
Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Watertown area of Watertown.


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13 Morse St, Unit 13 Morse street

805 Mount Auburn St

Riverside Apartments, 8-20

78-86 Prentiss St

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17 Bentley St, Unit 2

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539 Washington St, Unit 2

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113 Lanark Rd, Unit 1

10 Bigelow St, Unit 2
Boston's Best Affordable Neighborhoods
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3 Winship Pl, Unit 1

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59 Strathmore Rd

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541 Washington St, Unit Top Floor Two-Bedroom

89 Englewood Ave

28 Academy Hill Rd

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566 Washington St, Unit 14

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141 Englewood, Unit 2

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142 North Beacon St

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140 North Beacon St
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97 Nottinghill Rd

28 Colborne Rd, Unit 8

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81 Academy Hill Rd, Unit B

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22 Chiswick Rd

35 Orkney Rd

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18 Malbert Rd, Unit 1

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2018 Commonwealth Avenue

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26 Chiswick Rd

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193 Strathmore Rd
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28 Austin St, Unit SI FL2-ID976

66 Homer Ave, Unit 112

199 Strathmore Rd, Unit 9

199 Strathmore Rd, Unit 6

23 Parsons St

70 Strathmore Rd, Unit 11A

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2018 Commonwealth Avenue, Unit 23

Blair Pond Estates

365 Washington St, Unit 204A
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1949 Commonwealth Ave

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35 Parsons St, Unit B

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35 Parsons St, Unit B

1857 Commonwealth Ave

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193 Strathmore Rd, Unit 10

Washington Heights

Finch Cambridge

Weinberg House: 62+ Senior

Haywood House
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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.

61-63 Moraine St

45 Strathmore Rd
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 | $2,472 | $1,775 | $5,906 |
| Downtown Watertown 1 Bedroom Apartments | $2,867 | $1,100 | $7,223 |
| Downtown Watertown 2 Bedroom Apartments | $3,428 | $1,475 | $10,000+ |
| Downtown Watertown 3 Bedroom Apartments | $3,734 | $1,033 | $7,542 |
| Downtown Watertown 4 Bedroom Apartments | $4,317 | $950 | $9,900 |
| Downtown Watertown 5 Bedroom Apartments | $5,337 | $4,100 | $9,000 |
| Downtown Watertown 6 Bedroom Apartments | $8,193 | $1,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 47 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 |
| 286 & 288 Chestnut Hill Avenue | Studio | Studio,1BA | $2,100 |
Best Value Apartments for Rent in Downtown Watertown, MA
As of August 31, 2026 the best value apartment in the Downtown Watertown area is the $0.24 price per square foot 61 Selkirk Rd Model at 61 Selkirk Rd, Unit 10 in the in the Chestnut Hill neighborhood starting from $2,400. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 61 Selkirk Rd, Unit 10 | 61 Selkirk Rd | 1BR,1BA | $0.24 |
| 62 Brock St, Unit 2 | 62 Brock St | Studio ,1BA | $0.22 |
| 132 Sutherland Rd, Unit A | 132 Sutherland Rd | 1BR,1BA | $0.21 |
| 7 Lothian Rd, Unit 3 | 7 Lothian Rd | 1BR,1BA | $0.22 |
| 198 Strathmore Rd, Unit 3 | 198 Strathmore Rd | 1BR,1BA | $0.23 |
| 258 Chestnut Hill Ave, Unit 1 | 258 Chestnut Hill Ave | Studio ,1BA | $0.22 |
| 193 Strathmore Rd, Unit 10 | 193 Strathmore Rd | 1BR,1BA | $0.20 |
| 126 Englewood Ave | 126 Englewood Ave | 1BR,1BA | $0.25 |
| 131 Sutherland Rd, Unit H | 131 Sutherland Rd | 2BR,1BA | $0.26 |
| 77 Chiswick Rd, Unit 2 | 77 Chiswick 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 ArticleReal 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.
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 $2,600 at 805 Mount Auburn St.
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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.