Cheap Homes for Rent in Leicester, MA from $1,500 (18 Rentals)

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

property at 17 A Peacedale Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

17 A Peacedale Ave

WorcesterMA01607
property at 24 Jackson St

$1,564

Total Monthly Price

Total Monthly Price

Base Rent
$1,564

Total Monthly Price
$1,564

Studio, 1 Bath Home for Rent

Available Now

24 Jackson St

WorcesterMA01608
property at 23 Firglade St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

23 Firglade St, Unit 3

23 Firglade St
WorcesterMA01602

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.

property at 39 Dartmouth St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

2 Bedroom, 1 Bath Condo for Rent

Available Now

39 Dartmouth St

WorcesterMA01604
property at 14 Caroline St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 1 Bath Home for Rent

Available Now

14 Caroline St

WorcesterMA01604
property at 81 Fairfax Rd

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

3 Bedroom, 1 Bath Condo for Rent

Available Aug 1

81 Fairfax Rd

WorcesterMA01610
property at 52 Plantation St

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 1 Bath Condo for Rent

Available Now

52 Plantation St

WorcesterMA01604

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 54 Leicester St

$2,000

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

54 Leicester St

WorcesterMA01537
property at 80 Salisbury St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

80 Salisbury St

WorcesterMA01609
property at 0 Town House Ct

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

0 Town House Ct

SpencerMA01562
property at 205 Summer St

$2,050 - $3,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 To 2 Bedroom Rentals

Available Aug 1

205 Summer St

WorcesterMA01604
property at 7 Gibbs St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

7 Gibbs St

WorcesterMA01607
property at 4 Fairbanks St

$2,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Home for Rent

Available Now

4 Fairbanks St

WorcesterMA01610

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.

Leicester, MA Local Guide

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 ListingModel NameBed/BathPriced From
Colton Apartments0x1Ac T2Studio,1BA$1,200
Julia Bancroft - 62+ Senior ApartmentsStudioStudio,1BA$1,265
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,300
The 6Hundred1x1G1BR,1BA$1,543
Sutton EstatesDeluxe Studio-TOP FLOORStudio,1BA$1,699

Best Value Apartments for Rent in Leicester, MA

As of July 15, 2026 the best value apartment in the Leicester area is the $1.75 price per square foot 30 Apricot St Model at 30 Apricot St, Unit 1 in the in the West Tatnuck neighborhood starting from $3,500. The second greatest value Leicester apartment is the Townhouse B102 Model at Jefferson Mills starting at $3,200 with a $2.14 price per square foot . 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.
30 Apricot St, Unit 130 Apricot St3BR,1BA$1.75
Jefferson MillsTownhouse B1022BR,2.5BA$2.14
Cobblestone Village Apartments2 Bedroom with Study2BR,2BA$2.04
Plantation Towers2 Bed, 2 Bath WAITLIST2BR,2BA$1.89
20 Eden StThree Bedroom3BR,1BA$1.84
Highland WestAmherst1BR,1BA$2.15
Green Hill Park Apartments WorcesterThe Emerald Updated2BR,1BA$2.28
Ledgewood Court Apartments1 Bed, 1 bath1BR,1BA$2.33
Wexford VillageThe Concord1BR,1BA$2.34
The 6Hundred1x1D1BR,1BA$2.37

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.

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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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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 $1,000 to $4,408. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leicester ranging from $1,500 to $4,895.

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 $1,500 to $4,895 with an average monthly rent of $2,844.

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 $1,995 to $4,408, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,650.

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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.