
Cheap Apartments for Rent in the MIT Neighborhood of Cambridge, MA from $2,600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the MIT area of Cambridge.


126 Pearl St

Total Monthly Price
68 Allston St, Unit 1

Auburn Court

Total Monthly Price
Chroma

55 Magazine St, Unit 29

Total Monthly Price
117 Auburn St
Boston's Best Affordable Neighborhoods
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55 Magazine St, Unit 21

Total Monthly Price
129 Franklin St, Unit SI FL1-ID991

Total Monthly Price
23 Kelly Rd, Unit 1

20 Chestnut St, Unit 405

524 Putnam Ave

298 Brookline St

Pacific Street Apartments
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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 1 Bedroom Apartments | $4,151 | $2,669 | $7,365 |
| MIT 2 Bedroom Apartments | $5,535 | $3,295 | $10,000+ |
| MIT 3 Bedroom Apartments | $4,908 | $4,000 | $7,695 |
| MIT 4 Bedroom Apartments | $6,300 | $6,300 | $6,300 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the MIT Neighborhood of Cambridge, MA.
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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 1 Bed unit found at Chroma priced from $3,449. Auburn Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,500. Here are the most affordable MIT apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chroma | Ebony | 1BR,1BA | $3,449 |
| Auburn Court | 2 Bed Flat | 1BR,1BA | $3,500 |
| Pacific Street Apartments | 2 bedroom, 1 bath | 2BR,1BA | $3,800 |
Best Value Apartments for Rent in MIT, MA
As of July 27, 2026 the best value apartment in the MIT area is the $0.41 price per square foot 23 Kelly Rd Model at 23 Kelly Rd, Unit 1 in the in the Kendall Square neighborhood starting from $4,100. The second greatest value MIT apartment is the 23 Kelly Rd Model at 23 Kelly Rd, Unit 1 starting at $4,500 with a $0.45 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 | 3BR,1.5BA | $0.41 |
| 23 Kelly Rd, Unit 1 | 23 Kelly Rd | 3BR,1BA | $0.45 |
| 37 Brookline St, Unit 12 | 37 Brookline St | 3BR,1.5BA | $0.48 |
| 240 Allston St, Unit 3 | 240 Allston St | 4BR,2BA | $4.40 |
| 66 Pleasant St, Unit 2 | 66 Pleasant St | 3BR,1BA | $3.08 |
| The Residences of University Park | 91 Sidney - 2C Renovation 2 | 2BR,2BA | $4.38 |
| 36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $3.64 |
| 117 Auburn St | 117 Auburn St | 1BR,1BA | $3.55 |
| 19 Speridakis Ter, Unit 19 | 19 Speridakis Ter | 3BR,1BA | $4.32 |
| Pacific Street Apartments | 2 bedroom, 1 bath | 2BR,1BA | $4.18 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 #13
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
How much is rent for a Cheap One Bedroom MIT Apartment?
The lowest price for a Cheap One Bedroom MIT Apartment is $3,449 at Chroma.
What is the most affordable MIT Three Bedroom Apartment?
The best deal on a cheap MIT Three Bedroom Apartment rental is at Auburn Court and starts from $4,700.
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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