Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $1,900 (8 Rentals)

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

property at 122 Hamilton St

122 Hamilton St

CambridgeMA02139
property at 248 Brookline St

248 Brookline St, Unit 3

248 Brookline St
CambridgeMA02139
property at 524 Putnam Ave

524 Putnam Ave, Unit 9

524 Putnam Ave
CambridgeMA02139
property at 539 Putnam Ave

539 Putnam Ave, Unit 9

539 Putnam Ave
CambridgeMA02139

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.

property at 121 Auburn St

121 Auburn St, Unit 2

121 Auburn St
CambridgeMA02139
property at 2 Chestnut St

2 Chestnut St

CambridgeMA02139

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.

MIT, Cambridge, MA Local Guide

Cheapest Available MIT Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Pacific Street Apartments2 bedroom, 1 bath2BR,1BA$3,143

Best Value Apartments for Rent in MIT, MA

As of October 27, 2025 the best value apartment in the MIT area is the $0.30 price per square foot 23 Kelly Rd Model at 23 Kelly Rd, Unit 1 in the in the Kendall Square neighborhood starting from $3,000. The second greatest value MIT apartment is the 23 Kelly Rd Model at 23 Kelly Rd, Unit 1 starting at $3,500 with a $0.35 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 ListingModel NameBed/BathPrice Per Sq.Ft.
23 Kelly Rd, Unit 123 Kelly Rd2BR,1BA$0.30
23 Kelly Rd, Unit 123 Kelly Rd3BR,1.5BA$0.35
8 Kelly Rd, Unit 18 Kelly Rd2BR,1.5BA$0.32
5 Watson St, Unit 4-2R5 Watson St2BR,1BA$0.22
5 Watson St, Unit 4-2R5 Watson St2BR,1BA$0.22
6 Watson St, Unit #2R6 Watson St2BR,1BA$0.27
68 Pleasant St, Unit 66-368 Pleasant St3BR,1BA$0.44
68 Pleasant St, Unit 66-368 Pleasant St3BR,1BA$0.44
37 Brookline St, Unit 4A37 Brookline St3BR,1BA$0.45
3 Watson St, Unit 2R3 Watson St1BR,1BA$0.25

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Mit, Cambridge, MA

Ranked #4

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about MIT

What type of rentals are currently available in MIT?

There are currently 81 Apartments for Rent in MIT, MA with pricing that ranges from $1,800 to $6,900. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $1,900 to $8,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in MIT ranges from $1,900 to $8,000 with an average monthly rent of $5,411.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in MIT range from $3,000 to $6,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $7,800. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $5,000.

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.

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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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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! 

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

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.