Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (113 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Watertown area of Watertown.

property at 1 Hilltop Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

1 Hilltop Rd

WatertownMA02472
property at 9 N Park St

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

Studio, 1 Bath Home for Rent

Available Now

9 N Park St

WatertownMA02472
property at 56 Prentiss St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Home for Rent

Available Now

56 Prentiss St

WatertownMA02472

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.

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78-86 Prentiss St
1 to 3 Bedroom Apartments

78-86 Prentiss St

78-86 Prentiss StWatertown, MA 02472
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2 Lothian Rd
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartment Available Now

2 Lothian Rd

2 Lothian RdBoston, MA 02135
Affordability
property at 76 Euston Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

76 Euston Rd

BostonMA02135

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
$1,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850
Studio Apartment Available Feb 1

75 Euston Rd, Unit 4

75 Euston RdBoston, MA 02135
Affordability
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28 Austin St
$1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,530
Required Monthly Fees
$360

Total Monthly Price
$1,890
Studio Apartments Available May 14

28 Austin St

28 Austin StNewton, MA 02460
Furnished
property at 19 Beechcroft St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

19 Beechcroft St

BostonMA02135
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48 Strathmore Rd, Unit 43
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
Studio Apartment Available Now

48 Strathmore Rd, Unit 43

48 Strathmore RdBoston, MA 02135
Affordability

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.

property at 85 Trapelo Rd

$1,950 - $1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom Rentals

Available Now

85 Trapelo Rd

WalthamMA02452
property at 103 Trapelo Rd

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

1 Bedroom, 1 Bath Home for Rent

Available Now

103 Trapelo Rd

WalthamMA02452
property at 109 Trapelo Rd

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

109 Trapelo Rd

WalthamMA02452
property at 168 N Beacon St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

168 N Beacon St

BostonMA02135

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.

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

Cheapest Available Downtown Watertown Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
805 Mount Auburn StStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2018 Commonwealth Avenue, Unit 332018 Commonwealth AvenueStudio ,1BA$0.20
22 Chiswick Rd, Unit 1122 Chiswick RdStudio ,1BA$0.20
126 Englewood Ave, Unit 12B126 Englewood AveStudio ,1BA$0.20
258 Chestnut Hill Ave, Unit 1258 Chestnut Hill AveStudio ,1BA$0.20
28 Sidlaw Rd, Unit 628 Sidlaw Rd1BR,1BA$0.20
193 Strathmore Rd, Unit 10193 Strathmore Rd1BR,1BA$0.20
18 Beechcroft St, Unit 418 Beechcroft St1BR,1BA$0.20
54 Park Ave, Unit 11154 Park Ave1BR,1BA$0.21
180 North Beacon St, Unit 3180 North Beacon St1BR,1BA$0.21
132 Sutherland Rd, Unit A132 Sutherland Rd1BR,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.

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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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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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Watertown, Watertown, MA

Ranked #7

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!