Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, MA from $1,000 (300 Rentals)

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

property at 14 Bennett Pl

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

5 Bedroom, 3 Bath Home for Rent

Available May 1

14 Bennett Pl

MedfordMA02155
property at 18 Park Ave

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

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

3 Bedroom, 2 Bath Home for Rent

Available Now

18 Park Ave

MedfordMA02155

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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property at 74 Sharon St

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

5 Bedroom, 2.5 Bath Townhome for Rent

Available May 1

74 Sharon St

MedfordMA02155

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.

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property at 15 Piggott Rd

$1,750

Total Monthly Price

Total Monthly Price

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

Studio, 1 Bath Condo for Rent

Available Now

15 Piggott Rd

MedfordMA02155

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.

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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.

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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.

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Showing Results 1-50, Page 1 of 6

Downtown Medford, Medford, MA Local Guide

Best Value Apartments for Rent in Downtown Medford, MA

As of April 10, 2026 the best value apartment in the Downtown Medford area is the $0.27 price per square foot 5 Blake St Model at 5 Blake St in the in the Kendall Square neighborhood starting from $2,700. The second greatest value Downtown Medford apartment is the 55 Cedar St Model at 55 Cedar St, Unit #3 starting at $2,800 with a $0.28 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.
5 Blake St5 Blake StStudio ,1BA$0.27
55 Cedar St, Unit #355 Cedar St1BR,1BA$0.28
15 Blake St15 Blake StStudio ,1BA$0.24
211 Holland St, Unit #3B211 Holland St1BR,1BA$0.28
190 Holland St, Unit #3A190 Holland St1BR,1BA$0.28
107 College Ave, Unit #22107 College Ave1BR,1BA$0.28
460 Highland Ave, Unit #1460 Highland Ave1BR,1BA$0.24
75 Pinkert St, Unit 275 Pinkert St3BR,2BA$0.09
63 Whitman St, Unit 2T63 Whitman St2BR,1BA$0.26
28 Hinckley St, Unit 1R28 Hinckley StStudio ,1BA$0.24

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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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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 1538 Apartments for Rent in Downtown Medford, MA with pricing that ranges from $850 to $15,000. There are also 1313 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $1,080 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 $1,080 to $15,000 with an average monthly rent of $4,771.

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 $850 to $9,573, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $6,700. Four Bedroom Single-Family rentals are also available starting from $1,080 and Four Bedroom Apartments start at $1,150.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.