
Cheap Apartments for Rent in the Central Business District Worcester, MA from $400 (116 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Worcester.


43 Austin St, Unit 42

The Grid District

Newpark On The Grid

76 Franklin St, Unit 6

76 Franklin St, Unit 39

76 Franklin St, Unit 15

507 Main St, Unit 402

507 Main St, Unit 702

Portside on the Grid
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Park Plaza on the Grid

50 Franklin St, Unit 726

50 Franklin St, Unit 926

50 Franklin St, Unit 1005

76 Franklin St, Unit 40

8 Portland St, Unit 304

Total Monthly Price
The 6Hundred

12 Benefit St

34 William St, Unit A

50 Franklin St, Unit 210
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.

40 Aetna St, Unit G2

5-7 Pleasant St

5 Allen St, Unit 4

60 Franklin St, Unit 401

82 Franklin St, Unit 307

Portland on the Grid

50 Franklin St, Unit 307

50 Franklin St, Unit 620

50 Franklin St, Unit 822

507 Main St
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.

507 Main St, Unit 809

60 Franklin St, Unit 305

50 Franklin St, Unit 929

507 Main St, Unit 503

Total Monthly Price
101 Fairmont Ave, Unit 2

7 Cottage St

Total Monthly Price
24 Lee St, Unit 2

Total Monthly Price
14 Catharine St

Total Monthly Price
47 Everard St, Unit Daylight basement apartment

The Reeds
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.

Junction Shop Lofts

Total Monthly Price
81 Merrifield St

Total Monthly Price
Edge Worcester

74 Rodney St, Unit 3

7 Village St, Unit 4

119 West St

Total Monthly Price
Residences on Madison

507 Main St, Unit 405

26 Portland St

174 Ingleside Ave
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.
Central Business District, Worcester, MA Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Central Business District Studio Apartments | $1,698 | $1,200 | $2,294 |
| Central Business District 1 Bedroom Apartments | $2,224 | $1,493 | $3,145 |
| Central Business District 2 Bedroom Apartments | $2,778 | $1,498 | $4,400 |
| Central Business District 3 Bedroom Apartments | $2,428 | $1,750 | $6,300 |
| Central Business District 4 Bedroom Apartments | $2,517 | $1,700 | $3,580 |
Browse Apartments in this Neighborhood
There are currently 116 rentals with your search options within a 2 mile radius of the Central Business District Neighborhood of Worcester, MA.
See all Apartments in WorcesterExplore Worcester
Central Business District, Worcester, MA Local Guide
- Nearby Worcester neighborhoods
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Worcester, MA is a Studio unit found at Colton Apartments priced from $1,200. The Central Building Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,292. Here are the most affordable Central Business District apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colton Apartments | 0x1AcT3 | Studio,1BA | $1,200 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,309 |
| The Grid District | 0BR/1.0BA | Studio,1BA | $1,350 |
| The 6Hundred | 1x1G | 1BR,1BA | $1,522 |
| Park Plaza on the Grid | WA1400 | 1BR,1BA | $1,595 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| The Reeds | A3 | Studio,1BA | $1,725 |
Best Value Apartments for Rent in Central Business District, MA
As of June 11, 2026 the best value apartment in the Central Business District area is the $1.67 price per square foot 33 Providence St Model at 33 Providence St, Unit 33 Providence St UNIT #1 in the in the Elm Park neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 125 Ingleside Ave Model at 125 Ingleside Ave, Unit Unit#2 starting at $2,200 with a $1.55 price per square foot in the Downtown Worcester neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 33 Providence St, Unit 33 Providence St UNIT #1 | 33 Providence St | 5BR,1BA | $1.67 |
| 125 Ingleside Ave, Unit Unit#2 | 125 Ingleside Ave | 3BR,1BA | $1.55 |
| 23 Shelby St | 23 Shelby St | 3BR,1BA | $1.53 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 30 Thorne St, Unit 3 | 30 Thorne St | 2BR,1BA | $1.59 |
| 5 Cohasset St, Unit 1 | 5 Cohasset St | 3BR,1BA | $1.86 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| 14 Catharine St | 14 Catharine St | 2BR,1BA | $1.70 |
| 47 Everard St, Unit Daylight basement apartment | 47 Everard St | 2BR,1BA | $1.89 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1.79 |
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 LifestyleCentral Business District, Worcester, MA
Ranked #12
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Business District Apartments
What is a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,725.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is The Central Building Residences which is listed at $1,292, while the average apartment in Central Business District costs $3,000.
What types of apartments are the cheapest in Central Business District?
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 12 regular apartments in Central Business District 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 Central Business District?
Cheap apartments in Central Business District have an average cost of $496 which is $2,504 cheaper than the average rent for all rentals in Central Business District.
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.
Articles, How-To's, and Tips

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.