Cheap Homes for Rent in the Downtown Watertown Neighborhood of Watertown, MA from $900 (64 Rentals)

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

property at 60 Undine Rd

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

6 Bedroom, 2 Bath Home for Rent

Available Sep 1

60 Undine Rd

BostonMA02135

Boston's Best Affordable Neighborhoods

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property at 100 Lanark Rd

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

100 Lanark Rd, Unit A B

100 Lanark Rd
BostonMA02135

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 90 Kilsyth Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

90 Kilsyth Rd

BostonMA02135
property at 2001 Commonwealth Ave

$1,700 - $3,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio To 2 Bedroom Rentals

Available Now

property at 247 Chestnut Hill Ave

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Now

property at 28 Colborne Rd

$1,800 - $2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio To 1 Bedroom Rentals

Available Now

28 Colborne Rd

BostonMA02135
property at 66 Homer Ave

$1,825 - $2,715

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

Studio To 2 Bedroom Rentals

Available Now

66 Homer Ave

CambridgeMA02138
property at 555 Washington St

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Rentals

Available Sep 1

555 Washington St, Unit 1

555 Washington St
BostonMA02135
property at 1840 Commonwealth Ave

$1,895 - $2,395

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895 - $2,395

Total Monthly Price
$1,895 - $2,395

Studio To 2 Bedroom Condos for Rent

Available Sep 1

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 28 Commonwealth Rd

$1,900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

28 Commonwealth Rd

WatertownMA02472
property at 227 Chestnut Hill Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

property at 365 Faneuil St

$1,900

Total Monthly Price8 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

365 Faneuil St, Unit 2

365 Faneuil St
BostonMA02135
property at 70 Strathmore Rd

$1,950 - $2,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio To 2 Bedroom Rentals

Available Sep 1

70 Strathmore Rd

BostonMA02135

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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
286 & 288 Chestnut Hill AvenueStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
61 Selkirk Rd, Unit 1061 Selkirk Rd1BR,1BA$0.24
62 Brock St, Unit 262 Brock StStudio ,1BA$0.22
132 Sutherland Rd, Unit A132 Sutherland Rd1BR,1BA$0.21
7 Lothian Rd, Unit 37 Lothian Rd1BR,1BA$0.22
198 Strathmore Rd, Unit 3198 Strathmore Rd1BR,1BA$0.23
258 Chestnut Hill Ave, Unit 1258 Chestnut Hill AveStudio ,1BA$0.22
193 Strathmore Rd, Unit 10193 Strathmore Rd1BR,1BA$0.20
126 Englewood Ave126 Englewood Ave1BR,1BA$0.25
131 Sutherland Rd, Unit H131 Sutherland Rd2BR,1BA$0.26
77 Chiswick Rd, Unit 277 Chiswick Rd1BR,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.

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Real 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 Article
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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.

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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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Frequently Asked Questions about Downtown Watertown

What type of rentals are currently available in Downtown Watertown?

There are currently 916 Apartments for Rent in Downtown Watertown, MA with pricing that ranges from $950 to $13,500. There are also 1496 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Watertown ranging from $900 to $24,000.

What is the current price range for Rental Homes in Downtown Watertown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Watertown ranges from $900 to $24,000 with an average monthly rent of $3,393.

How much are larger Three and Four Bedroom Rentals in Downtown Watertown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Watertown range from $1,033 to $7,542, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,310 to $9,650. Four Bedroom Single-Family rentals are also available starting from $1,175 and Four Bedroom Apartments start at $950.

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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