Cheap Apartments for Rent in Charlestown, MA from $700 (173 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Charlestown.

close
View Me
1 Salem St
1 Bedroom Apartments

1 Salem St

1 Salem StCharlestown, MA 02129

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

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.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 4

Charlestown, MA Local Guide

Cheapest Neighborhoods for Apartments in Charlestown, MA

Pricing Updated: 06/13/2025

Current apartment rentals in the Charlestown, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Charlestown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Charlestown Navy Yard$5,200$1,375560
Little Mystic$6,850$1,900527

Cheapest Available Charlestown Apartments for Rent

 

The cheapest available apartment rental in Charlestown, MA is a 1 Bed unit found at Boylston St, 40 in the Financial District neighborhood priced from $1,517. 7INK in the Financial District neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,518. Here is today’s list of the most affordable Charlestown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Boylston St, 401 Bed 1 Bath1BR,1BA$1,517
7INKCambria4BR,2BA$1,518
Cambridge Ivy InnRoom Lodging Style1BR,1BA$1,600
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
Parkwood ApartmentsStudio, non-renovatedStudio,1BA$1,700
The AnchorageStudio SpecialStudio,1BA$1,800

Best Value Apartments for Rent in Charlestown, MA

As of June 13, 2025 the best value apartment in the Charlestown area is the $0.20 price per square foot 58 S Russell St Model at 58 S Russell St, Unit 2 in the in the Financial District neighborhood starting from $2,000. The second greatest value Charlestown apartment is the 48 Harvard St Model at 48 Harvard St, Unit 3 starting at $1,700 with a $0.17 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Charlestown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
48 Harvard St, Unit 348 Harvard St1BR,1BA$0.17
75 Division St, Unit #175 Division St1BR,1BA$0.20
75 Division St, Unit 175 Division St1BR,1BA$0.20
3 Pembroke St, Unit D3 Pembroke St1BR,1BA$0.20
58 Anderson St, Unit 858 Anderson StStudio ,1BA$0.20
58 Anderson St, Unit 258 Anderson StStudio ,1BA$0.20
44 S Russell St, Unit S Russell44 S Russell StStudio ,1BA$0.20
12 Shawmut St, Unit #112 Shawmut St1BR,1BA$0.20
7 Shawmut Ter, Unit #17 Shawmut Ter1BR,1BA$0.20

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Charlestown, MA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Charlestown, MA

View MapCharlestown, MA Apartments MapView MapCharlestown, MA Rental Homes Map

Getting Around Charlestown, MA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

69 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Charlestown Apartments

What is a cheap apartment in Charlestown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Charlestown is under $1,800.

What is the price of a cheap apartment in Charlestown?

The cheapest apartment in Charlestown is Boylston St, 40 which is listed at $1,517, while the average apartment in Charlestown costs $6,025.

What types of apartments are the cheapest in Charlestown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 481 regular apartments in Charlestown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Charlestown?

Cheap apartments in Charlestown have an average cost of $1,113 which is $4,912 cheaper than the average rent for all rentals in Charlestown.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.