
Cheap Homes for Rent in Downtown Watertown Neighborhood of Watertown, MA from $900 (129 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Watertown area of Watertown.


Room in Shared 5 bed/2 bath home

Room in Shared 5 bed/1.5 bath home

Room in Shared 4 bed/1 bath home

Room in Shared 6 bed/1.5 bath home

2 Murdock Terrace

2 Murdock Terrace

Room in Shared 5 bed/1.5 bath home

Room in Shared 4 bed/1.5 bath home
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.

Room in Shared 4 bed/2 bath home

Room in Shared 6 bed/1.5 bath home

Room in Shared 5 bed/2 bath home

1682 Commonwealth Ave

Room in Shared 7 bed/2 bath home

Room in Shared 5 bed/1.5 bath home

Room in Shared 4 bed/2 bath home

Room in Shared 9 bed/2 bath home

Room in Shared 7 bed/2 bath home

Room in Shared 4 bed/1.5 bath home
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.

Room in Shared 4 bed/1.5 bath home

Room in Shared 6 bed/2 bath home

Room in Shared 5 bed/2 bath home

Room in Shared 5 bed/1.5 bath home

Room in Shared 7 bed/2 bath home

Room in Shared 4 bed/2 bath home

71 Fairbanks St

Room in Shared 5 bed/2 bath home

Room in Shared 4 bed/1.5 bath home

Room in Shared 6 bed/2 bath home

Room in Shared 4 bed/2 bath home
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.

71 Fairbanks St

Room in Shared 6 bed/2 bath home

69 Stuart St, Unit Room D

Room in Shared 9 bed/2 bath home

Room in Shared 4 bed/1.5 bath home

Room in Shared 6 bed/4 bath home

2 Murdock Terrace

Room in Shared 4 bed/1.5 bath home

1682 Commonwealth Ave
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.

Room in Shared 6 bed/1.5 bath home

Room in Shared 5 bed/2 bath home

Room in Shared 3 bed/1 bath home

43 Orkney Rd

Room in Shared 4 bed/2 bath home

Room in Shared 7 bed/2 bath home

Room in Shared 6 bed/2 bath home

Room in Shared 5 bed/2 bath home

Room in Shared 7 bed/2 bath home

1682 Commonwealth Ave

Room in Shared 6 bed/4 bath home
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.
Downtown Watertown, Watertown, MA Local Guide

How much does it cost to rent a home in Downtown Watertown?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
Downtown Watertown 2 Bedroom Homes for Rent | $3,105 | $1,350 | $5,200 |
Downtown Watertown 3 Bedroom Homes for Rent | $3,777 | $1,150 | $10,000+ |
Downtown Watertown 4 Bedroom Homes for Rent | $4,588 | $900 | $10,000+ |
Downtown Watertown 5 Bedroom Homes for Rent | $5,259 | $900 | $10,000+ |
Downtown Watertown 6 Bedroom Homes for Rent | $7,164 | $975 | $10,000+ |
Downtown Watertown 7 Bedroom Homes for Rent | $2,790 | $1,050 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 129 rentals with your search options within a 2 mile radius of the Downtown Watertown Neighborhood of Watertown, MA.
Explore Watertown
Downtown Watertown, Watertown, MA Local Guide
- Nearby Watertown neighborhoods
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Cheapest Available Downtown Watertown Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Blair Pond Estates | Renovated Studio | Studio,1BA | $1,995 |
Best Value Apartments for Rent in Downtown Watertown, MA
As of September 15, 2025 the best value apartment in the Downtown Watertown area is the $0.20 price per square foot 26 Donnybrook Rd Model at 26 Donnybrook Rd, Unit 2 in the in the St. Elizabeth's neighborhood starting from $2,000. The second greatest value Downtown Watertown apartment is the 22 Chiswick Rd Model at 22 Chiswick Rd, Unit 11 starting at $2,000 with a $0.20 price per square foot in the Chestnut Hill 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. |
---|---|---|---|
26 Donnybrook Rd, Unit 2 | 26 Donnybrook Rd | Studio ,1BA | $0.20 |
22 Chiswick Rd, Unit 11 | 22 Chiswick Rd | Studio ,1BA | $0.20 |
141 Englewood Ave, Unit 2 | 141 Englewood Ave | Studio ,1BA | $0.20 |
193 Strathmore Rd | 193 Strathmore Rd | 1BR,1BA | $0.20 |
2016 Commonwealth Ave, Unit 2 | 2016 Commonwealth Ave | Studio ,1BA | $0.20 |
1673 Commonwealth Ave, Unit 001 | 1673 Commonwealth Ave | Studio ,1BA | $0.20 |
26 Arlington St, Unit 1 | 26 Arlington St | Studio ,1BA | $0.20 |
126 Englewood Ave, Unit 12B | 126 Englewood Ave | Studio ,1BA | $0.20 |
258 Chestnut Hill Ave, Unit 1 | 258 Chestnut Hill Ave | Studio ,1BA | $0.20 |
22 Chiswick Rd, Unit 5 | 22 Chiswick Rd | Studio ,1BA | $0.19 |
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.
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 Downtown Watertown
What type of rentals are currently available in Downtown Watertown?
There are currently 2384 Apartments for Rent in Downtown Watertown, MA with pricing that ranges from $1,000 to $17,000. There are also 1800 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Watertown ranging from $900 to $33,395.
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 $33,395 with an average monthly rent of $4,067.
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 $2,500 to $7,521, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $33,395. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,100.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.