
Cheap Apartments for Rent in the Downtown Medford Neighborhood of Medford, MA from $900 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Medford area of Medford.


Total Monthly Price
81 Morton Ave, Unit 2

53 Fellsway W, Unit 22A

53 Fellsway W, Unit 14

63 Fellsway W, Unit 12A

63 Fellsway W, Unit 14

63 Fellsway W, Unit 6

53 Fellsway W, Unit 21

63 Fellsway W, Unit 3

53 Fellsway W, Unit 4
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Total Monthly Price
45 Fells Ave

10 Brooks Park

12 Brooks Park

LOCUST STREET

29 Gale St

13 Harnden Rd

18 Beltran St

Total Monthly Price
15 Russell Rd, Unit 2

Total Monthly Price
53 Rindge Ave, Unit 53 Rindge - 3S

Total Monthly Price
47 Rice St, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
90 Chandler St, Unit 2

Total Monthly Price
90 Chandler St, Unit 1

135 Clifton St

Total Monthly Price
21 Elm St, Unit A1

Total Monthly Price
347 Pleasant St

349 Pleasant St, Unit A1-26

349 Pleasant St, Unit A1-19

349 Pleasant St, Unit A1-18

Total Monthly Price
67 Washington St, Unit 102

Total Monthly Price
22 Saint Mary St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
12 Russell St, Unit A2-4

349 Pleasant St, Unit A1-21

17-19 Washington St., Unit 206

Total Monthly Price
171 Washington St

17-19 Washington St., Unit 412

Total Monthly Price
45 Florence St

Total Monthly Price
64 Maple St, Unit 5

Total Monthly Price
85 Maple St, Unit 5

349 Pleasant St, Unit C-26

349 Pleasant St, Unit C-11
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

349 Pleasant St, Unit B3-6

349 Pleasant St, Unit B3-1

90 Maple St, Unit 1

Total Monthly Price
40 Alfred Rd, Unit g

Total Monthly Price
396 Pleasant St, Unit A2-4

Total Monthly Price
73 Cameron Ave, Unit 1

2534 Massachusetts Ave

Park Place Apartments

101-109 Summer Street

109 Oxford St
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.
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 | $2,612 | $1,600 | $4,470 |
| Downtown Medford 1 Bedroom Apartments | $3,146 | $1,150 | $10,000+ |
| Downtown Medford 2 Bedroom Apartments | $3,760 | $1,200 | $10,000+ |
| Downtown Medford 3 Bedroom Apartments | $3,859 | $975 | $10,000+ |
| Downtown Medford 4 Bedroom Apartments | $4,585 | $900 | $10,000+ |
| Downtown Medford 5 Bedroom Apartments | $5,906 | $3,950 | $9,000 |
| Downtown Medford 6 Bedroom Apartments | $7,210 | $4,200 | $9,100 |
Browse Apartments in this Neighborhood
There are currently 52 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Medford, MA
As of July 23, 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 28 Hinckley St Model at 28 Hinckley St, Unit 1R 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 22 Murdock St, Unit 2 | 22 Murdock St | 2BR,1BA | $0.29 |
| 28 Hinckley St, Unit 1R | 28 Hinckley St | Studio ,1BA | $0.22 |
| 65 Wareham St, Unit 2 | 65 Wareham St | 3BR,1BA | $0.35 |
| 83 Yorktown St, Unit #1 | 83 Yorktown St | 2BR,1BA | $0.34 |
| 6 Hinckley St, Unit 3 | 6 Hinckley St | 2BR,1BA | $0.32 |
| 124 Forest St, Unit 3R | 124 Forest St | 3BR,1BA | $0.26 |
| 55 Bristol Rd, Unit 1 | 55 Bristol Rd | 3BR,1BA | $0.37 |
| 10 Pinkham Rd, Unit 2 | 10 Pinkham Rd | 4BR,1BA | $0.40 |
| 24 Ellington Rd | 24 Ellington Rd | 2BR,1BA | $0.38 |
| 19 Ashland St | 19 Ashland St | 3BR,1BA | $0.36 |
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 #2
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 Arrive Malden listed at $2,389.
How much is rent for a Cheap One Bedroom Downtown Medford Apartment?
The lowest price for a Cheap One Bedroom Downtown Medford Apartment is $2,170 at Towne Estates.
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

What It Really Costs to Live in Boston: A Local Renter's Guide
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.