
Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $800 (118 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.


Total Monthly Price
2218 Mystic Valley Pky, Unit #2, Unit #2

Total Monthly Price
111 Boston Ave, Unit B, Unit B

63 Fellsway W, Unit 14

53 Fellsway W, Unit 14

63 Fellsway W, Unit 17

53 Fellsway W, Unit 22A

53 Fellsway W, Unit 22

63 Fellsway W, Unit 11

53 Fellsway W, Unit 15
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.

53 Fellsway W, Unit 1

63 Fellsway W, Unit 8

53 Fellsway W, Unit 8

Total Monthly Price
464 Salem St

53 Fellsway W, Unit 9

63 Fellsway W, Unit 5

53 Fellsway W, Unit 6

63 Fellsway W, Unit 16

63 Fellsway W, Unit 2

53 Fellsway W, Unit 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.

53 Fellsway W, Unit 7

63 Fellsway W, Unit 7

53 Fellsway W, Unit 21

53 Fellsway W, Unit 11

Total Monthly Price
45 Fells Ave

53 Fellsway W, Unit 12

53 Fellsway W, Unit 20

63 Fellsway W, Unit 20

53 Fellsway W, Unit 16

63 Fellsway W, 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.

63 Fellsway W, Unit 12A

53 Fellsway W, Unit 17

6 Brooks Park

63 Fellsway W, Unit 10

63 Fellsway W, Unit 9

63 Fellsway W, Unit 3

53 Fellsway W, Unit 29

53 Fellsway W, Unit 28

53 Fellsway W, Unit 26

63 Fellsway W, Unit 6
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.

53 Fellsway W, Unit 18

53 Fellsway W, Unit 3

53 Fellsway W, Unit 2

12 Brooks Park

10 Brooks Park

Total Monthly Price
5 Woods Edge Rd, Unit Woods Edge - AtticApartment, Unit Woods Edge - AtticApartment

Total Monthly Price
35 Garfield Ave, Unit 35 Garfield Ave, Unit 35 Garfield Ave

LOCUST STREET

43 Temple St

Total Monthly Price
47 Rice St, Unit 1, Unit 1
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.
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 | $2,431 | $1,700 | $4,700 |
| Downtown Medford 1 Bedroom Apartments | $2,935 | $1,090 | $10,000+ |
| Downtown Medford 2 Bedroom Apartments | $3,528 | $1,820 | $10,000+ |
| Downtown Medford 3 Bedroom Apartments | $3,994 | $850 | $7,653 |
| Downtown Medford 4 Bedroom Apartments | $4,803 | $1,150 | $10,000+ |
| Downtown Medford 5 Bedroom Apartments | $5,950 | $3,500 | $10,000+ |
| Downtown Medford 6 Bedroom Apartments | $7,211 | $5,300 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 118 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 April 24, 2026 the best value apartment in the Downtown Medford area is the $0.27 price per square foot 5 Blake St Model at 5 Blake St in the in the Kendall Square neighborhood starting from $2,700. The second greatest value Downtown Medford apartment is the 55 Cedar St Model at 55 Cedar St, Unit #3 starting at $2,800 with a $0.28 price per square foot in the Harvard 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. |
|---|---|---|---|
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 55 Cedar St, Unit #3 | 55 Cedar St | 1BR,1BA | $0.28 |
| 15 Blake St | 15 Blake St | Studio ,1BA | $0.24 |
| 211 Holland St, Unit #3B | 211 Holland St | 1BR,1BA | $0.28 |
| 190 Holland St, Unit #3A | 190 Holland St | 1BR,1BA | $0.28 |
| 18 Murdock St, Unit #14 - 1.6 | 18 Murdock St | 1BR,1BA | $0.28 |
| 12 Hancock St, Unit #12-14 unit 3 | 12 Hancock St | 1BR,1BA | $0.29 |
| 107 College Ave, Unit #22 | 107 College Ave | 1BR,1BA | $0.28 |
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.09 |
| 32 Cedar St, Unit 3 | 32 Cedar St | 2BR,1BA | $0.28 |
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.
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 $2,100.
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 $2,460 at Towne Estates.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.