
Cheap Homes for Rent in Leicester, MA from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Leicester.


130 Vernon St

7 Roys Dr

176 Maple Ave

34 Mechanic St, Unit 1

148 Ingleside Ave
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.

5 Town Beach Rd, Unit 23

18 Plantation St

44 Fairfax Rd

330 Sunderland Rd

23 Firglade St, Unit 3, Unit 3

44 Elm St
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.
Leicester, MA Local Guide

How much does it cost to rent a home in Leicester?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Leicester 2 Bedroom Homes for Rent | $2,164 | $1,600 | $3,200 |
| Leicester 3 Bedroom Homes for Rent | $2,600 | $1,950 | $3,250 |
| Leicester 4 Bedroom Homes for Rent | $3,731 | $2,700 | $4,900 |
| Leicester 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Leicester
Explore Leicester
Leicester, MA Local Guide
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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 | 0x1AcT3 | Studio,1BA | $1,200 |
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio,1BA | $1,265 |
| Bancroft On The Grid | WS200 | Studio,1BA | $1,350 |
| Wexford Village | The Bradford | Studio,1BA | $1,625 |
| Edge Worcester | 16 | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Leicester, MA
As of April 15, 2026 the best value apartment in the Leicester area is the $1.61 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $2,900. The second greatest value Leicester apartment is the 1 Bedroom with Study Model at Cobblestone Village Apartments starting at $2,550 with a $2.36 price per square foot in the Quinsigamond Village 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. |
|---|---|---|---|
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2.5BA | $1.61 |
| Cobblestone Village Apartments | 1 Bedroom with Study | 1BR,1BA | $2.36 |
| Highland West | Auburn | 1BR,1BA | $2.00 |
| 15 Henderson Ave, Unit 1 | 15 Henderson Ave | 2BR,1BA | $1.70 |
| Coes Pond Village (A 55+ Community) | Two Bedroom HP | 2BR,1BA | $1.86 |
| Green Hill Park Apartments Worcester | The Emerald Updated | 2BR,1BA | $2.12 |
| Plantation Towers | 1 Bed, 1 Bath | 1BR,1BA | $2.32 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.27 |
| 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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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 Leicester
What type of rentals are currently available in Leicester?
There are currently 85 Apartments for Rent in Leicester, MA with pricing that ranges from $1,000 to $4,546. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leicester ranging from $1,300 to $4,900.
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 $1,300 to $4,900 with an average monthly rent of $2,722.
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 $1,850 to $4,218, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $3,245.
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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.