
Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, MA from $1,000 (78 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Medford area of Medford.


Room in Shared 4 bed/1 bath home

Room in Shared 6 bed/1.5 bath home

Room in Shared 4 bed/1.5 bath home

Room in Shared 4 bed/1.5 bath home

Room in Shared 4 bed/1 bath home

Room in Shared 4 bed/1.5 bath home
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.

Room in Shared 5 bed/2 bath home

Room in Shared 4 bed/1.5 bath home

68 Willow Ave, Unit 2-1

76 Willow Ave, Unit 2

68 Willow Ave, Unit room

112 Grant Ave

190 North St

64 Willow Ave

77 Rock Glen Rd

77 Rock Glen Rd, Unit 1

6 Boston Ave
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.

53 Fellsway W

170 Maple St

192 Salem St

51 Dartmouth St, Unit X

399 Broadway, Unit 2
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.

86 Maple St, Unit 4

25 Brooks Park

10 Arizona Ter, Unit 4

422 High St, Unit 10

6 Harris Cir

276 Massachusetts Ave

2 Vassar St, Unit Attic

390 Broadway, Unit 2

397 Broadway, Unit #2

333 Great River Rd
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.

5 Chester St, Unit 24

5 Haskell St, Unit 3

215 Massachusetts Ave, Unit 47

14 Cotting St, Unit 3

86 Spring St

5 Chester St, Unit 27

445 Artisan Way
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.

872 Broadway, Unit 302

196 Central St, Unit 1

66 Partridge Ave, Unit 68
Downtown Medford, Medford, MA Local Guide

How much does it cost to rent a home in Downtown Medford?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
Downtown Medford 2 Bedroom Homes for Rent | $3,267 | $2,000 | $6,800 |
Downtown Medford 3 Bedroom Homes for Rent | $3,902 | $2,500 | $7,350 |
Downtown Medford 4 Bedroom Homes for Rent | $4,899 | $1,030 | $10,000+ |
Downtown Medford 5 Bedroom Homes for Rent | $5,658 | $1,130 | $7,995 |
Downtown Medford 6 Bedroom Homes for Rent | $7,840 | $1,000 | $10,000+ |
Downtown Medford 7 Bedroom Homes for Rent | $6,381 | $4,450 | $7,700 |
Browse Homes for Rent in this Neighborhood
There are currently 78 rentals with your search options within a 2 mile radius of the Downtown Medford Neighborhood of Medford, MA.
Explore Medford
Downtown Medford, Medford, MA Local Guide
- Nearby Medford neighborhoods
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- Local Counties
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Cheapest Available Downtown Medford Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
16 Nashua St | 76 Perkins by the room | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Medford, MA
As of September 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
27 Cameron Ave, Unit 1B | 27 Cameron Ave | Studio ,1BA | $0.22 |
196 Sherman St, Unit 2 | 196 Sherman St | Studio ,1BA | $0.22 |
26 Adams St, Unit 3 | 26 Adams St | 2BR,1BA | $0.23 |
28A Cherry St, Unit 1 | 28A Cherry St | 1BR,1BA | $0.23 |
15 Blake St, Unit #8 | 15 Blake St | Studio ,1BA | $0.24 |
1109 Broadway, Unit 2 | 1109 Broadway | 1BR,1BA | $0.24 |
196 Central St, Unit 1C | 196 Central St | Studio ,1BA | $0.22 |
7A Taylor St, Unit 3 | 7A Taylor St | Studio ,1BA | $0.17 |
7A Taylor St, Unit 3 | 7A Taylor St | Studio ,1BA | $0.17 |
7A Taylor St, Unit 3 | 7A Taylor St | Studio ,1BA | $0.17 |
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.
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 Downtown Medford
What type of rentals are currently available in Downtown Medford?
There are currently 1815 Apartments for Rent in Downtown Medford, MA with pricing that ranges from $950 to $15,000. There are also 1135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $1,000 to $15,000.
What is the current price range for Rental Homes in Downtown Medford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Medford ranges from $1,000 to $15,000 with an average monthly rent of $4,606.
How much are larger Three and Four Bedroom Rentals in Downtown Medford?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Medford range from $2,500 to $11,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $7,350. Four Bedroom Single-Family rentals are also available starting from $1,030 and Four Bedroom Apartments start at $1,200.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.