Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $1,000 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.

property at 37 Almont St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

37 Almont St

MedfordMA02155
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464 Salem St, Unit 7
$1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800
1 Bedroom Apartment Available Now

464 Salem St, Unit 7

464 Salem StMedford, MA 02155
Affordability
  • Smoke Free
property at 208 Main St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Home for Rent

Available Now

208 Main St

MedfordMA02155

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.

property at 12 Brooks Park

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Home for Rent

Available Now

12 Brooks Park

MedfordMA02155
property at 3 Forest St

$2,050 - $3,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 To 2 Bedroom Rentals

Available Now

3 Forest St

MedfordMA02155
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LOCUST STREET
2 Bedroom Apartments

LOCUST STREET

27 Locust StMedford, MA 02155
property at 107 Summer St

$1,650 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom Rentals

Available Now

107 Summer St

MaldenMA02148
property at 195 Pleasant St

$1,670

Total Monthly Price

Total Monthly Price

Base Rent
$1,670

Total Monthly Price
$1,670

1 Bedroom, 1 Bath Home for Rent

Available Now

195 Pleasant St

MaldenMA02148

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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4 Forster St, Unit 1
$1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
Studio Apartment Available Feb 1

4 Forster St, Unit 1

4 Forster StSomerville, MA 02145
Affordability
  • Smoke Free
property at 73 West St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

73 West St

MaldenMA02148
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347 Pleasant St, Unit 349-B1-14
$1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800
Studio Apartment Available Jun 1

347 Pleasant St, Unit 349-B1-14

347 Pleasant StMalden, MA 02148
Affordability
property at 4 Forster St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Home for Rent

Available Now

4 Forster St

SomervilleMA02145
property at 117 Summer St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio Rentals

Available Now

117 Summer St

MaldenMA02148

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.

property at 103 Summer St

$1,975 - $2,185

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

1 Bedroom Rentals

Available Now

103 Summer St

MaldenMA02148
property at 20 Stephenson Aman Street

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

20 Stephenson Aman Street

SomervilleMA02144

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
$2,000 - $2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $2,200

Total Monthly Price
$2,000 - $2,200
1 to 2 Bedroom Apartments Available Now

Arlington Gardens Apartments

130 Everett StArlington, MA 02474
Family Friendly
  • Verified
  • Utilities Included
  • Smoke Free
property at 16 Fairfield St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

16 Fairfield St

CambridgeMA02140
property at 185 Lowell St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

185 Lowell St

SomervilleMA02144
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357 Charles St, Unit #1
$2,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050
1 Bedroom Apartment Available Now

357 Charles St, Unit #1

357 Charles StMalden, MA 02148
Affordability
property at 276 Massachusetts Ave

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 Bedroom, 1 Bath Home for Rent

Available Now

276 Massachusetts Ave

ArlingtonMA02474

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
27 Cameron Ave, Unit 1B27 Cameron AveStudio ,1BA$0.22
5 Blake St, Unit 35 Blake StStudio ,1BA$0.24
5 Chester St, Unit 15-335 Chester StStudio ,1BA$0.23
15 Blake St, Unit #815 Blake StStudio ,1BA$0.24
77 Gordon St, Unit #177 Gordon St2BR,2BA$0.23
196 Central St, Unit 1C196 Central StStudio ,1BA$0.22
68 Waterhouse St, Unit 268 Waterhouse StStudio ,1BA$0.22
16 Chester St, Unit 216 Chester StStudio ,1BA$0.22
460 Highland Ave, Unit #1460 Highland Ave1BR,1BA$0.24
75 Pinkert St, Unit 275 Pinkert St3BR,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.

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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle
Downtown Medford, Medford, MA

Ranked #13

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!