Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $1,100 (82 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
81 Morton Ave, Unit 2
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Oct 15

81 Morton Ave, Unit 2

81 Morton AveMedford, MA 02155
Furnished
property at 37 Almont St

37 Almont St

MedfordMA02155
property at 208 Main St

208 Main St

MedfordMA02155
property at 14 Cotting St

14 Cotting St

MedfordMA02155
close
View Me
14 Cotting St, Unit 3
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
2 Bedroom Apartment Available Now

14 Cotting St, Unit 3

14 Cotting StMedford, MA 02155
Affordability
  • Smoke Free

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.

close
View Me
LOCUST STREET
2 Bedroom Apartments

LOCUST STREET

27 Locust StMedford, MA 02155
property at 105 Summer St

105 Summer St

MaldenMA02148
close
View Me
7A Taylor St, Unit 3
$1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650
Studio Apartment Available Now

7A Taylor St, Unit 3

7A Taylor StSomerville, MA 02145
Cost Per Sq.Ft.
property at 195 Pleasant St

195 Pleasant St

MaldenMA02148

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 117 Summer St

117 Summer St

MaldenMA02148
property at 68-70-70 Washington St

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.

property at 445 Highland Ave

445 Highland Ave

MaldenMA02148
property at 333 Broadway

333 Broadway

SomervilleMA02145

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.

close
View Me
2 Thorndike St, Unit 4b
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

2 Thorndike St, Unit 4b

2 Thorndike StArlington, MA 02474
Affordability
  • Smoke Free
property at 305 Rindge Ave

305 Rindge Ave

CambridgeMA02140
property at 53 Hinckley St

53 Hinckley St

SomervilleMA02145

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.

close
View Me
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

Downtown Medford, Medford, MA Local Guide

Cheapest Available Downtown Medford Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
16 Nashua St76 Perkins by the room1BR,1BA$1,200

Best Value Apartments for Rent in Downtown Medford, MA

As of October 05, 2025 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 196 Sherman St Model at 196 Sherman St, Unit 2 starting at $2,200 with a $0.22 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 ListingModel NameBed/BathPrice Per Sq.Ft.
27 Cameron Ave, Unit 1B27 Cameron AveStudio ,1BA$0.22
196 Sherman St, Unit 2196 Sherman StStudio ,1BA$0.22
5 Chester St, Unit 15-275 Chester StStudio ,1BA$0.23
15 Blake St, Unit #815 Blake StStudio ,1BA$0.24
196 Central St, Unit 1C196 Central StStudio ,1BA$0.22
68 Waterhouse St, Unit 268 Waterhouse StStudio ,1BA$0.22
19 Ashland St, Unit D319 Ashland StStudio ,1BA$0.22
7A Taylor St, Unit 37A Taylor StStudio ,1BA$0.17
7A Taylor St, Unit 37A Taylor StStudio ,1BA$0.17
124 Grant Ave, Unit 3124 Grant Ave1BR,1BA$0.24

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

Getting Around the Downtown Medford Neighborhood in Medford, MA

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

48 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Medford Apartments

What is a cheap apartment in Downtown Medford?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Medford is under $1,200.

What is the price of a cheap apartment in Downtown Medford?

The cheapest apartment in Downtown Medford is 16 Nashua St which is listed at $1,200, while the average apartment in Downtown Medford costs $15,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.