Cheap Homes for Rent in Downtown Medford Neighborhood of Medford, MA from $1,000 (78 Rentals)

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

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.

property at 68 Willow Ave

68 Willow Ave, Unit 2-1

68 Willow Ave
SomervilleMA02144
property at 76 Willow Ave

76 Willow Ave, Unit 2

76 Willow Ave
SomervilleMA02144
property at 68 Willow Ave

68 Willow Ave, Unit room

68 Willow Ave
SomervilleMA02144
property at 112 Grant Ave

112 Grant Ave

MedfordMA02155
property at 64 Willow Ave

64 Willow Ave

SomervilleMA02144
property at 77 Rock Glen Rd

77 Rock Glen Rd, Unit 1

77 Rock Glen Rd
MedfordMA02155
property at 6 Boston Ave

6 Boston Ave

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.

property at 192 Salem St

192 Salem St

MedfordMA02155
property at 51 Dartmouth St

51 Dartmouth St, Unit X

51 Dartmouth St
SomervilleMA02145
property at 399 Broadway

399 Broadway, Unit 2

399 Broadway
SomervilleMA02145

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.

property at 86 Maple St

86 Maple St, Unit 4

86 Maple St
MaldenMA02148
property at 10 Arizona Ter

10 Arizona Ter, Unit 4

10 Arizona Ter
ArlingtonMA02474
property at 422 High St

422 High St, Unit 10

422 High St
MedfordMA02155
property at 2 Vassar St

2 Vassar St, Unit Attic

2 Vassar St
MedfordMA02155
property at 390 Broadway

390 Broadway, Unit 2

390 Broadway
SomervilleMA02145
property at 397 Broadway

397 Broadway, Unit #2

397 Broadway
SomervilleMA02145

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.

property at 5 Chester St

5 Chester St, Unit 24

5 Chester St
CambridgeMA02140
property at 5 Haskell St

5 Haskell St, Unit 3

5 Haskell St
CambridgeMA02140
property at 215 Massachusetts Ave

215 Massachusetts Ave, Unit 47

215 Massachusetts Ave
ArlingtonMA02474
property at 14 Cotting St

14 Cotting St, Unit 3

14 Cotting St
MedfordMA02155
property at 5 Chester St

5 Chester St, Unit 27

5 Chester St
CambridgeMA02140

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.

property at 872 Broadway

872 Broadway, Unit 302

872 Broadway
SomervilleMA02144
property at 196 Central St

196 Central St, Unit 1

196 Central St
SomervilleMA02145
property at 66 Partridge Ave

66 Partridge Ave, Unit 68

66 Partridge Ave
SomervilleMA02145

Downtown Medford, Medford, MA Local Guide

Cheapest Available Downtown Medford Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
16 Nashua St76 Perkins by the room1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
27 Cameron Ave, Unit 1B27 Cameron AveStudio ,1BA$0.22
196 Sherman St, Unit 2196 Sherman StStudio ,1BA$0.22
26 Adams St, Unit 326 Adams St2BR,1BA$0.23
28A Cherry St, Unit 128A Cherry St1BR,1BA$0.23
15 Blake St, Unit #815 Blake StStudio ,1BA$0.24
1109 Broadway, Unit 21109 Broadway1BR,1BA$0.24
196 Central St, Unit 1C196 Central StStudio ,1BA$0.22
7A Taylor St, Unit 37A Taylor StStudio ,1BA$0.17
7A Taylor St, Unit 37A Taylor StStudio ,1BA$0.17
7A Taylor St, Unit 37A Taylor StStudio ,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.

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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

decorative image of woman handing cat to small boy

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.