
Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $800 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.


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104 Bowdoin St, Unit 2

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81 Morton Ave, Unit 2

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456 Salem St

53 Fellsway W, Unit 14

63 Fellsway W, Unit 14

390 Fellsway W

53 Fellsway W, Unit 22A

53 Fellsway W, Unit 8

63 Fellsway W, Unit 8
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 6

53 Fellsway W, Unit 4

63 Fellsway W, Unit 19

63 Fellsway W, Unit 7

63 Fellsway W, Unit 12A

63 Fellsway W, Unit 15

53 Fellsway W, Unit 21

63 Fellsway W, Unit 9

63 Fellsway W, Unit 3

63 Fellsway W, Unit 10
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.

63 Fellsway W, Unit 6

53 Fellsway W, Unit 2

10 Brooks Park

12 Brooks Park

LOCUST STREET

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64 Henderson St

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39 Waterhouse St, Unit 3

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24 Chetwynd Rd, Unit Apt 2

43 Temple St

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26 Ellington Rd
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.

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167 College Ave, Unit 1

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29 Bailey Rd, Unit 2

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90 Chandler St, Unit 1

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79 Harvey St, Unit 1

79 Harvey St

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21 Elm St, Unit A1

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85 Maple St, Unit 5

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347 Pleasant St

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67 Washington St, Unit 102

349 Pleasant St, Unit B1-14
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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282 Summer St, Unit 1

17-19 Washington St., Unit 103

349 Pleasant St, Unit B1-8

17-19 Washington St., Unit 515

349 Pleasant St, Unit A1-26

349 Pleasant St, Unit A1-18

17-19 Washington St., Unit 406

70 Washington St

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12 Russell St, Unit A2-4

349 Pleasant St, Unit A1-19
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.
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 | $2,537 | $1,725 | $4,670 |
| Downtown Medford 1 Bedroom Apartments | $3,034 | $950 | $10,000+ |
| Downtown Medford 2 Bedroom Apartments | $3,659 | $2,200 | $10,000+ |
| Downtown Medford 3 Bedroom Apartments | $3,946 | $950 | $6,850 |
| Downtown Medford 4 Bedroom Apartments | $4,701 | $800 | $10,000+ |
| Downtown Medford 5 Bedroom Apartments | $5,971 | $4,000 | $9,836 |
| Downtown Medford 6 Bedroom Apartments | $7,038 | $950 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 70 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
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Best Value Apartments for Rent in Downtown Medford, MA
As of June 08, 2026 the best value apartment in the Downtown Medford area is the $0.29 price per square foot 22 Murdock St Model at 22 Murdock St, Unit 2 in the in the Harvard Square neighborhood starting from $2,900. The second greatest value Downtown Medford apartment is the 75 Pinkert St Model at 75 Pinkert St, Unit 2 starting at $950 with a $0.10 price per square foot in the Ferryway 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. |
|---|---|---|---|
| 22 Murdock St, Unit 2 | 22 Murdock St | 2BR,1BA | $0.29 |
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.10 |
| 509 Medford St, Unit 2 | 509 Medford St | 2BR,1BA | $0.25 |
| 456 Salem St | 456 Salem St | 1BR,1BA | $0.19 |
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 18 Murdock St, Unit #14 - 1.6 | 18 Murdock St | 1BR,1BA | $0.28 |
| 367 Broadway, Unit 6 | 367 Broadway | 2BR,1BA | $0.26 |
| 12 Hancock St, Unit #12-14 unit 3 | 12 Hancock St | 1BR,1BA | $0.29 |
| 347 Pleasant St, Unit C1-16 | 347 Pleasant St | 1BR,1BA | $0.21 |
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 ArticleReal 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.
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 Davis Building 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 $2,495 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
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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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.