
Cheap Apartments for Rent in the Malden Center Neighborhood of Malden, MA from $1,500 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Malden Center area of Malden.


28 Spring St

28 Spring St

28 Spring St

Parkwood Apartments

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21 Elm St, Unit A1

349 Pleasant St, Unit A1-24

349 Pleasant St

Total Monthly Price
67 Washington St, Unit 102

Total Monthly Price
347 Pleasant 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.

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85 Maple St, Unit 5

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57 Linden Ave, Unit 5

17-19 Washington St., Unit 406

349 Pleasant St, Unit A1-18

349 Pleasant St, Unit A1-26

349 Pleasant St, Unit A1-18

17-19 Washington St. 406, Unit 406

349 Pleasant St, Unit A1-26

70 Washington St

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12 Russell St, Unit A2-4
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.

349 Pleasant St, Unit A1-19

349 Pleasant St, Unit A1-19

17-19 Washington St. 116, Unit 116

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396 Pleasant St, Unit A2-4

17-19 Washington St., Unit 412

17-19 Washington St., Unit 116

Total Monthly Price
64 Maple St, Unit 5

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45 Florence St

87R Madison St

Total Monthly Price
87 Madison St, Unit 2R
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.

17-19 Washington St. 309, Unit 309

17-19 Washington St., Unit 309

349 Pleasant St, Unit C-26

349 Pleasant St

349 Pleasant St, Unit B3-1

349 Pleasant St, Unit B3-6

349 Pleasant St, Unit B3-3

349 Pleasant St, Unit B1-16

349 Pleasant St

349 Pleasant St, Unit B1-16
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.

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180 Pleasant St, Unit 349-C-16

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347 Pleasant St, Unit 3

349 Pleasant St, Unit C-11

349 Pleasant St, Unit B3-6

349 Pleasant St, Unit B3-1

349 Pleasant St, Unit B3-3

120 Summer St, Unit 10

120 Summer St, Unit 11

17-19 Washington St. 511, Unit 511

17-19 Washington St., Unit 511
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Malden Center, Malden, MA Local Guide

How much does it cost to rent an apartment in Malden Center?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Malden Center Studio Apartments | $2,420 | $1,700 | $2,953 |
| Malden Center 1 Bedroom Apartments | $2,658 | $1,800 | $3,650 |
| Malden Center 2 Bedroom Apartments | $3,616 | $2,350 | $4,358 |
| Malden Center 3 Bedroom Apartments | $2,949 | $2,600 | $3,500 |
| Malden Center 4 Bedroom Apartments | $3,613 | $3,000 | $3,895 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Malden Center Neighborhood of Malden, MA.
See all Apartments in MaldenExplore Malden
Cheapest Available Malden Center Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Apartments | Studio, non-renovated | Studio,1BA | $1,700 |
| Arrive Malden | Fayette | Studio,1BA | $2,229 |
Best Value Apartments for Rent in Malden Center, MA
As of June 23, 2026 the best value apartment in the Malden Center area is the $1.85 price per square foot 11 Kearney St Model at 11 Kearney St in the in the Ferryway neighborhood starting from $3,895. The second greatest value Malden Center apartment is the 16 Gould Ave Model at 16 Gould Ave, Unit 2 starting at $5,200 with a $2.60 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Malden Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11 Kearney St | 11 Kearney St | 4BR,2BA | $1.85 |
| 16 Gould Ave, Unit 2 | 16 Gould Ave | 5BR,2BA | $2.60 |
| 34 Russell St | 34 Russell St | 4BR,2BA | $2.76 |
| 2 Chester St, Unit 1 | 2 Chester St | 3BR,1BA | $2.81 |
| 225 Highland Ave | 225 Highland Ave | 2BR,1BA | $2.45 |
| Malden Gardens | 1 | 1BR,2BA | $2.96 |
| Malden Towers | One Bedroom | 1BR,1.5BA | $2.98 |
| Pleasant Plaza | One Bedroom | 1BR,1BA | $3.15 |
| 180 Mountain Ave, Unit 14 | 180 Mountain Ave | 1BR,1BA | $3.07 |
| 44 Maple St | 44 Maple St | 1BR,1BA | $3.31 |
Frequently Asked Questions about Cheap Malden Center Apartments
What is a cheap apartment in Malden Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Malden Center is under $2,229.
What is the price of a cheap apartment in Malden Center?
The cheapest apartment in Malden Center is Parkwood Apartments which is listed at $1,850, while the average apartment in Malden Center costs $5,200.
What types of apartments are the cheapest in Malden Center?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Malden Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

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.
Articles, How-To's, and Tips

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.