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from $1,2004 Bedroom Apartment Available Now
28 Speridakis Ter, Unit Apartment #3
28 Speridakis TerCambridge, MA 02139
Cheap Apartments for Rent in the MIT Neighborhood of Cambridge, MA from $1,200 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the MIT area of Cambridge.
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from $2,2001 Bedroom Apartment Available Now
104 Magazine St, Unit 1
104 Magazine StCambridge, MA 02139
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from $2,4001 Bedroom Apartment Available Sep 1
214 Brookline St, Unit 1
214 Brookline StCambridge, MA 02139
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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from $2,4501 Bedroom Apartment Available Sep 1
50 Magazine St, Unit 1T
50 Magazine StCambridge, MA 02139
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from $2,5501 Bedroom Apartment Available Aug 31
80 Chestnut St, Unit 2
80 Chestnut StCambridge, MA 02139
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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Rent Specials
from $2,580Studio to 3 Bedroom Apartments Available Now
Park 151
151 N First StCambridge, MA 02141
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from $2,7751 Bedroom Apartment Available Aug 1
57 Magazine St, Unit 38
57 Magazine StCambridge, MA 02139
55 Magazine St
CambridgeMA02139
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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from $2,7751 Bedroom Apartment Available Aug 1
57 Magazine St, Unit 55-38
57 Magazine StCambridge, MA 02139
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from $2,7751 Bedroom Apartment Available Aug 1
57 Magazine St, Unit 55-38
57 Magazine StCambridge, MA 02139
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Showing Results 1-18, Page 1 of 1
MIT, Cambridge, MA Local Guide
How much does it cost to rent an apartment in MIT?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| MIT Studio Apartments | $3,589 | $2,580 | $10,000+ |
| MIT 1 Bedroom Apartments | $4,216 | $1,800 | $6,719 |
| MIT 2 Bedroom Apartments | $5,724 | $3,000 | $10,000+ |
| MIT 3 Bedroom Apartments | $4,924 | $2,054 | $8,632 |
| MIT 4 Bedroom Apartments | $3,046 | $1,200 | $7,600 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the MIT Neighborhood of Cambridge, MA.
See all Apartments in CambridgeExplore Cambridge
MIT, Cambridge, MA Local Guide
- Nearby Cambridge neighborhoods
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Cheapest Available MIT Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park 151 | S1 - Studio | Studio,1BA | $2,580 |
| The Bon | Studio A (STA1M) | Studio,1BA | $3,106 |
Best Value Apartments for Rent in MIT, MA
As of June 14, 2025 the best value apartment in the MIT area is the $0.27 price per square foot 3 Watson St Model at 3 Watson St, Unit 2L in the in the Kendall Square neighborhood starting from $2,650. The second greatest value MIT apartment is the 36 Speridakis Ter Model at 36 Speridakis Ter, Unit 1 starting at $4,350 with a $0.44 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for MIT apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3 Watson St, Unit 2L | 3 Watson St | 1BR,1BA | $0.27 |
| 36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $0.44 |
| 8 Kelly Rd, Unit 1 | 8 Kelly Rd | 2BR,1.5BA | $0.32 |
| 5 Watson St, Unit 4-2L | 5 Watson St | 1BR,1BA | $0.25 |
| 5 Watson St, Unit 4-2L | 5 Watson St | 1BR,1BA | $0.25 |
| 146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
| 113 Auburn St, Unit 54 | 113 Auburn St | 1BR,1BA | $0.38 |
| 117 Auburn St, Unit 61A | 117 Auburn St | 1BR,1BA | $0.36 |
| 52 Kelly Rd, Unit 2T | 52 Kelly Rd | 3BR,1BA | $0.43 |
| 52 Kelly Rd, Unit 2A | 52 Kelly Rd | 3BR,1BA | $0.43 |
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 LifestyleMit, Cambridge, MA
Ranked #2
Among neighborhoods in Cambridge, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the MIT Neighborhood in Cambridge, MA
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
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 MIT Apartments
What is a cheap apartment in MIT?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in MIT is under $3,106.
What is the price of a cheap apartment in MIT?
The cheapest apartment in MIT is Church Park which is listed at $3,514, while the average apartment in MIT costs $7,800.
What types of apartments are the cheapest in MIT?
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 107 regular apartments in MIT 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 MIT?
Cheap apartments in MIT have an average cost of $3,325 which is $4,475 cheaper than the average rent for all rentals in MIT.
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.
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.
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.
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.
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.