Cheap Homes for Rent in Gloucester, MA from $2,400 (13 Rentals)

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

property at 40 Millett St

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

40 Millett St, Unit Apt 1

40 Millett St
GloucesterMA01930
property at 11 Rockport Rd

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

3 Bedroom, 1 Bath Home for Rent

Available Now

11 Rockport Rd

GloucesterMA01930
property at 20 Beacon St

$2,700 - $3,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

2 To 4 Bedroom Rentals

Available Now

20 Beacon St

GloucesterMA01930
property at 196 Main St

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

3 Bedroom, 1 Bath Townhome for Rent

Available Now

196 Main St

RockportMA01966

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property at 32 Mount Pleasant St

$3,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

4 Bedroom, 2 Bath Condo for Rent

Available Now

32 Mount Pleasant St, Unit 2

32 Mount Pleasant St
RockportMA01966
property at 156R Eastern Ave

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

156R Eastern Ave

EssexMA01929
property at 5 Pirates Ln

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

2 Bedroom Rentals

Available Now

5 Pirates Ln

GloucesterMA01930
property at 58 Eastern Point Rd

$3,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$3,050

Total Monthly Price
$3,050

3 Bedroom, 2 Bath Home for Rent

Available Now

58 Eastern Point Rd

GloucesterMA01930
property at 12 Morse Ct

$3,100

Total Monthly Price

Total Monthly Price

Base Rent
$3,100

Total Monthly Price
$3,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

12 Morse Ct

Manchester by the SeaMA01944
property at 278 Cabot St

$3,100

Total Monthly Price

Total Monthly Price

Base Rent
$3,100

Total Monthly Price
$3,100

3 Bedroom, 1 Bath Condo for Rent

Available Sep 1

278 Cabot St

BeverlyMA01915

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property at 3 Circle St

$3,300

Total Monthly Price

Total Monthly Price

Base Rent
$3,300

Total Monthly Price
$3,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3 Circle St

MarbleheadMA01945

Gloucester, MA Local Guide

Cheapest Available Gloucester Apartments for Rent

 

The cheapest available apartment rental in Gloucester, MA is a 2 Beds unit found at Central Grammar in the West Gloucester neighborhood priced from $1,935. The Heights At Cape Ann in the West Gloucester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here is today’s list of the most affordable Gloucester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Central Grammar2 bed / 1 bath2BR,1BA$1,935
The Heights At Cape Ann1 Bedroom1BR,1BA$1,995
HalyardB2B2BR,2BA$3,115

Best Value Apartments for Rent in Gloucester, MA

As of May 27, 2026 the best value apartment in the Gloucester area is the $2.08 price per square foot 106 Granite St Model at 106 Granite St, Unit 3 in the in the Outer North Shore neighborhood starting from $2,500. The second greatest value Gloucester apartment is the 2 bed / 1 bath Model at Central Grammar starting at $1,935 with a $1.88 price per square foot in the West Gloucester neighborhood. Here is today’s list of the best values for Gloucester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
106 Granite St, Unit 3106 Granite St2BR,1BA$2.08
Central Grammar2 bed / 1 bath2BR,1BA$1.88
41 School St, Unit 141 School St3BR,1BA$3.00
HalyardB2D2BR,2BA$3.21
The Heights At Cape Ann1 Bedroom1BR,1BA$3.07

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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

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Frequently Asked Questions about Gloucester

What type of rentals are currently available in Gloucester?

There are currently 92 Apartments for Rent in Gloucester, MA with pricing that ranges from $1,935 to $4,783. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gloucester ranging from $2,400 to $35,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gloucester ranges from $2,400 to $35,000 with an average monthly rent of $7,601.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gloucester range from $2,845 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $24,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,700.

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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