
Cheap Apartments for Rent in Petersham, MA from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersham.


Leominster Gardens

Residences at the Park

Riverside Commons

Total Monthly Price
Baldwinville School Apartments

Anwelt Heritage - A 55+ Community

Westminster Senior Residences 62+

Total Monthly Price
Cliffside Apartments

Total Monthly Price
The Residences
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.

Total Monthly Price
Kendrick Place

The Fitchburg Arts Community

Moran Square

Stratton Hill Park Apartments

Total Monthly Price
Eleven East Pleasant

Lantern Court Apartments

Brandywine Apartments

Meadowbrook Village

Meadowview Apartments
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.

Meadowbrook Village

Total Monthly Price
Jefferson Mills

Total Monthly Price
Hawkins Meadow

The Falls at 124 Water

Total Monthly Price
26 Spring

The Boulders

Total Monthly Price
One East Pleasant

Rolling Green Apartments

133 South East Commons
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.

Town and Country Apartments

Mill House Apartments

353 Crescent St

107 E Pleasant St

21 Waverly St

255 Main St

24 Regan St

15 Bridge St

115 Northampton Rd
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.

73 Kingsbury St

Northgate Meadows

57-59 Nichols St

210 Mt Elam Rd

81 Old Amherst Rd

98-100 Snow St

423 N East St

133 Green St

82 Comins Rd
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.

421 N East St

20 Graham St
Petersham, MA Local Guide

How much does it cost to rent an apartment in Petersham?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Petersham Studio Apartments | $1,765 | $1,125 | $2,475 |
| Petersham 1 Bedroom Apartments | $2,180 | $1,223 | $3,125 |
| Petersham 2 Bedroom Apartments | $2,465 | $799 | $4,125 |
| Petersham 3 Bedroom Apartments | $2,559 | $850 | $3,985 |
| Petersham 4 Bedroom Apartments | $2,872 | $900 | $4,400 |
Browse Top Apartments in Petersham
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Petersham, MA Local Guide
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Cheapest Available Petersham Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersham, MA is a 1 Bed unit found at Anwelt Heritage - A 55+ Community in the West Fitchburg neighborhood priced from $1,348. Cliffside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,410. Here is today’s list of the most affordable Petersham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anwelt Heritage - A 55+ Community | 1 Bedroom Affordable/Income Restriction | 1BR,1BA | $1,348 |
| Cliffside Apartments | 1x1 Jr. | 1BR,1BA | $1,410 |
| The Residences | Studio | Studio,1BA | $1,450 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1,510 |
| Eleven East Pleasant | Two Bedroom Premium | 2BR,1BA | $1,600 |
| Lantern Court Apartments | Two Bedroom | 2BR,1BA | $1,650 |
| Stratton Hill Park Apartments | 1 Bedroom | 1BR,1BA | $1,725 |
| Meadowview Apartments | 2 Bedroom | 2BR,1BA | $1,800 |
| Meadowbrook Village | 2-TDL | 2BR,1BA | $1,850 |
| Jefferson Mills | 1 bed / 1 bath C03s | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Petersham, MA and Nearby
As of June 12, 2026 the best value apartment in the Petersham area is the $1.84 price per square foot 3 Bedroom Model at Riverside Commons in the in the West Fitchburg neighborhood starting from $2,290. The second greatest value Petersham apartment is the 2 Bed Model at The Falls at 124 Water starting at $2,450 with a $2.07 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Petersham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverside Commons | 3 Bedroom | 3BR,1.5BA | $1.84 |
| The Falls at 124 Water | 2 Bed | 2BR,2BA | $2.07 |
| Yarn Works | One Bedroom | 1BR,1BA | $2.07 |
| Meadowbrook Village | 2-TDL | 2BR,1.5BA | $1.71 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1.42 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.67 |
| North 116 Flats | B4 Shared | 2BR,2BA | $0.88 |
| Town and Country Apartments | One Bedroom One Bathroom | 1BR,1BA | $2.26 |
| Fieldstone - Artisan Graduate Housing | Two Bedroom A | 2BR,2BA | $2.23 |
| Lantern Court Apartments | Two Bedroom | 2BR,1BA | $2.20 |
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 Petersham, MA Rentals by Map
See the most popular apartments and homes in Petersham, MA
Frequently Asked Questions about Cheap Petersham Apartments
What is the Cheapest Studio apartment in Petersham?
Currently the most affordable Cheap Studio Apartment in Petersham is at The Residences listed at $1,450.
How much is rent for a Cheap One Bedroom Petersham Apartment?
The lowest price for a Cheap One Bedroom Petersham Apartment is $1,348 at Anwelt Heritage - A 55+ Community.
What is the lowest price for a Cheap Two Bedroom Petersham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Petersham is starting from $1,510 at Moran Square.
What is the most affordable Petersham Three Bedroom Apartment?
The best deal on a cheap Petersham Three Bedroom Apartment rental is at Meadowbrook Village and starts from $2,225.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
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.