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$2,000
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1 Bedroom Apartments Available Now474 Putnam Ave
474 Putnam AveCambridge, MA 02139
Cheap Homes for Rent in MIT Neighborhood of Cambridge, MA from $2,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the MIT area of Cambridge.
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$2,415
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1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,040
Required Monthly Fees
$375
Total Monthly Price
$2,415
240 Sidney St
240 Sidney StCambridge, MA 02139
100 Magazine St, Unit 2
100 Magazine St
CambridgeMA02139
20 Chestnut St
CambridgeMA02139
240 Sidney St
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.
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$3,060
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1 Bedroom Apartments Available Sep 1524 Putnam Ave
524 Putnam AveCambridge, MA 02139
121 Auburn St, Unit 2
121 Auburn St
CambridgeMA02139
68 Allston St, Unit 1
68 Allston St
CambridgeMA02139
95 Allston St
CambridgeMA02139
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$3,300
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2 Bedroom Apartments Available Feb 1274 Brookline St
274 Brookline StCambridge, MA 02139
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.
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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 | $3,548 | $3,295 | $4,000 |
| MIT 3 Bedroom Homes for Rent | $5,191 | $4,200 | $7,800 |
| MIT 4 Bedroom Homes for Rent | $4,900 | $4,100 | $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 10 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 2 Beds unit found at Pacific Street Apartments priced from $3,143. The Residences of University Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,277. Here are the most affordable MIT apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pacific Street Apartments | 2 bedroom, 1 bath | 2BR,1BA | $3,143 |
| The Residences of University Park | 91 Sidney - 1A Renovation 2 | 1BR,1BA | $3,277 |
| Chroma | Indigo | 1BR,1BA | $3,377 |
Best Value Apartments for Rent in MIT, MA
As of January 27, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 23 Kelly Rd, Unit 1 | 23 Kelly Rd | 2BR,1BA | $0.30 |
| 23 Kelly Rd, Unit 1 | 23 Kelly Rd | 3BR,1BA | $0.35 |
| 23 Kelly Rd, Unit 1 | 23 Kelly Rd | 3BR,1.5BA | $0.35 |
| 6 Watson St, Unit #2R | 6 Watson St | 2BR,1BA | $0.27 |
| 95 Allston St, Unit 2 | 95 Allston St | 2BR,1BA | $0.33 |
| 6 Chestnut St | 6 Chestnut St | 2BR,2BA | $1.81 |
| 197 Sidney St, Unit 1 | 197 Sidney St | 3BR,2BA | $3.33 |
| 279 Pearl St, Unit 2L | 279 Pearl St | 3BR,1BA | $3.31 |
| 28 Speridakis Ter, Unit 3 | 28 Speridakis Ter | 4BR,1BA | $1.09 |
| 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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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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Pet Friendly LifestyleMit, Cambridge, MA
Ranked #7
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 $1,200 to $6,300. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in MIT ranging from $2,500 to $7,800.
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 $2,500 to $7,800 with an average monthly rent of $3,866.
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 $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,200 to $7,800. Four Bedroom Single-Family rentals are also available starting from $4,100 and Four Bedroom Apartments start at $1,200.
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.
Helpful Local Expert Guides
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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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.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
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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.
Articles, How-To's, and Tips
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.