Cheap Homes for Rent in Chelsea, MA from $1,500 (316 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Chelsea.

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
property at 95 Orange St

95 Orange St

ChelseaMA02150

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 7

Chelsea, MA Local Guide

Cheapest Available Chelsea Apartments for Rent

 

The cheapest available apartment rental in Chelsea, MA is a Studio unit found at Parkwood Apartments in the Ferryway neighborhood priced from $1,700. The Charlestown - Senior Residences 62+ in the Kendall Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here is today’s list of the most affordable Chelsea apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkwood ApartmentsStudio, non-renovatedStudio,1BA$1,700
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
Altitude ApartmentsStudio - UpgradeStudio,1BA$1,715
The AnchorageStudio SpecialStudio,1BA$1,800

Best Value Apartments for Rent in Chelsea, MA

As of June 12, 2025 the best value apartment in the Chelsea area is the $0.21 price per square foot 247 Bennington St Model at 247 Bennington St, Unit 1 in the in the Airport neighborhood starting from $2,130. The second greatest value Chelsea apartment is the 58 S Russell St Model at 58 S Russell St, Unit 2 starting at $2,100 with a $0.21 price per square foot in the Financial District neighborhood. Here is today’s list of the best values for Chelsea apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
247 Bennington St, Unit 1247 Bennington St1BR,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
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
55 Forest Ave, Unit 2R55 Forest Ave1BR,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21
44 S Russell St, Unit S Russell44 S Russell StStudio ,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

Frequently Asked Questions about Chelsea

What type of rentals are currently available in Chelsea?

There are currently 2647 Apartments for Rent in Chelsea, MA with pricing that ranges from $1,000 to $16,500. There are also 1409 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chelsea ranging from $1,500 to $20,000.

What is the current price range for Rental Homes in Chelsea?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chelsea ranges from $1,500 to $20,000 with an average monthly rent of $5,543.

How much are larger Three and Four Bedroom Rentals in Chelsea?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chelsea range from $1,275 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $15,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,200.

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.

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 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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.