Cheap Apartments for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $800 (65 Rentals)

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78-86 Prentiss St
2 Bedroom Apartments

78-86 Prentiss St

78-86 Prentiss StWatertown, MA 02472

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 4 Ayr Rd

4 Ayr Rd

BostonMA02135

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.

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Downtown Watertown, Watertown, MA Local Guide

Cheapest Available Downtown Watertown Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
35 Orkney Rdstudios, 1 bathStudio,1BA$1,850
Reservoir Court1 Bedroom/1 Bath1BR,1BA$1,900

Best Value Apartments for Rent in Downtown Watertown, MA

As of June 29, 2025 the best value apartment in the Downtown Watertown area is the $0.21 price per square foot 11 Snow St Model at 11 Snow St, Unit 2 in the in the St. Elizabeth's neighborhood starting from $2,100. The second greatest value Downtown Watertown apartment is the 180 North Beacon St Model at 180 North Beacon St, Unit 3 starting at $2,100 with a $0.21 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.
11 Snow St, Unit 211 Snow St1BR,1BA$0.21
180 North Beacon St, Unit 3180 North Beacon St1BR,1BA$0.21
1669 Commonwealth Ave, Unit 221669 Commonwealth AveStudio ,1BA$0.20
30 Bentley St, Unit 330 Bentley StStudio ,1BA$0.19
5 Chestnut Hill Ave, Unit 2-45 Chestnut Hill AveStudio ,1BA$0.20
5 Chestnut Hill Ave, Unit 2-45 Chestnut Hill AveStudio ,1BA$0.20
77 Chiswick Rd, Unit 277 Chiswick Rd1BR,1BA$0.21
15 Euston Rd, Unit 1115 Euston RdStudio ,1BA$0.21
48 Strathmore Rd, Unit #2348 Strathmore RdStudio ,1BA$0.18
22 Shepard St, Unit B22 Shepard St1BR,1BA$0.18

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Watertown, Watertown, MA

Ranked #7

Among neighborhoods in Watertown, MA 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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,900.

What is the price of a cheap apartment in Downtown Watertown?

The cheapest apartment in Downtown Watertown is Reservoir Court which is listed at $1,900, while the average apartment in Downtown Watertown costs $23,500.

What types of apartments are the cheapest in Downtown Watertown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 44 regular apartments in Downtown Watertown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Watertown?

Cheap apartments in Downtown Watertown have an average cost of $246 which is $23,254 cheaper than the average rent for all rentals in Downtown Watertown.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.