Cheap Apartments for Rent in the Federal Square Neighborhood of Worcester, MA from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Federal Square area of Worcester.

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.

property at 5-7 Pleasant St

5-7 Pleasant St

WorcesterMA01609
property at 153 Green St

153 Green St

WorcesterMA01604
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Hadley Apartments
1 to 3 Bedroom Apartments

Hadley Apartments

657 Main StWorcester, MA 01610
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30 Cedar St
2 Bedroom Apartments

30 Cedar St

30 Cedar StWorcester, MA 01609
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21 Heywood St
2 Bedroom Apartments

21 Heywood St

21 Heywood StWorcester, MA 01604
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Houghton On The Grid
Studio Apartments

Houghton On The Grid

80-82 Franklin StWorcester, MA 01608
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The Cedar House
1 to 2 Bedroom Apartments

The Cedar House

1-3 Cedar StWorcester, MA 01609
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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.

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18 Lancaster St
1 Bedroom Apartments

18 Lancaster St

18 Lancaster StWorcester, MA 01609
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48 Water St
1 to 2 Bedroom Apartments

48 Water St

48 Water StWorcester, MA 01604
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Portland Street Lofts
Studio to 2 Bedroom Apartments

Portland Street Lofts

26 Portland StWorcester, MA 01608
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Park Plaza on the Grid
Studio to 2 Bedroom Apartments

Park Plaza on the Grid

507 Main StWorcester, MA 01608
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Chatham Street Lofts
Studio to 2 Bedroom Apartments

Chatham Street Lofts

6 Chatham StWorcester, MA 01609
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Sudbury Street Lofts
1 to 3 Bedroom Apartments

Sudbury Street Lofts

13 Sudbury StWorcester, MA 01609
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33 Hermon
1 to 3 Bedroom Apartments

33 Hermon

33 Hermon StWorcester, MA 01610
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Federal Square, Worcester, MA Local Guide

Cheapest Available Federal Square Apartments for Rent

 

The cheapest available apartment rental in the Federal Square area of Worcester, MA is a Studio unit found at Grid District - 50 Franklin priced from $1,400. Colton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here are the most affordable Federal Square apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Grid District - 50 Franklin0BR/1.0BAStudio,1BA$1,400
Colton Apartments1x1AcT31BR,1BA$1,550
The 6Hundred1x1ArT2-1x11BR,1BA$1,693
24 Eden StThree Bedroom3BR,1BA$1,875
The CoveA1Studio,1BA$1,899

Best Value Apartments for Rent in Federal Square, MA

As of June 28, 2025 the best value apartment in the Federal Square area is the $0.72 price per square foot 70 Fox St Model at 70 Fox St, Unit # 2 Fox St in the in the Elm Park neighborhood starting from $2,300. The second greatest value Federal Square apartment is the 8 Montrose St Model at 8 Montrose St, Unit 3 starting at $2,400 with a $1.20 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Federal Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
70 Fox St, Unit # 2 Fox St70 Fox St3BR,1BA$0.72
8 Montrose St, Unit 38 Montrose St3BR,1BA$1.20
70 Seymour St, Unit 270 Seymour St4BR,1BA$1.77
14 Auburn St, Unit 114 Auburn St2BR,1BA$1.85
81 Merrifield St, Unit 181 Merrifield St3BR,1BA$2.00
24 Eden StThree Bedroom3BR,1BA$1.75
51 Houghton St, Unit 351 Houghton St3BR,1BA$2.00
26 Dover St, Unit #326 Dover St2BR,1BA$1.90
15 Arthur St15 Arthur St2BR,1BA$1.75
15 Wachusett St, Unit 315 Wachusett St2BR,1BA$1.75

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
Federal Square, Worcester, MA

Ranked #39

Among neighborhoods in Worcester, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Federal Square, Worcester, and the greater Worcester area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Federal Square Apartments

What is a cheap apartment in Federal Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Square is under $2,065.

What is the price of a cheap apartment in Federal Square?

The cheapest apartment in Federal Square is Colton Apartments which is listed at $1,550, while the average apartment in Federal Square costs $10,000.

What types of apartments are the cheapest in Federal Square?

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 3 regular apartments in Federal Square 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 Federal Square?

Cheap apartments in Federal Square have an average cost of $161 which is $9,839 cheaper than the average rent for all rentals in Federal Square.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.