
Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (113 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Watertown area of Watertown.


1 Hilltop Rd

550 Belmont St

9 N Park St

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90 Nichols Ave, Unit B

River Park Lofts

Hamilton Place

550 Belmont St

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37 Cottage St, Unit 1

56 Prentiss St
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.

Riverside Apartments, 8-20

78-86 Prentiss St

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113 Lanark Rd, Unit 1

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7 Portina Rd, Unit 01

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2 Lothian Rd

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72 Leicester St

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164 North Beacon St, Unit 1

76 Euston Rd

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141 Englewood Ave

35 Orkney 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.

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75 Euston Rd, Unit 4

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28 Austin St

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57 Oak Square Ave

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84 Strathmore Rd, Unit #23

19 Beechcroft St

2018 Commonwealth Ave

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48 Strathmore Rd, Unit 43

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2018 Commonwealth Avenue, Unit 33

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11 Beechcroft St, Unit 4

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3 Lothian Rd, Unit 24
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2016 Commonwealth Ave, Unit 2

85 Trapelo Rd

103 Trapelo Rd

109 Trapelo Rd

Blair Pond Estates

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42 Strathmore Rd, Unit 1

125 Trapelo Rd

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2018 Commonwealth Ave, Unit 42

168 N Beacon St

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6 Harriet St, Unit 3
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

172 N Beacon St

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28 Sidlaw Rd, Unit 6

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4 Chiswick Rd, Unit 24

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258 Chestnut Hill Ave, Unit 1

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126 Englewood Ave, Unit 12B

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193 Strathmore Rd

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22 Chiswick Rd, Unit 11

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1669 Commonwealth Ave, Unit 8

164 N Beacon St

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193 Strathmore Rd, Unit 10
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $2,487 | $1,850 | $4,320 |
| Downtown Watertown 1 Bedroom Apartments | $2,793 | $975 | $5,735 |
| Downtown Watertown 2 Bedroom Apartments | $3,278 | $2,000 | $7,263 |
| Downtown Watertown 3 Bedroom Apartments | $3,771 | $2,550 | $6,779 |
| Downtown Watertown 4 Bedroom Apartments | $4,828 | $2,800 | $9,900 |
| Downtown Watertown 5 Bedroom Apartments | $5,930 | $3,200 | $10,000+ |
| Downtown Watertown 6 Bedroom Apartments | $9,316 | $1,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 113 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
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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 |
Best Value Apartments for Rent in Downtown Watertown, MA
As of January 10, 2026 the best value apartment in the Downtown Watertown area is the $0.20 price per square foot 2018 Commonwealth Avenue Model at 2018 Commonwealth Avenue, Unit 33 in the in the Chestnut Hill neighborhood starting from $1,950. The second greatest value Downtown Watertown apartment is the 22 Chiswick Rd Model at 22 Chiswick Rd, Unit 11 starting at $2,000 with a $0.20 price per square foot in the Chestnut Hill 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. |
|---|---|---|---|
| 2018 Commonwealth Avenue, Unit 33 | 2018 Commonwealth Avenue | Studio ,1BA | $0.20 |
| 22 Chiswick Rd, Unit 11 | 22 Chiswick Rd | Studio ,1BA | $0.20 |
| 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 |
| 193 Strathmore Rd, Unit 10 | 193 Strathmore Rd | 1BR,1BA | $0.20 |
| 18 Beechcroft St, Unit 4 | 18 Beechcroft St | 1BR,1BA | $0.20 |
| 54 Park Ave, Unit 111 | 54 Park Ave | 1BR,1BA | $0.21 |
| 180 North Beacon St, Unit 3 | 180 North Beacon St | 1BR,1BA | $0.21 |
| 132 Sutherland Rd, Unit A | 132 Sutherland Rd | 1BR,1BA | $0.21 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
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
Frequently Asked Questions about Cheap Downtown Watertown Apartments
What is the Cheapest Studio apartment in Downtown Watertown?
Currently the most affordable Cheap Studio Apartment in Downtown Watertown is at 805 Mount Auburn St listed at $1,850.
What is the lowest price for a Cheap Two Bedroom Downtown Watertown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Watertown is starting from $2,300 at Silver Lake Apartments.
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

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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