
Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $1,000 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.


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2218 Mystic Valley Pky, Unit #2

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14 Bowdoin St, Unit 2

53 Fellsway W

37 Almont St

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45 Fells Ave, Unit 25

53 Fellsway W

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464 Salem St, Unit 7

53 Fellsway W

208 Main 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.

12 Brooks Park

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320 Salem St, Unit 22

3 Forest St

LOCUST STREET

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29 Bailey Rd, Unit 2

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68 Willow Ave, Unit 2A

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420 Medford St, Unit 1

107 Summer St

195 Pleasant St

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22 Saint Mary St, Unit 19
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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21 Elm St, Unit A1

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4 Forster St, Unit 1

73 West St

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85 Maple St, Unit 5

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43 Gale St, Unit 12

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82 Maple St, Unit 6

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347 Pleasant St, Unit 349-B1-14

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67 Washington St, Unit 102

4 Forster St

117 Summer St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

385 Massachusetts Ave

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28 Cedar St, Unit A2-4

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12 Russell St, Unit A2-4

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64 Maple St, Unit 5

170 Maple St

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396 Pleasant St, Unit A2-4

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45 Florence St, Unit 503

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171 Washington St, Unit 316

103 Summer St

20 Stephenson Aman Street
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Arlington Gardens Apartments

15 Chester St

16 Fairfield St

185 Lowell St

276 Massachusetts Ave

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7 Elm St, Unit C-6

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14 Garrison Ave, Unit 4

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21 Cedar St, Unit C-6

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357 Charles St, Unit #1

276 Massachusetts Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Downtown Medford, Medford, MA Local Guide

How much does it cost to rent an apartment in Downtown Medford?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Medford Studio Apartments | $2,552 | $1,750 | $3,600 |
| Downtown Medford 1 Bedroom Apartments | $2,881 | $1,200 | $5,643 |
| Downtown Medford 2 Bedroom Apartments | $3,369 | $2,200 | $9,067 |
| Downtown Medford 3 Bedroom Apartments | $3,828 | $1,000 | $7,751 |
| Downtown Medford 4 Bedroom Apartments | $4,629 | $1,150 | $10,000+ |
| Downtown Medford 5 Bedroom Apartments | $5,735 | $1,200 | $7,995 |
| Downtown Medford 6 Bedroom Apartments | $7,489 | $5,945 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 71 rentals with your search options within a 2 mile radius of the Downtown Medford Neighborhood of Medford, MA.
See all Apartments in MedfordExplore Medford
Downtown Medford, Medford, MA Local Guide
- Nearby Medford neighborhoods
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Best Value Apartments for Rent in Downtown Medford, MA
As of January 16, 2026 the best value apartment in the Downtown Medford area is the $0.22 price per square foot 27 Cameron Ave Model at 27 Cameron Ave, Unit 1B in the in the Harvard Square neighborhood starting from $2,200. The second greatest value Downtown Medford apartment is the 5 Blake St Model at 5 Blake St, Unit 3 starting at $2,400 with a $0.24 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for Downtown Medford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 27 Cameron Ave, Unit 1B | 27 Cameron Ave | Studio ,1BA | $0.22 |
| 5 Blake St, Unit 3 | 5 Blake St | Studio ,1BA | $0.24 |
| 5 Chester St, Unit 15-33 | 5 Chester St | Studio ,1BA | $0.23 |
| 15 Blake St, Unit #8 | 15 Blake St | Studio ,1BA | $0.24 |
| 77 Gordon St, Unit #1 | 77 Gordon St | 2BR,2BA | $0.23 |
| 196 Central St, Unit 1C | 196 Central St | Studio ,1BA | $0.22 |
| 68 Waterhouse St, Unit 2 | 68 Waterhouse St | Studio ,1BA | $0.22 |
| 16 Chester St, Unit 2 | 16 Chester St | Studio ,1BA | $0.22 |
| 460 Highland Ave, Unit #1 | 460 Highland Ave | 1BR,1BA | $0.24 |
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.10 |
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 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.
Pet Friendly LifestyleDowntown Medford, Medford, MA
Ranked #13
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Medford, Medford, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Medford Apartments
What is the Cheapest Studio apartment in Downtown Medford?
Currently the most affordable Cheap Studio Apartment in Downtown Medford is at Chester Street Apartments listed at $2,200.
What is the lowest price for a Cheap Two Bedroom Downtown Medford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Medford is starting from $2,200 at Arlington Gardens Apartments.
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
Written by: Amelia Ramstead
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
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
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
Written by: Amelia Ramstead
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!