
Cheap Apartments for Rent in the Central Business District Worcester, MA from $400 (117 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Worcester.


43 Austin St, Unit 42

50 Franklin St, Unit 404

50 Franklin St, Unit 602

Bancroft On The Grid

776 Main St

82 Franklin St, Unit 406

New Park on the Grid

82 Franklin St, Unit 202

507 Main St, Unit 402
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

Park Plaza on the Grid

82 Franklin St, Unit 205

76 Franklin St, Unit 29

76 Franklin St, Unit 25

507 Main St, Unit 301

8 Portland St, Unit 505

8-16 Portlad St., Unit 406

Portside on the Grid

8 Portland St, Unit 506

76 Franklin St, Unit 21
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3 Almont Ave, Unit 3

Total Monthly Price
50 Franklin St, Unit 317

60 Franklin St, Unit 203

60 Franklin St, Unit 302

24 Charlton St, Unit 10

24 Charlton St, Unit 12

75 Chatham St, Unit 4

50 Franklin St, Unit 331

Total Monthly Price
507 Main St, Unit 206

76 Franklin St, Unit 19
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

146 Chandler St, Unit 7

50 Franklin St, Unit 808

60 Franklin St, Unit 405

Total Monthly Price
14 Arthur St, Unit 2 2nd Floor

50 Franklin St, Unit 929

50 Franklin St, Unit 407

50 Franklin St, Unit 624

507 Main St, Unit 803

26 Portland St, Unit 131

50 Franklin St, Unit 307
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.

26 Portland St, Unit 223

10 1/2 Ellsworth St

26 Portland St, Unit 225

Portland on the Grid

507 Main St, Unit 503

Total Monthly Price
Residences on Madison

60 Franklin St, Unit 305

507 Main St, Unit 809

119 West St

Total Monthly Price
82 Franklin St, Unit 100
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.
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 | $1,718 | $1,200 | $2,775 |
| Central Business District 1 Bedroom Apartments | $2,182 | $1,450 | $2,995 |
| Central Business District 2 Bedroom Apartments | $2,676 | $1,600 | $4,149 |
| Central Business District 3 Bedroom Apartments | $2,389 | $1,690 | $4,408 |
| Central Business District 4 Bedroom Apartments | $2,723 | $2,200 | $3,580 |
Browse Apartments in this Neighborhood
There are currently 117 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
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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 Residences on Lincoln Square, A 55+ Community priced from $1,283. 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 |
|---|---|---|---|
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,283 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,300 |
| New Park on the Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Park Plaza on the Grid | WS200 | Studio,1BA | $1,395 |
| Portside on the Grid | WS300 | Studio,1BA | $1,425 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| Residences on Madison | S1 | Studio,1BA | $1,670 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1,730 |
Best Value Apartments for Rent in Central Business District, MA
As of July 26, 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 in the in the Elm Park neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 14 Perkins St Model at 14 Perkins St, Unit 2 starting at $2,600 with a $1.44 price per square foot in the Biotech Park 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 | 33 Providence St | 5BR,1BA | $1.67 |
| 14 Perkins St, Unit 2 | 14 Perkins St | 4BR,1BA | $1.44 |
| 61 Cohasset St, Unit 1 | 61 Cohasset St | 4BR,1BA | $1.80 |
| 5 Seward St, Unit Apt #3 | 5 Seward St | 3BR,1BA | $1.24 |
| 70 Harrison St, Unit 2 | 70 Harrison St | 3BR,1BA | $1.76 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| 32 Dix St, Unit 3 bedrooms WPI area | 32 Dix St | 3BR,1BA | $1.75 |
| 101 Fairmont Ave, Unit 2 | 101 Fairmont Ave | 2BR,1BA | $1.75 |
| 14 Arthur St, Unit 2 2nd Floor | 14 Arthur St | 2BR,1BA | $1.60 |
| 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 #10
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 the Cheapest Studio apartment in Central Business District?
Currently the most affordable Cheap Studio Apartment in Central Business District is at Residences on Lincoln Square, A 55+ Community listed at $1,283.
How much is rent for a Cheap One Bedroom Central Business District Apartment?
The lowest price for a Cheap One Bedroom Central Business District Apartment is $1,292 at The Central Building Residences.
What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $1,779 at Residences on Lincoln Square, A 55+ Community.
What is the most affordable Central Business District Three Bedroom Apartment?
The best deal on a cheap Central Business District Three Bedroom Apartment rental is at 20 Eden St and starts from $2,000.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.