Cheap Apartments for Rent in the Federal Square Neighborhood of Worcester, MA from $400 (33 Rentals)

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

property at 42 Vernon St

42 Vernon St

WorcesterMA01610
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Colton Apartments
Rent Specials
$1,365 - $1,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,400
Required Monthly Fees
$15

Total Monthly Price
$1,365 - $1,415
Studio Apartments Available Now

Colton Apartments

588 Main StWorcester, MA 01608
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
property at 50 Franklin St

50 Franklin St

WorcesterMA01608
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Hadley Apartments
1 to 3 Bedroom Apartments

Hadley Apartments

657 Main StWorcester, MA 01610
  • Utilities Included
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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 to 1 Bedroom Apartments

Houghton On The Grid

80-82 Franklin StWorcester, MA 01608
  • Utilities Included
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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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18 Lancaster St
1 to 2 Bedroom Apartments

18 Lancaster St

18 Lancaster StWorcester, MA 01609
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Canal Lofts
1 to 2 Bedroom Apartments

Canal Lofts

48 Water StWorcester, MA 01604
  • Utilities Included
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Chatham Street Lofts
Studio to 2 Bedroom Apartments

Chatham Street Lofts

6 Chatham StWorcester, MA 01609
  • Utilities Included

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 Aurora Apartments priced from $1,270. Merrick at the Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,309. Here are the most affordable Federal Square apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Aurora ApartmentsStudioStudio,1BA$1,270
Merrick at the SquareStudioStudio,1BA$1,309
Grid District - 50 Franklin0BR/1.0BAStudio,1BA$1,350
Colton Apartments0x1AcT3Studio,1BA$1,365
Portside on the GridWS300Studio,1BA$1,375
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Park Plaza on the Grid1BR/1.0BA1BR,1BA$1,550
Portland on the GridWS600Studio,1BA$1,575

Best Value Apartments for Rent in Federal Square, MA

As of October 12, 2025 the best value apartment in the Federal Square area is the $1.19 price per square foot 3 Bed 2 Bath Model at Junction Shop Lofts in the in the West Tatnuck neighborhood starting from $2,540. The second greatest value Federal Square apartment is the 198 Russell St Model at 198 Russell St, Unit 1st Floor starting at $2,400 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Junction Shop Lofts3 Bed 2 Bath3BR,2BA$1.19
198 Russell St, Unit 1st Floor198 Russell St3BR,2BA$1.20
144 Elm St144 Elm St4BR,1BA$1.32
Courthouse Lofts3 Bedroom Townhouse3BR,2.5BA$1.72
195 Park Ave, Unit 2195 Park Ave3BR,1BA$1.60
70 Seymour St, Unit 270 Seymour St4BR,1BA$1.70
78 Vernon St, Unit #378 Vernon St3BR,1BA$1.75
81 Merrifield St, Unit 181 Merrifield St3BR,1BA$1.88
24 Eden StThree Bedroom3BR,1BA$1.75
45 Wachusett St, Unit 245 Wachusett StStudio ,1BA$1.39

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Federal Square, Worcester, MA

Ranked #42

Among cities in Massachusetts 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 $1,575.

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

The cheapest apartment in Federal Square is Merrick at the Square which is listed at $1,403, while the average apartment in Federal Square costs $2,875.

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 21 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 $205 which is $2,670 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.

decorative image for Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.