Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (108 Rentals)

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

property at 411 Mt Auburn St

411 Mt Auburn St

WatertownMA02472
property at 47 Eliot St

47 Eliot St

WatertownMA02472
property at 54 Prentiss St

54 Prentiss St

WatertownMA02472
property at 27 Lloyd Rd

27 Lloyd Rd

WatertownMA02472

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.

property at 24 Patten St

24 Patten St

WatertownMA02472
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74 Prentiss St, Unit 2
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
2 Bedroom Apartment Available Nov 1

74 Prentiss St, Unit 2

74 Prentiss StWatertown, MA 02472
Cost Per Sq.Ft.
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78-86 Prentiss St
1 to 3 Bedroom Apartments

78-86 Prentiss St

78-86 Prentiss StWatertown, MA 02472
property at 28 Tip Top St

28 Tip Top St

BostonMA02135
property at 26 Tip Top St

26 Tip Top St

BostonMA02135
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129 Grasmere St, Unit 2R
$1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
Studio Apartment Available Now

129 Grasmere St, Unit 2R

129 Grasmere StNewton, MA 02458
Affordability
property at 1706 Commonwealth Ave
property at 1857 Commonwealth Ave

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 160 Strathmore Rd

160 Strathmore Rd

BostonMA02135
property at 11 Englewood Ave

11 Englewood Ave

BrooklineMA02445
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75 Strathmore Rd, Unit 3
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
Studio Apartment Available Now

75 Strathmore Rd, Unit 3

75 Strathmore RdBoston, MA 02135
Affordability

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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28 Austin St
$1,980
Total Monthly Price

Total Monthly Price

Base Rent
$1,620
Required Monthly Fees
$360

Total Monthly Price
$1,980
Studio Apartments Available May 14, 2026

28 Austin St

28 Austin StNewton, MA 02460
Furnished
property at 731 Cambridge St

731 Cambridge St

BostonMA02135
property at 168 N Beacon St

168 N Beacon St

BrightonMA02134

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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90 Kilsyth 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

90 Kilsyth Rd, Unit #3

90 Kilsyth RdBoston, MA 02135
Affordability
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24 Sidlaw Rd, Unit 28-6
$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

24 Sidlaw Rd, Unit 28-6

24 Sidlaw RdBoston, 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.

property at 2 Champney St

2 Champney St

BostonMA02135

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
Blair Pond EstatesRenovated StudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1715 Commonwealth Avenue, Unit 191715 Commonwealth Avenue1BR,1BA$0.22
20 Brock St, Unit 220 Brock St1BR,1BA$0.22
22 Chiswick Rd, Unit 1122 Chiswick RdStudio ,1BA$0.20
193 Strathmore Rd, Unit 10193 Strathmore Rd1BR,1BA$0.20
150 North Beacon St, Unit 23150 North Beacon St1BR,1BA$0.22
1673 Commonwealth Ave, Unit 0011673 Commonwealth AveStudio ,1BA$0.20
161 Adams St, Unit 14161 Adams St1BR,1BA$0.21
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

Quick Rent Budget Calculator

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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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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

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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.