
Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Watertown area of Watertown.


411 Mt Auburn St

47 Eliot St

54 Prentiss St

Hamilton Place

27 Lloyd Rd

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462 Main St, Unit 100
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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69 Parker St, Unit 2

24 Patten St

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74 Prentiss St, Unit 2

28 Tip Top St

26 Tip Top St

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129 Grasmere St, Unit 2R

1844 Commonwealth Ave

35 Orkney Rd

1706 Commonwealth Ave

1857 Commonwealth Ave
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.

Reservoir Court

160 Strathmore Rd

11 Englewood Ave

189 Chestnut Hill Ave

66 Homer Ave

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3 Lothian Rd, Unit 24

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11 Beechcroft St, Unit 4

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75 Strathmore Rd, Unit 3
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.

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2016 Commonwealth Ave, Unit 2

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28 Austin St

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42 Strathmore Rd, Unit 1

Blair Pond Estates

731 Cambridge St

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193 Strathmore Rd

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1669 Commonwealth Ave, Unit 8

168 N Beacon St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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22 Chiswick Rd, Unit 11

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1673 Commonwealth Ave, Unit 001

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4 Chiswick Rd, Unit 24

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126 Englewood Ave, Unit 12B

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193 Strathmore Rd, Unit 10

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90 Kilsyth Rd, Unit #3

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2018 Commonwealth Ave, Unit 42

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258 Chestnut Hill Ave, Unit 1

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24 Sidlaw Rd, Unit 28-6

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28 Sidlaw Rd, Unit 6

176 N Beacon St
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.

2 Champney St
Downtown Watertown, Watertown, MA Local Guide

How much does it cost to rent an apartment in Downtown Watertown?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
Downtown Watertown Studio Apartments | $2,546 | $1,750 | $7,929 |
Downtown Watertown 1 Bedroom Apartments | $2,859 | $1,050 | $6,634 |
Downtown Watertown 2 Bedroom Apartments | $3,283 | $1,900 | $10,000+ |
Downtown Watertown 3 Bedroom Apartments | $3,635 | $2,495 | $7,550 |
Downtown Watertown 4 Bedroom Apartments | $4,678 | $2,800 | $10,000+ |
Downtown Watertown 5 Bedroom Apartments | $5,806 | $3,800 | $10,000+ |
Downtown Watertown 6 Bedroom Apartments | $8,926 | $4,400 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 108 rentals with your search options within a 2 mile radius of the Downtown Watertown Neighborhood of Watertown, MA.
See all Apartments in WatertownExplore Watertown
Downtown Watertown, Watertown, MA Local Guide
- Nearby Watertown neighborhoods
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Cheapest Available Downtown Watertown Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
805 Mount Auburn St | Studio | Studio,1BA | $1,850 |
Blair Pond Estates | Renovated Studio | Studio,1BA | $1,995 |
Best Value Apartments for Rent in Downtown Watertown, MA
As of October 08, 2025 the best value apartment in the Downtown Watertown area is the $0.22 price per square foot 1715 Commonwealth Avenue Model at 1715 Commonwealth Avenue, Unit 19 in the in the St. Elizabeth's neighborhood starting from $2,200. The second greatest value Downtown Watertown apartment is the 20 Brock St Model at 20 Brock St, Unit 2 starting at $2,200 with a $0.22 price per square foot in the St. Elizabeth's neighborhood. Here is today’s list of the best values for Downtown Watertown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1715 Commonwealth Avenue, Unit 19 | 1715 Commonwealth Avenue | 1BR,1BA | $0.22 |
20 Brock St, Unit 2 | 20 Brock St | 1BR,1BA | $0.22 |
22 Chiswick Rd, Unit 11 | 22 Chiswick Rd | Studio ,1BA | $0.20 |
193 Strathmore Rd, Unit 10 | 193 Strathmore Rd | 1BR,1BA | $0.20 |
150 North Beacon St, Unit 23 | 150 North Beacon St | 1BR,1BA | $0.22 |
1673 Commonwealth Ave, Unit 001 | 1673 Commonwealth Ave | Studio ,1BA | $0.20 |
161 Adams St, Unit 14 | 161 Adams St | 1BR,1BA | $0.21 |
126 Englewood Ave, Unit 12B | 126 Englewood Ave | Studio ,1BA | $0.20 |
258 Chestnut Hill Ave, Unit 1 | 258 Chestnut Hill Ave | Studio ,1BA | $0.20 |
28 Sidlaw Rd, Unit 6 | 28 Sidlaw Rd | 1BR,1BA | $0.20 |
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Pet Friendly LifestyleDowntown Watertown, Watertown, MA
Ranked #7
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Watertown Neighborhood in Watertown, MA
Walk Score®
93 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
56 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Watertown Apartments
What is a cheap apartment in Downtown Watertown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Watertown is under $1,995.
What is the price of a cheap apartment in Downtown Watertown?
The cheapest apartment in Downtown Watertown is Reservoir Court which is listed at $2,100, while the average apartment in Downtown Watertown costs $9,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.