Cheap Homes for Rent in Medford, MA from $1,000 (147 Rentals)

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Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert

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property at 74 Sharon St

$1,225

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 2.5 Bath Townhome for Rent

Available Now

74 Sharon St

MedfordMA02155

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 23 Princeton St

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 1

23 Princeton St

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.

Medford, MA Local Guide

Cheapest Neighborhoods for Apartments in Medford, MA

Pricing Updated: 05/17/2026

Current apartment rentals in the Medford, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Medford Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wellington Medford$4,500$2,39557
North Medford$6,200$1,3509

Cheapest Available Medford Apartments for Rent

 

The cheapest available apartment rental in Medford, MA is a Studio unit found at Parkwood Apartments in the Ferryway neighborhood priced from $1,700. The Charlestown - Senior Residences 62+ in the Kendall Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here is today’s list of the most affordable Medford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkwood ApartmentsStudio, non-renovatedStudio,1BA$1,700
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
Old Colony ApartmentsStudioStudio,1BA$1,750
APTS in Everett, Malden, Chelsea & BostonBroadway #14Studio,1BA$1,900

Best Value Apartments for Rent in Medford, MA

As of May 18, 2026 the best value apartment in the Medford area is the $0.20 price per square foot 456 Salem St Model at 456 Salem St in the in the Ferryway neighborhood starting from $1,975. The second greatest value Medford apartment is the 5 Blake St Model at 5 Blake St starting at $2,700 with a $0.27 price per square foot in the Kendall Square neighborhood. Here is today’s list of the best values for Medford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
456 Salem St456 Salem St1BR,1BA$0.20
5 Blake St5 Blake StStudio ,1BA$0.27
60 Walden St, Unit 260 Walden St1BR,1BA$0.25
361 Beacon St, Unit #2361 Beacon St1BR,1BA$0.32
452 Main St, Unit 4452 Main St1BR,1BA$0.19
10 Fulkerson St, Unit 210 Fulkerson St1BR,1BA$0.30
33 Everett Ave, Unit 133 Everett Ave2BR,1BA$0.30
11 Hill Rd, Unit 11 Hill11 Hill Rd2BR,2BA$0.30
101 Fayerweather St, Unit B101 Fayerweather St1BR,1BA$0.24
26 Porter St, Unit 126 Porter St3BR,1BA$0.27

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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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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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Medford, MA
Population: 57,765

Ranked #660

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Medford

What type of rentals are currently available in Medford?

There are currently 2456 Apartments for Rent in Medford, MA with pricing that ranges from $800 to $17,876. There are also 1676 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medford ranging from $1,075 to $22,500.

What is the current price range for Rental Homes in Medford?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Medford ranges from $1,075 to $22,500 with an average monthly rent of $4,594.

How much are larger Three and Four Bedroom Rentals in Medford?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Medford range from $1,175 to $12,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $22,500. Four Bedroom Single-Family rentals are also available starting from $1,075 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

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