
Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, MA from $900 (45 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Medford area of Medford.


Room in Shared 4 bed/1.5 bath home

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 bath home

Room in Shared 4 bed/1.5 bath home

Room in Shared 5 bed/2 bath home

Room in Shared 5 bed/2 bath home
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.

64 Willow Ave

Room in Shared 6 bed/1.5 bath home

15 Walker St

9 Woodland Ave

196 Spring St

81 Fellsway W, Unit 1

15 Piggott Rd

35 Fellsway W, Unit 1

53 Fellsway W
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.

51 Trull St, Unit 1

53 Fellsway W

385 Massachusetts Ave

385 Massachusetts Ave

310 Massachusetts Ave, Unit 11

38 Park St

25 Brooks Park
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.

6 Harris Cir

15 Chester St

15 Chester St

15 Chester St

15 Chester St
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.

339 Massachusetts Ave, Unit 10

15 Allen St, Unit 8

80 Fawcett St

80 Fawcett St

80 Fawcett St

86 Maple St, Unit 4

456 Medford St

8 Allen St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $3,092 | $2,200 | $4,995 |
| Downtown Medford 3 Bedroom Homes for Rent | $3,883 | $2,500 | $6,800 |
| Downtown Medford 4 Bedroom Homes for Rent | $4,728 | $900 | $8,000 |
| Downtown Medford 5 Bedroom Homes for Rent | $5,806 | $1,200 | $8,000 |
| Downtown Medford 6 Bedroom Homes for Rent | $7,713 | $1,075 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 45 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Medford, MA
As of December 25, 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 |
| 5 Blake St, Unit 3 | 5 Blake St | Studio ,1BA | $0.24 |
| 5 Chester St, Unit 15-33 | 5 Chester St | Studio ,1BA | $0.23 |
| 325 Highland Ave, Unit T14 | 325 Highland Ave | 1BR,1BA | $0.24 |
| 15 Blake St, Unit #8 | 15 Blake St | Studio ,1BA | $0.24 |
| 77 Gordon St, Unit #1 | 77 Gordon St | 2BR,2BA | $0.23 |
| 196 Central St, Unit 1C | 196 Central St | Studio ,1BA | $0.22 |
| 68 Waterhouse St, Unit 2 | 68 Waterhouse St | Studio ,1BA | $0.22 |
| 460 Highland Ave, Unit #1 | 460 Highland Ave | 1BR,1BA | $0.24 |
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 ArticleThe 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.
Read ArticleCash 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.
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 1275 Apartments for Rent in Downtown Medford, MA with pricing that ranges from $1,150 to $15,000. There are also 829 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Medford ranging from $900 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 $900 to $15,000 with an average monthly rent of $4,307.
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 $7,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $6,800. Four Bedroom Single-Family rentals are also available starting from $900 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.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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






