Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $800 (85 Rentals)

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

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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

208 Main St

MedfordMA02155
property at 37 Almont St

37 Almont St

MedfordMA02155
property at 136 Bow St

136 Bow St

MedfordMA02155

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

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property at 3 Forest St

3 Forest St

MedfordMA02155
property at 274 Boston

274 Boston

MedfordMA02155
property at 260 Main St

260 Main St

MedfordMA02155
property at 21 Carney St

21 Carney St

MedfordMA02155
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LOCUST STREET
2 Bedroom Apartments

LOCUST STREET

27 Locust StMedford, MA 02155

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 195 Pleasant St

195 Pleasant St

MaldenMA02148
property at 107 Summer St

107 Summer St

MaldenMA02148
property at 4 Forster St

4 Forster St

SomervilleMA02145

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4 Forster St, Unit 1
$1,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850
Studio Apartment Available Jan 1, 2026

4 Forster St, Unit 1

4 Forster StSomerville, MA 02145
Affordability
property at 305 Rindge Ave

305 Rindge Ave

CambridgeMA02140

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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.

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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
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10 Arizona Ter, Unit 4
$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

10 Arizona Ter, Unit 4

10 Arizona TerArlington, MA 02474
Affordability

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

Cheapest Available Downtown Medford Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Chester Street ApartmentsStudio 380sf 0 Bed 1 BathStudio,1BA$2,000
Arlington Gardens Apartments1 Bedroom1BR,1BA$2,000

Best Value Apartments for Rent in Downtown Medford, MA

As of November 24, 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
14 Alberta Ter, Unit 6-314 Alberta Ter2BR,1BA$0.23
14 Alberta Ter, Unit 6-314 Alberta Ter2BR,1BA$0.23
196 Central St, Unit 1C196 Central StStudio ,1BA$0.22
68 Waterhouse St, Unit 268 Waterhouse StStudio ,1BA$0.22
72 Thurston St72 Thurston St1BR,1BA$0.22
72 Thurston St, Unit 272 Thurston St1BR,1BA$0.22
92 Wallace St, Unit 192 Wallace St1BR,1BA$0.08
30 Linden St, Unit 26-130 Linden StStudio ,1BA$0.20

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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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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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 $2,000.

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

The cheapest apartment in Downtown Medford is Arlington Gardens Apartments which is listed at $2,000, while the average apartment in Downtown Medford costs $15,000.

What types of apartments are the cheapest in Downtown Medford?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 61 regular apartments in Downtown Medford that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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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! 

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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.