
Cheap Apartments for Rent in the Federal Square Neighborhood of Worcester, MA from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Square area of Worcester.


Total Monthly Price
25 Wyman St, Unit Unit 1. available in June

42 Vernon St

10 Allen St

10 Allen St

78 Elm St

Aurora Apartments

776 Main St
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.

76 Franklin St

8 Portland St

8 Portland St

Total Monthly Price
586 Pleasant St, Unit Room 2

8 Portland St

76 Franklin St

76 Franklin St

Portside on the Grid
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.

New Park on the Grid

Total Monthly Price
Colton Apartments

76 Franklin St

60 Franklin St

8 Portland St

34 William St

34 William St

Total Monthly Price
41 Hollywood St, Unit 3
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

Total Monthly Price
41 Hollywood St., Unit Apt 2

34 Irving St

Bancroft On The Grid

25 Columbia St

8 Allen St

46 Irving St

Hadley Apartments

30 Cedar St
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.

21 Heywood St

Houghton On The Grid

The Cedar House

18 Lancaster St

Canal Lofts

Merrick at the Square

The Central Building Residences

120 Dorchester Street
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.

6 Chatham St

133 Millbury St

Sudbury Street Lofts
Federal Square, Worcester, MA Local Guide

How much does it cost to rent an apartment in Federal Square?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Federal Square Studio Apartments | $1,807 | $1,250 | $2,340 |
| Federal Square 1 Bedroom Apartments | $2,164 | $679 | $3,999 |
| Federal Square 2 Bedroom Apartments | $2,622 | $1,500 | $4,800 |
| Federal Square 3 Bedroom Apartments | $2,508 | $1,800 | $4,069 |
| Federal Square 4 Bedroom Apartments | $2,782 | $900 | $5,300 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Federal Square Neighborhood of Worcester, MA.
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Federal Square, Worcester, MA Local Guide
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Cheapest Available Federal Square Apartments for Rent
 The cheapest available apartment rental in the Federal Square area of Worcester, MA is a 1 Bed unit found at Residences on Lincoln Square, A 55+ Community priced from $679. Aurora Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,270. Here are the most affordable Federal Square apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on Lincoln Square, A 55+ Community | Studio | 1BR,1BA | $679 |
| Aurora Apartments | Studio | Studio,1BA | $1,270 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,364 |
| New Park on the Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,525 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| 145 Front at City Square | Studio Floorplans | Studio,1BA | $1,719 |
Best Value Apartments for Rent in Federal Square, MA
As of January 27, 2026 the best value apartment in the Federal Square area is the $1.72 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $3,089. The second greatest value Federal Square apartment is the 2 Bed 1 Bath Model at Junction Shop Lofts starting at $2,080 with a $1.32 price per square foot in the West Tatnuck neighborhood. Here is today’s list of the best values for Federal Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2.5BA | $1.72 |
| Junction Shop Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| 9 Townsend St, Unit 3 | 9 Townsend St | 4BR,1BA | $1.53 |
| 37 Vernon St, Unit 2 | 37 Vernon St | 3BR,1BA | $1.49 |
| 61 Vernon St, Unit 3rd Floor | 61 Vernon St | 3BR,1BA | $1.39 |
| 24 Crown St, Unit 3 | 24 Crown St | 3BR,1BA | $1.64 |
| 5 Clifton St, Unit 3 | 5 Clifton St | 3BR,1BA | $1.67 |
| 22 Gage St, Unit Unit 3 | 22 Gage St | 3BR,1BA | $1.67 |
| 41 Hollywood St., Unit Apt. 1 | 41 Hollywood St. | 2BR,1BA | $1.73 |
| 41 Hollywood St., Unit Apt 2 | 41 Hollywood St. | 1BR,1BA | $1.50 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 LifestyleFederal Square, Worcester, MA
Ranked #4
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Federal Square, Worcester, MA
School data provided by Great Schools
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 $1,719.
What is the price of a cheap apartment in Federal Square?
The cheapest apartment in Federal Square is Residences on Lincoln Square, A 55+ Community which is listed at $679, while the average apartment in Federal Square costs $2,645.
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 17 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 $2,484 cheaper than the average rent for all rentals in Federal Square.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.