
Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $2,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the MIT area of Cambridge.


302 Brookline St

524 Putnam Ave, Unit 9

539 Putnam Ave, Unit 9
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.

120 Auburn St, Unit 13

68 Allston St, Unit 1

68 Allston St, Unit 1

68 Allston St

322 Brookline St, Unit #4
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.

68 Pleasant St
MIT, Cambridge, MA Local Guide

How much does it cost to rent a home in MIT?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
MIT 2 Bedroom Homes for Rent | $3,721 | $3,295 | $4,700 |
MIT 3 Bedroom Homes for Rent | $4,803 | $3,900 | $7,800 |
MIT 4 Bedroom Homes for Rent | $5,350 | $3,900 | $6,600 |
MIT 5 Bedroom Homes for Rent | $7,999 | $7,999 | $7,999 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the MIT Neighborhood of Cambridge, MA.
Explore Cambridge
MIT, Cambridge, MA Local Guide
- Nearby Cambridge neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available MIT Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Auburn Court | 2 Bed Flat | 2BR,1BA | $3,400 |
The Residences of University Park | 100 - 1C | 1BR,1BA | $3,555 |
Best Value Apartments for Rent in MIT, MA
As of June 27, 2025 the best value apartment in the MIT area is the $0.18 price per square foot 146 Allston St Model at 146 Allston St, Unit 3 in the in the Kendall Square neighborhood starting from $1,800. 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. |
---|---|---|---|
146 Allston St, Unit 3 | 146 Allston St | 1BR,1BA | $0.18 |
8 Kelly Rd, Unit 1 | 8 Kelly Rd | 2BR,1.5BA | $0.32 |
113 Auburn St, Unit 54 | 113 Auburn St | 1BR,1BA | $0.38 |
52 Kelly Rd, Unit 2T | 52 Kelly Rd | 3BR,1BA | $0.43 |
52 Kelly Rd, Unit 2A | 52 Kelly Rd | 3BR,1BA | $0.43 |
36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $0.44 |
45 Magazine St, Unit 4B | 45 Magazine St | 3BR,2BA | $0.44 |
230 Brookline St, Unit 1 | 230 Brookline St | 3BR,2BA | $0.48 |
240 Allston St, Unit 1 | 240 Allston St | 4BR,2BA | $0.58 |
6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
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.
Frequently Asked Questions about MIT
What type of rentals are currently available in MIT?
There are currently 145 Apartments for Rent in MIT, MA with pricing that ranges from $1,800 to $29,678. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $2,400 to $7,999.
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 $2,400 to $7,999 with an average monthly rent of $4,946.
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 $3,500 to $8,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,900 to $7,800. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $4,100.
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.