Cheap Homes for Rent in Pelham, MA from $1,500 (8 Rentals)

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

property at 22 Clark St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

22 Clark St

HolyokeMA01040
property at 100 Springfield St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Townhome for Rent

Available Now

100 Springfield St

PalmerMA01080
property at 31 Hillcrest Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

31 Hillcrest Ave

South HadleyMA01075
property at 57 Chestnut St

$1,610

Total Monthly Price

Total Monthly Price

Base Rent
$1,610

Total Monthly Price
$1,610

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

57 Chestnut St

NorthamptonMA01062

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 171 Old Lyman Rd

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

171 Old Lyman Rd

ChicopeeMA01020
property at 51 New Ludlow Rd

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

51 New Ludlow Rd

GranbyMA01033
property at 66 Lyman St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

66 Lyman St

South HadleyMA01075
property at 72 Lyman St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1 Bath Condo for Rent

Available Sep 1

72 Lyman St

South HadleyMA01075

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.

Pelham, MA Local Guide

Cheapest Available Pelham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pelham, MA is a Studio unit found at Mall Apartments in the East Springfield neighborhood priced from $1,195. Prospect Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mall Apartments0BRStudio,1BA$1,195
Prospect Place1 Bed Accessible1BR,1BA$1,350
The ResidencesStudioStudio,1BA$1,450

Best Value Apartments for Rent in Pelham, MA and Nearby

As of June 29, 2026 the best value apartment in the Pelham area is the $0.90 price per square foot B4 Shared Model at North 116 Flats in the in the North Amherst neighborhood starting from $821. The second greatest value Pelham apartment is the Renovated 2 Bedroom Model at Meadowview Apartments starting at $1,850 with a $2.04 price per square foot in the Amherst Center neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North 116 FlatsB4 Shared2BR,2BA$0.90
Meadowview ApartmentsRenovated 2 Bedroom2BR,1BA$2.04
Maple Ridge Apartments2 Bedroom Large2BR,1BA$2.03
Dale HouseBarclay2BR,1BA$1.94
Palmer Gardenspg2x1-r2BR,1BA$2.24
Fieldstone - Slate Undergraduate HousingTwo Bedroom A2BR,2BA$2.45
Fieldstone - Artisan Graduate HousingTwo Bedroom A2BR,2BA$2.23
Lantern Court ApartmentsTwo Bedroom2BR,1BA$2.20
Prospect Place1 Bed Accessible1BR,1BA$2.00
Montcalm Heights Apartments1 Bedroom1BR,1BA$2.44

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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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.

Read Article
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Quick Rent Budget Calculator

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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 Pelham

What type of rentals are currently available in Pelham?

There are currently 48 Apartments for Rent in Pelham, MA with pricing that ranges from $821 to $4,400. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham ranging from $1,500 to $4,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelham ranges from $1,500 to $4,995 with an average monthly rent of $3,168.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pelham range from $850 to $3,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,575 and Four Bedroom Apartments start at $900.

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

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.