Cheap Homes for Rent in Medway, MA from $1,500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Medway.

property at 64 Hollis St

$1,585

Total Monthly Price

Total Monthly Price

Base Rent
$1,585

Total Monthly Price
$1,585

1 Bedroom, 1 Bath Condo for Rent

Available Now

64 Hollis St

FraminghamMA01702
property at 22 Summer St

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

22 Summer St

AshlandMA01721
property at 658 Old West Central St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

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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.

property at 89 Pleasant St

$1,900 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 To 2 Bedroom Rentals

Available Now

89 Pleasant St

MedfieldMA02052
property at 4 Universal St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

4 Universal St

FraminghamMA01702
property at 135 Winthrop St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

135 Winthrop St

FraminghamMA01702
property at 131 Creek St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

131 Creek St

WrenthamMA02093

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.

property at 14 Village Green Ln

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

14 Village Green Ln

NatickMA01760

Medway, MA Local Guide

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 ListingModel NameBed/BathPriced From
Franklin Extended Stay HotelStudio Standard1BR,1BA$1,550
Chestnut PlaceA11BR,1BA$1,872
Franklin LandingsOne Bedroom Traditional Style1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1060 Main St3 bed/ 2 bath A3BR,2BA$2.57
Charles BellinghamIronwood2BR,2BA$2.52
The Groves at MilfordThree Bedroom3BR,2BA$2.59
Halstead Milford GreenB1A2BR,1BA$2.24
Oak Ridge Village2 Bedroom2BR,1BA$2.36
Sherwood Park1 Bedroom1BR,1BA$2.00
Stoney Brook VillageTwo Bedroom2BR,1BA$2.59
29B Broad St, Unit 29 B Broad Street29B Broad St2BR,1BA$1.93
Glen Meadow Apartments1 Bedroom1BR,1BA$2.35
Kendall CrossingOne Bedroom - Model A1BR,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.

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

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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

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