Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (65 Rentals)

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

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28 Commonwealth Rd, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

28 Commonwealth Rd, Unit 3

28 Commonwealth RdWatertown, MA 02472
Affordability
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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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163 Belmont St, Unit Room
$1,000
Total Monthly Price13 Month Lease Term

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
3 Bedroom Apartment Available Now

163 Belmont St, Unit Room

163 Belmont StBelmont, MA 02478
Affordability

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.

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26 Lake Shore Ter, Unit 2
$1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
3 Bedroom Apartment Available Sep 1

26 Lake Shore Ter, Unit 2

26 Lake Shore TerBoston, MA 02135
Furnished
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3 Winship Pl, Unit 1
$1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350
2 Bedroom Apartment Available Sep 1

3 Winship Pl, Unit 1

3 Winship PlBoston, MA 02135
Affordability
  • Smoke Free
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128 Washington St
$1,550 - $1,695
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $1,695
Total Monthly Price
$1,550 - $1,695
Studio to 1 Bedroom Apartment Available Now

128 Washington St

128 Washington StBoston, MA 02135
Affordability
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15 Orkney Rd
$1,595 - $1,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595 - $1,850
Total Monthly Price
$1,595 - $1,850
Studio to 1 Bedroom Apartment Available Now

15 Orkney Rd

15 Orkney RdBoston, MA 02135
Affordability

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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property at 10 Bigelow St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

3 Bedroom, 2.5 Bath Home for Rent

Available Sep 1

10 Bigelow St

BostonMA02135
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38 Colborne Rd
$1,700 - $2,025
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700 - $2,025
Total Monthly Price
$1,700 - $2,025
1 to 2 Bedroom Apartment Available Now

38 Colborne Rd

38 Colborne RdBoston, MA 02135
Affordability
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24 Colborne Rd
$1,700 - $2,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700 - $2,250
Total Monthly Price
$1,700 - $2,250
1 to 2 Bedroom Apartment Available Now

24 Colborne Rd

24 Colborne RdBoston, MA 02135
Affordability
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77 Chiswick Rd
$1,725 - $2,670
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,725 - $2,670
Total Monthly Price
$1,725 - $2,670
1 to 3 Bedroom Apartment Available Now

77 Chiswick Rd

77 Chiswick RdBoston, MA 02135
Affordability
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566 Washington St, Unit 14
$1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800
1 Bedroom Apartment Available Now

566 Washington St, Unit 14

566 Washington StBoston, MA 02135
Affordability

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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22 Chiswick Rd
$1,850 - $2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850 - $2,300
Total Monthly Price
$1,850 - $2,300
Studio to 1 Bedroom Apartment Available Sep 1

22 Chiswick Rd

22 Chiswick RdBoston, MA 02135
Cost Per Sq.Ft.
property at 28 Academy Hill Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

Studio, 1 Bath Home for Rent

Available Sep 1

28 Academy Hill Rd

BostonMA02135
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26 Chiswick Rd
$1,900 - $2,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900 - $2,800
Total Monthly Price
$1,900 - $2,800
Studio to 2 Bedroom Apartment Available Sep 1

26 Chiswick Rd

26 Chiswick RdBoston, MA 02135
Cost Per Sq.Ft.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Downtown Watertown, Watertown, MA Local Guide

Best Value Apartments for Rent in Downtown Watertown, MA

As of July 17, 2026 the best value apartment in the Downtown Watertown area is the $0.23 price per square foot 165 Chiswick Rd Model at 165 Chiswick Rd, Unit B in the in the St. Elizabeth's neighborhood starting from $2,250. The second greatest value Downtown Watertown apartment is the 62 Brock St Model at 62 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 ListingModel NameBed/BathPrice Per Sq.Ft.
165 Chiswick Rd, Unit B165 Chiswick RdStudio ,1BA$0.23
62 Brock St, Unit 262 Brock StStudio ,1BA$0.22
24 Orkney Rd24 Orkney Rd1BR,1BA$0.23
132 Sutherland Rd, Unit A132 Sutherland Rd1BR,1BA$0.21
7 Lothian Rd, Unit 37 Lothian Rd1BR,1BA$0.22
198 Strathmore Rd, Unit 3198 Strathmore Rd1BR,1BA$0.23
258 Chestnut Hill Ave, Unit 1258 Chestnut Hill AveStudio ,1BA$0.22
193 Strathmore Rd, Unit 10193 Strathmore Rd1BR,1BA$0.20
126 Englewood Ave126 Englewood AveStudio ,1BA$0.22
77 Chiswick Rd, Unit 277 Chiswick 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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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.

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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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