
Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, MA from $1,100 (133 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Medford area of Medford.


43 Temple St

Room in Shared 4 bed/1 bath home, Unit C

74 Sharon St

Room in Shared 4 bed/1 bath home, Unit A

Room in Shared 4 bed/1 bath home, Unit D

Room in Shared 5 bed/2 bath home, Unit A

Room in Shared 6 bed/1.5 bath home, Unit A

Room in Shared 4 bed/1.5 bath home, Unit A

Room in Shared 4 bed/1.5 bath home, Unit A
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.

Room in Shared 4 bed/1.5 bath home, Unit D

Room in Shared 4 bed/1 bath home, Unit A

Room in Shared 4 bed/1 bath home, Unit C

15 Hadley Pl

Room in Shared 6 bed/1.5 bath home, Unit F

Room in Shared 4 bed/1.5 bath home, Unit C

2592 Massachusetts Ave, Unit Cambridge Condo, Unit Cambridge Condo

23 Princeton St

475 Highland Ave, Unit #1

63 Fellsway W, Unit 14
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, Unit 14

63 Fellsway W, Unit 17

35 Fellsway W

15 Piggott Rd

53 Fellsway W, Unit 22A

53 Fellsway W, Unit 8

349 Pleasant St, Unit B1-14

63 Fellsway W, Unit 8

80 Sharon St

426 Pleasant St
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.

398 Pleasant St

17-19 Washington St., Unit 103

53 Fellsway W, Unit 6

349 Pleasant St, Unit B1-8

17-19 Washington St., Unit 515

349 Pleasant St, Unit A1-26

53 Fellsway W, Unit 4

349 Pleasant St, Unit A1-18

17-19 Washington St., Unit 406

63 Fellsway W, Unit 7
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, Unit 19

349 Pleasant St, Unit A1-19

63 Fellsway W, Unit 20

63 Fellsway W, Unit 12A

53 Fellsway W, Unit 21

63 Fellsway W, Unit 15

385 Massachusetts Ave, Unit 75

63 Fellsway W, Unit 9

53 Fellsway W, Unit 29

63 Fellsway W, Unit 3
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.
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 | $3,331 | $1,950 | $4,850 |
| Downtown Medford 3 Bedroom Homes for Rent | $4,017 | $1,390 | $7,400 |
| Downtown Medford 4 Bedroom Homes for Rent | $4,754 | $1,125 | $7,950 |
| Downtown Medford 5 Bedroom Homes for Rent | $5,596 | $1,260 | $7,900 |
| Downtown Medford 6 Bedroom Homes for Rent | $7,296 | $1,280 | $10,000+ |
| Downtown Medford 7 Bedroom Homes for Rent | $5,300 | $5,300 | $5,300 |
Browse Homes for Rent in this Neighborhood
There are currently 133 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
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Best Value Apartments for Rent in Downtown Medford, MA
As of May 25, 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 509 Medford St Model at 509 Medford St, Unit 2 starting at $2,500 with a $0.25 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 |
| 509 Medford St, Unit 2 | 509 Medford St | 2BR,1BA | $0.25 |
| 456 Salem St | 456 Salem St | 1BR,1BA | $0.20 |
| 134 Elm St, Unit 1 | 134 Elm St | 3BR,2BA | $0.33 |
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 1 Victoria St, Unit #1A | 1 Victoria St | 2BR,1BA | $0.30 |
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 29 Capen St, Unit #2 | 29 Capen St | 2BR,1.5BA | $0.30 |
| 18 Murdock St, Unit #14 - 1.6 | 18 Murdock St | 1BR,1BA | $0.28 |
| 12 Hancock St, Unit #12-14 unit 3 | 12 Hancock St | 1BR,1BA | $0.29 |
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 #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 1245 Apartments for Rent in Downtown Medford, MA with pricing that ranges from $800 to $15,137. There are also 867 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $1,125 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 $1,125 to $15,000 with an average monthly rent of $4,423.
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 $1,175 to $6,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,390 to $7,400. Four Bedroom Single-Family rentals are also available starting from $1,125 and Four Bedroom Apartments start at $800.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.