
Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Watertown area of Watertown.


Riverside Apartments, 8-20

78-86 Prentiss St

Belmont Street Apartments, 550

Total Monthly Price
113 Lanark Rd, Unit 1

Total Monthly Price
7 Portina Rd, Unit 01

Total Monthly Price
2 Lothian Rd

10 Bigelow St

12 Nonantum St

Total Monthly Price
28 Austin St
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.

Total Monthly Price
1758 Commonwealth Ave, Unit A

Total Monthly Price
48 Strathmore Rd, Unit #23

Total Monthly Price
409 Trapelo Rd, Unit #1

Total Monthly Price
160 Washington St, Unit 4

Total Monthly Price
160 Washington St, Unit #4

Total Monthly Price
62 Brock St, Unit 2

76 Euston Rd

Total Monthly Price
164 North Beacon St, Unit 1

35 Orkney Rd

Total Monthly Price
75 Euston Rd, Unit 4
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.

15 Colborne Rd

2018 Commonwealth Ave

2018 Commonwealth Ave

Total Monthly Price
193 Strathmore Rd

Total Monthly Price
57 Oak Square Ave

Total Monthly Price
2016 Commonwealth Ave

Total Monthly Price
14 Beechcroft St, Unit B1

Total Monthly Price
3 Lothian Rd

Total Monthly Price
1682 Commonwealth Ave

103 Trapelo Rd
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.

85 Trapelo Rd

109 Trapelo Rd

Blair Pond Estates

Total Monthly Price
2018 Commonwealth Ave

Total Monthly Price
42 Strathmore Rd, Unit 1

Total Monthly Price
193 Strathmore Rd, Unit 10

Total Monthly Price
2 Portina Rd, Unit 3

Total Monthly Price
22 Chiswick Rd

Total Monthly Price
123 Sutherland Rd

Total Monthly Price
152 Strathmore Rd, Unit 1
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.

Total Monthly Price
164 N Beacon St, Unit 22

Total Monthly Price
141 Englewood Ave, Unit #2

Total Monthly Price
315 Warren St

Total Monthly Price
1669 Commonwealth Ave, Unit 8

Total Monthly Price
49 Winship St

Total Monthly Price
150 North Beacon St

Total Monthly Price
4 Chiswick Rd, Unit 24

Total Monthly Price
126 Englewood Ave

Total Monthly Price
15 Elko St

Total Monthly Price
258 Chestnut Hill Ave, Unit 1
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

How much does it cost to rent an apartment in Downtown Watertown?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Watertown Studio Apartments | $2,521 | $1,690 | $5,944 |
| Downtown Watertown 1 Bedroom Apartments | $2,771 | $950 | $6,819 |
| Downtown Watertown 2 Bedroom Apartments | $3,307 | $2,000 | $8,550 |
| Downtown Watertown 3 Bedroom Apartments | $3,730 | $2,400 | $7,058 |
| Downtown Watertown 4 Bedroom Apartments | $4,704 | $2,800 | $9,900 |
| Downtown Watertown 5 Bedroom Apartments | $6,002 | $4,000 | $10,000+ |
| Downtown Watertown 6 Bedroom Apartments | $9,398 | $4,400 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 62 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
- Nearby Watertown neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Watertown Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 805 Mount Auburn St | Studio | Studio,1BA | $1,850 |
Best Value Apartments for Rent in Downtown Watertown, MA
As of March 03, 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 160 Washington St Model at 160 Washington St, Unit #4 starting at $1,800 with a $0.18 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. |
|---|---|---|---|
| 48 Strathmore Rd, Unit #23 | 48 Strathmore Rd | Studio ,1BA | $0.18 |
| 160 Washington St, Unit #4 | 160 Washington St | 1BR,1BA | $0.18 |
| 160 Washington St, Unit 4 | 160 Washington St | 1BR,1BA | $0.18 |
| 193 Strathmore Rd | 193 Strathmore Rd | 1BR,1BA | $0.19 |
| 258 Chestnut Hill Ave, Unit 1 | 258 Chestnut Hill Ave | Studio ,1BA | $0.20 |
| 28 Sidlaw Rd, Unit 6 | 28 Sidlaw Rd | 1BR,1BA | $0.20 |
| 193 Strathmore Rd, Unit 10 | 193 Strathmore Rd | 1BR,1BA | $0.20 |
| 152 Strathmore Rd, Unit 1 | 152 Strathmore Rd | 1BR,1BA | $0.20 |
| 12 Brock St, Unit #4 | 12 Brock St | 1BR,1BA | $0.21 |
| 180 North Beacon St | 180 North Beacon St | 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 ArticleThe 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 ArticleCash 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 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 $2,300 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

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.

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!

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.

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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
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.