
Cheap Homes for Rent in Medway, MA from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Medway.


22 Summer St

180 Main St, Unit 2B

658 Old West Central St
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.

89 Pleasant St

4 Universal St

135 Winthrop St

131 Creek St
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.

14 Village Green Ln
Medway, MA Local Guide

How much does it cost to rent a home in Medway?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Medway 2 Bedroom Homes for Rent | $3,098 | $2,000 | $5,000 |
| Medway 3 Bedroom Homes for Rent | $3,491 | $2,600 | $6,000 |
| Medway 4 Bedroom Homes for Rent | $5,737 | $3,500 | $8,750 |
| Medway 5 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Medway
Explore Medway
Medway, MA Local Guide
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Cheapest Available Medway Apartments for Rent and Nearby
 The cheapest available apartment rental in Medway, MA is a 1 Bed unit found at Franklin Extended Stay Hotel in the 495 South neighborhood priced from $1,550. Chestnut Place in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,872. Here is today’s list of the most affordable Medway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Extended Stay Hotel | Studio Standard | 1BR,1BA | $1,550 |
| Chestnut Place | A1 | 1BR,1BA | $1,872 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $1,890 |
Best Value Apartments for Rent in Medway, MA and Nearby
As of June 11, 2026 the best value apartment in the Medway area is the $2.57 price per square foot 3 bed/ 2 bath A Model at 1060 Main St in the in the 495 South neighborhood starting from $3,600. The second greatest value Medway apartment is the Ironwood Model at Charles Bellingham starting at $2,802 with a $2.52 price per square foot in the 495 South neighborhood. Here is today’s list of the best values for Medway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1060 Main St | 3 bed/ 2 bath A | 3BR,2BA | $2.57 |
| Charles Bellingham | Ironwood | 2BR,2BA | $2.52 |
| The Groves at Milford | Three Bedroom | 3BR,2BA | $2.59 |
| Halstead Milford Green | B1A | 2BR,1BA | $2.24 |
| Oak Ridge Village | 2 Bedroom | 2BR,1BA | $2.36 |
| Sherwood Park | 1 Bedroom | 1BR,1BA | $2.00 |
| Stoney Brook Village | Two Bedroom | 2BR,1BA | $2.59 |
| 29B Broad St, Unit 29 B Broad Street | 29B Broad St | 2BR,1BA | $1.93 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $2.35 |
| Kendall Crossing | One Bedroom - Model A | 1BR,1BA | $2.68 |
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.
Best Local Schools in Medway, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Medway, MA Rentals by Map
See the most popular apartments and homes in Medway, MA
Frequently Asked Questions about Medway
What type of rentals are currently available in Medway?
There are currently 63 Apartments for Rent in Medway, MA with pricing that ranges from $1,432 to $4,950. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medway ranging from $1,585 to $10,000.
What is the current price range for Rental Homes in Medway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medway ranges from $1,585 to $10,000 with an average monthly rent of $4,871.
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
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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
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Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
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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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.