
Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $800 (203 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.


63 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

53 Fellsway W

53 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W
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

Total Monthly Price
464 Salem St

53 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

63 Fellsway W

63 Fellsway W

53 Fellsway W

53 Fellsway W
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

53 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

63 Fellsway W

63 Fellsway W

53 Fellsway W

Total Monthly Price
45 Fells Ave

53 Fellsway W
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.

63 Fellsway W

63 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

63 Fellsway W

53 Fellsway W

53 Fellsway W
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.

53 Fellsway W

12 Brooks Park

22 Almont St

3 Forest St

260 Main St

5 Boston Ave

LOCUST STREET

Total Monthly Price
29 Bailey Rd, Unit 2

195 Pleasant St

475 Highland Ave
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

How much does it cost to rent an apartment in Downtown Medford?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Medford Studio Apartments | $2,375 | $1,700 | $4,220 |
| Downtown Medford 1 Bedroom Apartments | $2,861 | $1,300 | $10,000+ |
| Downtown Medford 2 Bedroom Apartments | $3,411 | $2,200 | $10,000+ |
| Downtown Medford 3 Bedroom Apartments | $3,922 | $850 | $8,800 |
| Downtown Medford 4 Bedroom Apartments | $4,846 | $2,900 | $10,000+ |
| Downtown Medford 5 Bedroom Apartments | $5,935 | $3,500 | $7,995 |
| Downtown Medford 6 Bedroom Apartments | $7,188 | $5,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 203 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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- School Districts
Best Value Apartments for Rent in Downtown Medford, MA
As of March 09, 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 Chester St Model at 5 Chester St starting at $2,300 with a $0.23 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. |
|---|---|---|---|
| 27 Cameron Ave, Unit 1B | 27 Cameron Ave | Studio ,1BA | $0.22 |
| 5 Chester St | 5 Chester St | Studio ,1BA | $0.23 |
| 24 Henderson St, Unit #3 | 24 Henderson St | 2BR,1BA | $0.25 |
| 16 Alberta Ter | 16 Alberta Ter | 2BR,1BA | $0.25 |
| 15 Blake St | 15 Blake St | Studio ,1BA | $0.24 |
| 196 Central St, Unit 1C | 196 Central St | Studio ,1BA | $0.22 |
| 460 Highland Ave, Unit #1 | 460 Highland Ave | 1BR,1BA | $0.24 |
| 90 Wallace St, Unit 2T | 90 Wallace St | 1BR,1BA | $0.25 |
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.09 |
| 28 Hinckley St, Unit 1R | 28 Hinckley St | Studio ,1BA | $0.25 |
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 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 $2,200.
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.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
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.