
Cheap Apartments for Rent near Oakham, MA from $600 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Oakham.


Eastview Apartments

Julia Bancroft - 62+ Senior Apartments

Bancroft On The Grid

New Park on the Grid

Park Plaza on the Grid

Portside on the Grid

Stratton Hill Park Apartments

Portland on the Grid

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Residences on Madison
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

Sutton Estates

Tatnuck Square Apartments Worcester

Junction Shop Lofts

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Edge Worcester

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Ledgewood Court Apartments

The Reeds

Arrowpoint at Mill Street

175 James St

43 Woodland St

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Poet Hill Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The 6Hundred

Altitude

100 Wall St

The Cove

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The Revington

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Highland West

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Spencer Heights

20 Eden St

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Jefferson Mills

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Aria on the Row
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Audubon Plantation Ridge

Plantation Towers

Green Hill Park Apartments Worcester

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Halstead Holden

TOPOGRAPH

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145 Front at City Square

Voke Lofts

The Fairways

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Brookside Apartments

Royal Worcester Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Courthouse Lofts

Total Monthly Price
Trailside Apartments

Residences on Lincoln Square, A 55+ Community

Aurora Apartments

Merrick at the Square

Torrey Factory Lofts

Catharine Street Apartments

255 Main St

24 Jackson St

Sudbury Street Lofts
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.
Oakham, MA Local Guide

How much does it cost to rent an apartment in Oakham?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Oakham Studio Apartments | $1,770 | $1,200 | $2,640 |
| Oakham 1 Bedroom Apartments | $2,252 | $1,360 | $3,125 |
| Oakham 2 Bedroom Apartments | $2,782 | $1,800 | $4,149 |
| Oakham 3 Bedroom Apartments | $3,019 | $2,000 | $4,408 |
| Oakham 4 Bedroom Apartments | $3,412 | $3,245 | $3,580 |
Browse Top Apartments in Oakham
See all Apartments in OakhamExplore Oakham
Oakham, MA Local Guide
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Cheapest Available Oakham Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakham, MA is a Studio unit found at Julia Bancroft - 62+ Senior Apartments in the Hadwen Park neighborhood priced from $1,265. Residences on Lincoln Square, A 55+ Community in the Elm Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,283. Here is today’s list of the most affordable Oakham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio,1BA | $1,265 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,283 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,295 |
| New Park on the Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Park Plaza on the Grid | WS200 | Studio,1BA | $1,395 |
| Portside on the Grid | WS300 | Studio,1BA | $1,425 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| Residences on Madison | S1 | Studio,1BA | $1,670 |
| Tatnuck Square Apartments Worcester | A1 Classic | 1BR,1BA | $1,700 |
| The Kiln | Studio | Studio,1BA | $1,725 |
Best Value Apartments for Rent in Oakham, MA and Nearby
As of July 25, 2026 the best value apartment in the Oakham area is the $1.43 price per square foot 1 Bed 1 Bath Model at Junction Shop Lofts in the in the West Tatnuck neighborhood starting from $1,730. The second greatest value Oakham apartment is the Two Bedrooms Model at 100 Wall St starting at $2,100 with a $1.87 price per square foot in the Downtown Worcester neighborhood. Here is today’s list of the best values for Oakham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| 100 Wall St | Two Bedrooms | 2BR,1BA | $1.87 |
| Plantation Towers | 2 Bed, 2 Bath WAITLIST | 2BR,2BA | $1.89 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| 92 on North Main | C203-INCOME RESTRICTED | 1BR,1BA | $1.75 |
| Green Hill Park Apartments Worcester | The Emerald Updated | 2BR,1BA | $2.28 |
| 145 Front at City Square | One Bedroom Floorplans | 1BR,1BA | $2.53 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.33 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio ,1BA | $2.33 |
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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakham, MA Rentals by Map
See the most popular apartments and homes in Oakham, MA
Frequently Asked Questions about Cheap Oakham Apartments
What is the Cheapest Studio apartment in Oakham?
Currently the most affordable Cheap Studio Apartment in Oakham is at Julia Bancroft - 62+ Senior Apartments listed at $1,265.
How much is rent for a Cheap One Bedroom Oakham Apartment?
The lowest price for a Cheap One Bedroom Oakham Apartment is $1,360 at Julia Bancroft - 62+ Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Oakham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakham is starting from $1,779 at Residences on Lincoln Square, A 55+ Community.
What is the most affordable Oakham Three Bedroom Apartment?
The best deal on a cheap Oakham Three Bedroom Apartment rental is at 20 Eden St and starts from $2,000.
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.
Articles, How-To's, and Tips

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.