Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (79 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
78-86 Prentiss St
1 to 3 Bedroom Apartments

78-86 Prentiss St

78-86 Prentiss StWatertown, MA 02472

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.

property at 28 Braemore Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available May 1

28 Braemore Rd

BostonMA02135
property at 13 Nonantum Pl

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Home for Rent

Available Now

13 Nonantum Pl

NewtonMA02458
property at 113 Nottinghill Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

113 Nottinghill Rd

BostonMA02135
close
View Me
75 Euston Rd, Unit 4, 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 Now

75 Euston Rd, Unit 4, Unit 4

75 Euston 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.

close
View Me
3 Lothian Rd
$1,950 - $2,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950 - $2,295

Total Monthly Price
$1,950 - $2,295
Studio to 1 Bedroom Apartment Available May 1

3 Lothian Rd

3 Lothian 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.

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
close
View Me
15 Elko St
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Jun 1

15 Elko St

15 Elko StBoston, MA 02135
Cost Per Sq.Ft.
close
View Me
123 Sutherland Rd
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Jun 1

123 Sutherland Rd

123 Sutherland RdBoston, MA 02135
Cost Per Sq.Ft.
close
View Me
126 Englewood Ave
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Jun 1

126 Englewood Ave

126 Englewood AveBoston, MA 02135
Cost Per Sq.Ft.
close
View Me
49 Winship St
$2,000 - $2,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $2,450

Total Monthly Price
$2,000 - $2,450
Studio to 2 Bedroom Apartment Available Now

49 Winship St

49 Winship StBoston, MA 02135
Cost Per Sq.Ft.

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.

close
View Me
226 Washington St
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Sep 1

226 Washington St

226 Washington StBoston, MA 02135
Cost Per Sq.Ft.
close
View Me
150 North Beacon St
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Jun 1

150 North Beacon St

150 North Beacon StBoston, MA 02135
Cost Per Sq.Ft.
close
View Me
22 Chiswick Rd
$2,000 - $3,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000 - $3,000

Total Monthly Price
$2,000 - $3,000
Studio to 3 Bedroom Apartment Available Jun 1

22 Chiswick Rd

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

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.

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 April 17, 2026 the best value apartment in the Downtown Watertown area is the $0.18 price per square foot 48 Strathmore Rd Model at 48 Strathmore Rd, Unit #23 in the in the Chestnut Hill neighborhood starting from $1,775. The second greatest value Downtown Watertown apartment is the 49 Winship St Model at 49 Winship St starting at $2,000 with a $0.20 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.
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,1BA$0.18
49 Winship St49 Winship StStudio ,1BA$0.20
28 Sidlaw Rd, Unit 628 Sidlaw Rd1BR,1BA$0.20
193 Strathmore Rd, Unit 10193 Strathmore Rd1BR,1BA$0.20
152 Strathmore Rd, Unit 1152 Strathmore Rd1BR,1BA$0.20
12 Brock St, Unit #412 Brock St1BR,1BA$0.21
180 North Beacon St180 North Beacon St1BR,1BA$0.21
87 Washington St, Unit 687 Washington StStudio ,1BA$0.21
164 North Beacon St164 North Beacon St1BR,1BA$0.22
1715 Commonwealth Avenue1715 Commonwealth Avenue1BR,1BA$0.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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 A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

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!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

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.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.