
Cheap Homes for Rent in Medford, MA from $1,000 (147 Rentals)
Search the lowest-cost Homes available for rent right now in Medford.


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

Room in Shared 7 bed/2 bath home, Unit C

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

43 Temple St

Room in Shared 7 bed/2 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C

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

Room in Shared 7 bed/2 bath home, Unit F

Room in Shared 4 bed/1.5 bath home, Unit B
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

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

Room in Shared 5 bed/1 bath home, Unit E

74 Sharon St

Room in Shared 3 bed/1 bath home, Unit B

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

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

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

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C
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 6 bed/1.5 bath home, Unit A

Room in Shared 5 bed/1 bath home, Unit C

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

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit B

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

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

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

Room in Shared 6 bed/2 bath home, Unit C

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

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

Room in Shared 5 bed/3 bath home, Unit E

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

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit B

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit C

Room in Shared 3 bed/1 bath home, Unit A

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

15 New Hampshire Ave, Unit #2

Room in Shared 3 bed/1 bath home, Unit A

11 New Hampshire Ave

Room in Shared 3 bed/1 bath home, Unit A

Room in Shared 5 bed/1 bath home, Unit A

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

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

2 Elmwood Ave, Unit 13

23 Princeton St

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

How much does it cost to rent a home in Medford?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Medford 2 Bedroom Homes for Rent | $3,480 | $2,150 | $7,750 |
| Medford 3 Bedroom Homes for Rent | $4,260 | $1,075 | $10,000+ |
| Medford 4 Bedroom Homes for Rent | $4,967 | $1,075 | $10,000+ |
| Medford 5 Bedroom Homes for Rent | $5,924 | $1,210 | $10,000+ |
| Medford 6 Bedroom Homes for Rent | $7,701 | $1,280 | $10,000+ |
| Medford 7 Bedroom Homes for Rent | $5,045 | $1,125 | $10,000+ |
Browse Top Homes for Rent in Medford
Explore Medford
Medford, MA Local Guide
- Medford Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Medford, MA
Pricing Updated: 05/17/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wellington Medford | $4,500 | $2,395 | 57 |
| North Medford | $6,200 | $1,350 | 9 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Apartments | Studio, non-renovated | Studio,1BA | $1,700 |
| The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
| Old Colony Apartments | Studio | Studio,1BA | $1,750 |
| APTS in Everett, Malden, Chelsea & Boston | Broadway #14 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 456 Salem St | 456 Salem St | 1BR,1BA | $0.20 |
| 5 Blake St | 5 Blake St | Studio ,1BA | $0.27 |
| 60 Walden St, Unit 2 | 60 Walden St | 1BR,1BA | $0.25 |
| 361 Beacon St, Unit #2 | 361 Beacon St | 1BR,1BA | $0.32 |
| 452 Main St, Unit 4 | 452 Main St | 1BR,1BA | $0.19 |
| 10 Fulkerson St, Unit 2 | 10 Fulkerson St | 1BR,1BA | $0.30 |
| 33 Everett Ave, Unit 1 | 33 Everett Ave | 2BR,1BA | $0.30 |
| 11 Hill Rd, Unit 11 Hill | 11 Hill Rd | 2BR,2BA | $0.30 |
| 101 Fayerweather St, Unit B | 101 Fayerweather St | 1BR,1BA | $0.24 |
| 26 Porter St, Unit 1 | 26 Porter St | 3BR,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.
Read ArticleDon'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 ArticleTop 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
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.
Medford, MAPopulation: 57,765
Ranked #660
in US Census Population by City
Pet Friendly Lifestyle
Ranked #
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Medford, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Medford, MA Rentals by Map
See the most popular apartments and homes in Medford, MA
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

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.