
Cheap Apartments for Rent in the MIT Neighborhood of Cambridge, MA from $1,800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the MIT area of Cambridge.


524 Putnam Ave

Total Monthly Price
148 Allston St, Unit 1, Unit 1

524 Putnam Ave, Unit 9, Unit 9

524 Putnam Ave, Unit 1

524 Putnam Ave, Unit #1
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524 Putnam Ave, Unit 6

15 Lopez St, Unit A1, Unit A1

Total Monthly Price
514 Putnam Ave, Unit 6, Unit 6

524 Putnam Ave, Unit 12

524 Putnam Ave, Unit #12

121 Auburn St, Unit 2, Unit 2
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Total Monthly Price
Chroma

Total Monthly Price
8 Kelly Rd, Unit 1, Unit 1

151 Erie St

Total Monthly Price
23 Kelly Rd, Unit 1, Unit 1

68 Allston St, Unit 1, Unit 1

Total Monthly Price
68 Allston St, Unit #1, Unit #1
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MIT, Cambridge, MA Local Guide

How much does it cost to rent an apartment in MIT?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| MIT Studio Apartments | $3,116 | $3,116 | $3,116 |
| MIT 1 Bedroom Apartments | $3,681 | $1,800 | $6,007 |
| MIT 2 Bedroom Apartments | $4,668 | $2,750 | $8,764 |
| MIT 3 Bedroom Apartments | $4,610 | $3,500 | $6,000 |
| MIT 4 Bedroom Apartments | $6,300 | $6,300 | $6,300 |
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
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Cheapest Available MIT Apartments for Rent
 The cheapest available apartment rental in the MIT area of Boston, MA is a Studio unit found at Chroma priced from $3,116. Pacific Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,400. Here are the most affordable MIT apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chroma | Teal | Studio,1BA | $3,116 |
| Pacific Street Apartments | 2 bedroom, 1 bath | 2BR,1BA | $3,400 |
| The Residences of University Park | KBL - 1H Renovation 4 | 1BR,1BA | $3,404 |
| Auburn Court | 2 Bed Flat | 2BR,1BA | $3,500 |
Best Value Apartments for Rent in MIT, MA
As of April 27, 2026 the best value apartment in the MIT area is the $0.32 price per square foot 23 Kelly Rd Model at 23 Kelly Rd, Unit 1 in the in the Kendall Square neighborhood starting from $3,200. The second greatest value MIT apartment is the 8 Kelly Rd Model at 8 Kelly Rd, Unit 1 starting at $3,200 with a $0.32 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. |
|---|---|---|---|
| 23 Kelly Rd, Unit 1 | 23 Kelly Rd | 2BR,1BA | $0.32 |
| 8 Kelly Rd, Unit 1 | 8 Kelly Rd | 2BR,1.5BA | $0.32 |
| 6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
| 296 Brookline St, Unit 1 | 296 Brookline St | 3BR,2BA | $3.43 |
| 230 Brookline St | 230 Brookline St | 3BR,2BA | $4.00 |
| 230 Brookline St, Unit 1 | 230 Brookline St | 3BR,2BA | $4.09 |
| 157 Hamilton St, Unit 2 | 157 Hamilton St | 1BR,1BA | $2.25 |
| Pacific Street Apartments | 2 bedroom, 1 bath | 2BR,1BA | $3.74 |
| 274 Brookline St | 274 Brookline St | 2BR,1BA | $4.13 |
| 146 Allston St | 146 Allston St | 1BR,1BA | $2.57 |
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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleQuick 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.
Pet Friendly LifestyleMit, Cambridge, MA
Ranked #8
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap MIT Apartments
What is the price of a cheap apartment in MIT?
The cheapest apartment in MIT is The Residences of University Park which is listed at $3,423, while the average apartment in MIT costs $6,300.
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 4 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 $267 which is $6,033 cheaper than the average rent for all rentals in MIT.
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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