
Cheap Apartments for Rent in Leicester, MA from $900 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Leicester.


117 Towtaid St

1 Angell Terrace

62 Lakewood St

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Colton Apartments

Eastview Apartments

Julia Bancroft - 62+ Senior Apartments

Bancroft On The Grid

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Jefferson Mills

Stratton Hill Park Apartments
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.

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The 6Hundred

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Wexford Village

74 Lakewood St

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Edge Worcester

Junction Shop Lofts

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Ledgewood Court Apartments

Arrowpoint at Mill Street

175 James St

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The Revington

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145 Front at City Square
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.

546.5 Chandler St

5 Arbor Vitae St

11 Hulbert Rd

The Cove

The Kiln

Royal Worcester Apartments

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Highland West

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Spencer Heights

Sutton Estates

Green Hill Park Apartments Worcester
Cash 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.

20 Eden St

54 Leicester St

Audubon Plantation Ridge

Plantation Towers

TOPOGRAPH

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Aria on the Row

120 Mill St

The Fairways

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Spark Millbury

Courthouse Lofts
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.

1442 Main St

Reservoir Place

Sudbury Street Lofts

17 A Peacedale Ave

33 Hermon

Henry Terrace

Kelley Square Lofts

8 Burton Ct

23 Firglade St, Unit 3

44 Fairfax Rd
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley
Leicester, MA Local Guide

How much does it cost to rent an apartment in Leicester?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Leicester Studio Apartments | $1,835 | $1,200 | $4,795 |
| Cheap Leicester 1 Bedroom Apartments | $2,266 | $1,000 | $3,045 |
| Cheap Leicester 2 Bedroom Apartments | $2,718 | $1,646 | $4,400 |
| Cheap Leicester 3 Bedroom Apartments | $3,084 | $2,000 | $3,779 |
| Cheap Leicester 4 Bedroom Apartments | $3,031 | $2,650 | $3,580 |
Browse Top Apartments in Leicester
See all Apartments in LeicesterExplore Leicester
Leicester, MA Local Guide
- Nearby Cities
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Cheapest Available Leicester Apartments for Rent
 The cheapest available apartment rental in Leicester, MA is a Studio unit found at Colton Apartments in the West Tatnuck neighborhood priced from $1,200. Julia Bancroft - 62+ Senior Apartments in the Hadwen Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,265. Here is today’s list of the most affordable Leicester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colton Apartments | 0x1Ac T2 | Studio,1BA | $1,200 |
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio,1BA | $1,265 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,350 |
| Eastview Apartments | 1BR | 1BR,1BA | $1,600 |
| The 6Hundred | 1x1B | 1BR,1BA | $1,626 |
| Wexford Village | The Bradford | Studio,1BA | $1,635 |
| Stratton Hill Park Apartments | 1 Bedroom | 1BR,1BA | $1,725 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| Arrowpoint at Mill Street | 1 Bedroom 1 bath - First Month Free through Aug... | 1BR,1BA | $1,795 |
| 145 Front at City Square | Studio Floorplans | Studio,1BA | $1,893 |
Best Value Apartments for Rent in Leicester, MA
As of May 27, 2026 the best value apartment in the Leicester area is the $1.89 price per square foot 2 Bed, 2 Bath Model at Plantation Towers in the in the Biotech Park neighborhood starting from $2,070. The second greatest value Leicester apartment is the Three Bedroom Model at 20 Eden St starting at $2,000 with a $1.84 price per square foot in the West Tatnuck neighborhood. Here is today’s list of the best values for Leicester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Plantation Towers | 2 Bed, 2 Bath | 2BR,2BA | $1.89 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Cobblestone Village Apartments | 1 Bedroom with Study | 1BR,1BA | $2.36 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| Green Hill Park Apartments Worcester | First Month Free - 2 bed 1 bath Apartment | 2BR,1BA | $2.28 |
| Royal Worcester Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.61 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.33 |
| Eastview Apartments | 1BR | 1BR,1BA | $2.13 |
| Stratton Hill Park Apartments | 1 Bedroom | 1BR,1BA | $2.40 |
| Arrowpoint at Mill Street | 1 Bedroom 1 bath - First Month Free through Aug... | 1BR,1BA | $2.56 |
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.
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 Leicester, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Leicester, MA Rentals by Map
See the most popular apartments and homes in Leicester, MA
Frequently Asked Questions about Cheap Leicester Apartments
What is the Cheapest Studio apartment in Leicester?
Currently the most affordable Cheap Studio Apartment in Leicester is at Julia Bancroft - 62+ Senior Apartments listed at $1,265.
How much is rent for a Cheap One Bedroom Leicester Apartment?
The lowest price for a Cheap One Bedroom Leicester Apartment is $1,360 at Julia Bancroft - 62+ Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Leicester Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leicester is starting from $1,699 at The 6Hundred.
What is the most affordable Leicester Three Bedroom Apartment?
The best deal on a cheap Leicester Three Bedroom Apartment rental is at 20 Eden St and starts from $2,000.
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.
Articles, How-To's, and Tips

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.