
Cheap Homes for Rent in Federal Square Neighborhood of Worcester, MA from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Square area of Worcester.


15XX Hawley 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.
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.

56 Elm St

38-40 Cedar St

15 Houghton 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.
Federal Square, Worcester, MA Local Guide

How much does it cost to rent a home in Federal Square?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Federal Square 2 Bedroom Homes for Rent | $2,335 | $1,800 | $2,650 |
| Federal Square 3 Bedroom Homes for Rent | $2,069 | $1,050 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 Studio unit found at Colton Apartments priced from $1,215. 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 |
|---|---|---|---|
| Colton Apartments | 0x1AcT3 | Studio,1BA | $1,215 |
| Aurora Apartments | Studio | Studio,1BA | $1,270 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,364 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,425 |
| Portland on the Grid | WS600 | Studio,1BA | $1,650 |
Best Value Apartments for Rent in Federal Square, MA
As of December 05, 2025 the best value apartment in the Federal Square area is the $1.21 price per square foot 144 Elm St Model at 144 Elm St in the in the West Tatnuck neighborhood starting from $2,300. The second greatest value Federal Square apartment is the 3 Bedroom Townhouse Model at Courthouse Lofts starting at $3,089 with a $1.72 price per square foot in the Elm Park 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. |
|---|---|---|---|
| 144 Elm St | 144 Elm St | 4BR,1BA | $1.21 |
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2.5BA | $1.72 |
| Junction Shop Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| 70 Seymour St, Unit 2 | 70 Seymour St | 4BR,1BA | $1.70 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| 24 Eden St | Three Bedroom | 3BR,1BA | $1.87 |
| 65 West St, Unit 2 | 65 West St | 1BR,1BA | $1.75 |
| 123 Endicott St, Unit #2 | 123 Endicott St | 2BR,1BA | $2.09 |
| 41 Hollywood St, Unit 3 | 41 Hollywood St | 2BR,1BA | $1.88 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1.99 |
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.
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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 #8
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
Frequently Asked Questions about Federal Square
What type of rentals are currently available in Federal Square?
There are currently 481 Apartments for Rent in Federal Square, MA with pricing that ranges from $950 to $5,800. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Square ranging from $690 to $2,650.
What is the current price range for Rental Homes in Federal Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Square ranges from $690 to $2,650 with an average monthly rent of $2,043.
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.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!














