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$2,7501 Bedroom Apartments Available Sep 1
524 Putnam Ave, Unit 1
524 Putnam AveCambridge, MA 02139
Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $2,700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the MIT area of Cambridge.
524 Putnam Ave, Unit 1
524 Putnam Ave
CambridgeMA02139
524 Putnam Ave, Unit 9
524 Putnam Ave
CambridgeMA02139
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$2,9001 Bedroom Apartments Available Sep 1
524 Putnam Ave, Unit #1
524 Putnam AveCambridge, MA 02139
187 Brookline St, Unit 1
187 Brookline St
CambridgeMA02139
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$3,2002 Bedroom Apartments Available Sep 1
187 Brookline St, Unit #1
187 Brookline StCambridge, MA 02139
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.
171 Erie St
CambridgeMA02139
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MIT, Cambridge, MA Local Guide
How much does it cost to rent a home in MIT?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| MIT 2 Bedroom Homes for Rent | $4,320 | $3,100 | $5,700 |
| MIT 3 Bedroom Homes for Rent | $6,220 | $4,100 | $10,000+ |
| MIT 4 Bedroom Homes for Rent | $6,100 | $6,000 | $6,200 |
| MIT 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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
- Nearby Cambridge neighborhoods
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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 524 Putnam Ave priced from $2,600. Chroma has the second lowest priced unit, which is a Studio apartment currently listed from $3,333. Here are the most affordable MIT apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 524 Putnam Ave | C | 1BR,1BA | $2,600 |
| Chroma | Teal | Studio,1BA | $3,333 |
| Auburn Court | 2 Bed Flat | 1BR,1BA | $3,500 |
Best Value Apartments for Rent in MIT, MA
As of June 21, 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 |
| 6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
| 296 Brookline St, Unit 1 | 296 Brookline St | 3BR,2BA | $3.43 |
| 66 Pleasant St, Unit 2 | 66 Pleasant St | 4BR,1BA | $3.08 |
| 36 Speridakis Ter, Unit 1 | 36 Speridakis Ter | 3BR,1BA | $3.64 |
| 117 Auburn St | 117 Auburn St | 1BR,1BA | $3.55 |
| 157 Hamilton St, Unit 2 | 157 Hamilton St | 1BR,1BA | $2.25 |
| 57 Magazine St, Unit 31 | 57 Magazine St | 2BR,1BA | $3.33 |
| 146 Allston St | 146 Allston St | 1BR,1BA | $2.57 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleMit, Cambridge, MA
Ranked #6
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about MIT
What type of rentals are currently available in MIT?
There are currently 85 Apartments for Rent in MIT, MA with pricing that ranges from $1,800 to $7,995. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $2,750 to $10,000.
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 $2,750 to $10,000 with an average monthly rent of $4,903.
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 $3,950 to $7,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,100 to $10,000. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $4,000.
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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The 10 Best Affordable Neighborhoods in Boston, MA
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
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Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.