Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $2,400 (13 Rentals)

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Cheap Homes in the MIT area of Cambridge.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 68 Allston St

68 Allston St, Unit 1

68 Allston St
CambridgeMA02139

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

property at 7 Cottage St

7 Cottage St, Unit 7

7 Cottage St
CambridgeMA02139

MIT, Cambridge, MA Local Guide

Cheapest Available MIT Apartments for Rent

 

The cheapest available apartment rental in the MIT area of Boston, MA is a Studio unit found at Park 151 priced from $2,705. The Overlook at St. Gabriel's has the second lowest priced unit, which is a Studio apartment currently listed from $2,828. Here are the most affordable MIT apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Park 151S1 - StudioStudio,1BA$2,705
The Overlook at St. Gabriel'sStudio - S3Studio,1BA$2,828
The BonStudio A (STA1M)Studio,1BA$3,106
ChromaTurquoiseStudio,1BA$3,110
The IndieEverettStudio,1BA$3,188

Best Value Apartments for Rent in MIT, MA

As of May 05, 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 117 Auburn St Model at 117 Auburn St, Unit 61A starting at $3,600 with a $0.36 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.
146 Allston St, Unit 3146 Allston St1BR,1BA$0.18
117 Auburn St, Unit 61A117 Auburn St1BR,1BA$0.36
36 Speridakis Ter, Unit 136 Speridakis Ter3BR,1BA$0.44
32 Speridakis Ter, Unit 232 Speridakis Ter3BR,1BA$0.45
6 Chestnut St6 Chestnut St2BR,2BA$1.81
155 Brookline St, Unit 15155 Brookline St2BR,1.5BA$2.91
22 Chestnut St, Unit 122 Chestnut St2BR,2.5BA$2.96
28 Speridakis Ter, Unit Apartment #328 Speridakis Ter4BR,1BA$1.06
278 Sidney St, Unit 89278 Sidney St2BR,2BA$3.12
146 Allston St146 Allston St1BR,1BA$2.57

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Frequently Asked Questions about MIT

What type of rentals are currently available in MIT?

There are currently 167 Apartments for Rent in MIT, MA with pricing that ranges from $1,200 to $24,052. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $2,450 to $9,000.

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 $2,450 to $9,000 with an average monthly rent of $5,675.

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 $2,054 to $10,005, 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 $4,800 and Four Bedroom Apartments start at $1,200.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.