Cheap Homes for Rent in the Downtown Medford Neighborhood of Medford, MA from $875 (55 Rentals)

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

property at 74 Sharon St

$870

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$870
Total Monthly Price
$870

1 Bedroom, 2.5 Bath Townhome for Rent

Available Now

74 Sharon St

MedfordMA02155
property at 21 Royall St

$1,100 - $3,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100 - $3,150
Total Monthly Price
$1,100 - $3,150

1 To 3 Bedroom Townhomes for Rent

Available Sep 1

21 Royall St

MedfordMA02155
property at 6 Hill St

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

5 Bedroom, 2 Bath Condo for Rent

Available Aug 30

6 Hill St, Unit 6bHillSt

6 Hill St
SomervilleMA02144
property at 95 Governors Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

95 Governors Ave

MedfordMA02155

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

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property at 3 Snow Ter

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

3 Snow Ter

SomervilleMA02145

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.

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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.

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property at 315 Boston Ave

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

315 Boston Ave, Unit 1

315 Boston Ave
MedfordMA02155
property at 333 Medford St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

333 Medford St

MaldenMA02148
property at 134 Summer St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

134 Summer St

MaldenMA02148

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.

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property at 1 Glenwood St

$2,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150
Total Monthly Price
$2,150

1 Bedroom, 1 Bath Condo for Rent

Available Oct 1

1 Glenwood St, Unit 2

1 Glenwood St
MaldenMA02148
property at 45 Rice St

$2,195

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,195
Total Monthly Price
$2,195

2 Bedroom, 1 Bath Townhome for Rent

Available Now

45 Rice St

CambridgeMA02140

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.

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Showing Results 1-50, Page 1 of 2

Downtown Medford, Medford, MA Local Guide

Best Value Apartments for Rent in Downtown Medford, MA

As of August 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
22 Murdock St, Unit 222 Murdock St2BR,1BA$0.29
28 Hinckley St, Unit 1R28 Hinckley StStudio ,1BA$0.22
567 Main St, Unit 1R567 Main St3BR,1BA$0.33
65 Wareham St, Unit 2R65 Wareham St3BR,1BA$0.35
124 Forest St, Unit 3R124 Forest St3BR,1BA$0.26
540 Main St, Unit 2B540 Main St2BR,1BA$0.28
197 Clifton St, Unit Clifton197 Clifton St1BR,1BA$0.23
541 Broadway, Unit R3541 Broadway2BR,1BA$0.27
118 Clay St, Unit 2118 Clay St2BR,1BA$0.30
19 Ashland St19 Ashland St3BR,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.

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Real 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.

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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 #1

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 938 Apartments for Rent in Downtown Medford, MA with pricing that ranges from $650 to $16,285. There are also 667 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $870 to $8,750.

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 $870 to $8,750 with an average monthly rent of $3,901.

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 $975 to $6,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,130 and Four Bedroom Apartments start at $650.

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.

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