Cheap Homes for Rent in Leicester, MA from $1,600 (11 Rentals)

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

property at 3 Jacobson Dr

3 Jacobson Dr

AuburnMA01501
property at 285 Main St

285 Main St

SpencerMA01562

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.

property at 13 Esther St

13 Esther St

WorcesterMA01607
property at 62 Sterling St

62 Sterling St

WorcesterMA01610
property at 6 Burton Ct

6 Burton Ct

WorcesterMA01607
property at 963 Main St

963 Main St

LeicesterMA01524
property at 18 Shamrock St

18 Shamrock St

WorcesterMA01605
property at 69 Upsala St

69 Upsala St

WorcesterMA01610

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.

property at 60B Upland St

60B Upland St

WorcesterMA01607
property at 172 Perry Ave

172 Perry Ave

WorcesterMA01610

Leicester, MA Local Guide

Cheapest Available Leicester Apartments for Rent

 

The cheapest available apartment rental in Leicester, MA is a Studio unit found at Julia Bancroft - 62+ Senior Apartments in the Hadwen Park neighborhood priced from $1,281. Grid District - 50 Franklin in the West Tatnuck neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Leicester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Julia Bancroft - 62+ Senior ApartmentsStudioStudio,1BA$1,281
Grid District - 50 Franklin0BR/1.0BAStudio,1BA$1,350
Colton Apartments0x1AcT3Studio,1BA$1,365
Ledgewood Court Apartments1 Bed, 1 bath1BR,1BA$1,650
Henry Terrace1 bed1BR,1BA$1,700

Best Value Apartments for Rent in Leicester, MA

As of October 02, 2025 the best value apartment in the Leicester area is the $1.19 price per square foot 3 Bed 2 Bath Model at Junction Shop Lofts in the in the West Tatnuck neighborhood starting from $2,540. The second greatest value Leicester apartment is the 3 Bedroom Townhouse Model at Courthouse Lofts starting at $3,089 with a $1.72 price per square foot in the Elm Park neighborhood. Here is today’s list of the best values for Leicester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Junction Shop Lofts3 Bed 2 Bath3BR,2BA$1.19
Courthouse Lofts3 Bedroom Townhouse3BR,2.5BA$1.72
10 Holstrom Ct, Unit Apt. 210 Holstrom Ct2BR,1BA$1.27
Cobblestone Village Apartments2 Bedroom with Study2BR,2BA$1.95
5 Brookline St, Unit 35 Brookline St2BR,1BA$1.46
24 Eden StThree Bedroom3BR,1BA$1.75
Renew WorcesterAuburn1BR,1BA$2.13
Edge Union Station1BR1BR,1BA$2.20
Plantation Towers1 Bed, 1 Bath1BR,1BA$2.32
Ledgewood Court Apartments1 Bed, 1 bath1BR,1BA$2.20

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

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Frequently Asked Questions about Leicester

What type of rentals are currently available in Leicester?

There are currently 87 Apartments for Rent in Leicester, MA with pricing that ranges from $1,150 to $4,300. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leicester ranging from $1,600 to $4,250.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Leicester ranges from $1,600 to $4,250 with an average monthly rent of $2,792.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Leicester range from $2,100 to $4,015, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,245.

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 Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester article

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.

decorative image for Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide article

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.