at 840-846 Massachusetts Ave in the Arlington Center neighborhood priced from $1,200. 18 Benedict St in the Kendall Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
840-846 Massachusetts Ave840 - StudioStudio,1BA$1,200
18 Benedict StShared Bath1BR,1BA$1,250
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700

Best Value Apartments for Rent in Cambridge, MA

As of August 02, 2026 the best value apartment in the Cambridge area is the $0.03 price per square foot 80 Phillips Model at 80 Phillips, Unit 5 in the in the Financial District neighborhood starting from $2,795. The second greatest value Cambridge apartment is the 64 Prince St Model at 64 Prince St, Unit 2 starting at $3,450 with a $0.03 price per square foot in the Financial District 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.
80 Phillips, Unit 580 Phillips2BR,1BA$0.03
64 Prince St, Unit 264 Prince St3BR,1.5BA$0.03
145 Winthrop Rd, Unit 6145 Winthrop Rd1BR,1BA$0.19
108 Washington St, Unit 1108 Washington StStudio ,1BA$0.20
105 Jersey St, Unit 5105 Jersey StStudio ,1BA$0.20
317 Allston St317 Allston StStudio ,1BA$0.20
18 Saint Lukes RdStudioStudio ,1BA$0.18
15 Higgins St15 Higgins St1BR,1BA$0.18
1460 Commonwealth Ave, Unit 31460 Commonwealth Ave1BR,1BA$0.17
22 Highgate St, Unit 122 Highgate StStudio ,2BA$0.15

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Cambridge, MA
Population: 118,977

Ranked #238

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 8742 Apartments for Rent in Cambridge, MA with pricing that ranges from $875 to $25,550. There are also 7566 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $975 to $99,999.

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 $975 to $99,999 with an average monthly rent of $3,735.

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 $875 to $18,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,230 to $35,000. Four Bedroom Single-Family rentals are also available starting from $1,125 and Four Bedroom Apartments start at $900.

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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Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move

Written by: Amelia Ramstead

Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

decorative image for What It Really Costs to Live in Boston: A Local Renter's Guide article

What It Really Costs to Live in Boston: A Local Renter's Guide

Written by: Amelia Ramstead

Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

decorative image for Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities article

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities

Written by: Amelia Ramstead

Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

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Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.