
Cheap Homes for Rent in Gloucester, MA from $2,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Gloucester.


40 Millett St, Unit Apt 1

11 Rockport Rd
20 Beacon St

23 Mt Vernon St

196 Main St
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

32 Mount Pleasant St, Unit 2

156R Eastern Ave

5 Pirates Ln

58 Eastern Point Rd

12 Morse Ct

278 Cabot St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3 Circle St
Gloucester, MA Local Guide

How much does it cost to rent a home in Gloucester?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Gloucester 2 Bedroom Homes for Rent | $4,385 | $2,700 | $8,500 |
| Gloucester 3 Bedroom Homes for Rent | $5,375 | $2,400 | $10,000+ |
| Gloucester 4 Bedroom Homes for Rent | $5,750 | $3,000 | $8,650 |
| Gloucester 5 Bedroom Homes for Rent | $18,100 | $4,800 | $10,000+ |
| Gloucester 6 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Top Homes for Rent in Gloucester
Explore Gloucester
Gloucester, MA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1,935 |
| The Heights At Cape Ann | 1 Bedroom | 1BR,1BA | $1,995 |
| Halyard | B2B | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 106 Granite St, Unit 3 | 106 Granite St | 2BR,1BA | $2.08 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1.88 |
| 41 School St, Unit 1 | 41 School St | 3BR,1BA | $3.00 |
| Halyard | B2D | 2BR,2BA | $3.21 |
| The Heights At Cape Ann | 1 Bedroom | 1BR,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.
Read ArticleDon'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.
Read ArticleTop 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
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Gloucester, MA
Ralph B O'Maley Innovation Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gloucester, MA Rentals by Map
See the most popular apartments and homes in Gloucester, MA
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
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Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
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Explore Like a Local: The Insider's Guide to Boston
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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.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.