
Cheap Homes for Rent in Federal Square Neighborhood of Worcester, MA from $600 (53 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Square area of Worcester.


15 Hawley St

15 Hawley St

15 Hawley St

28 William St

8 Portland St

8 Portland St

50 Franklin St

50 Franklin St

8 Portland 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

76 Franklin St

76 Franklin St

82 Franklin St

76 Franklin St

50 Franklin St

76 Franklin St

27 Bowdoin St

50 Franklin St

28 William St
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.

34 William St

8 Portland St

50 Franklin St

507 Main St

50 Franklin St

26 Portland St

26 Portland St

26 Portland St

507 Main St

50 Franklin St
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

82 Franklin St

507 Main St

50 Franklin St

50 Franklin St

507 Main St

507 Main St

507 Main St

507 Main St

507 Main St

507 Main 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.

507 Main St

507 Main St

507 Main St

517 Main St

517 Main St

8 Portland St

38-40 Cedar St

50 Franklin St

50 Franklin St

36 Cedar St
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

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 | $2,155 | $1,950 | $2,500 |
| Federal Square 3 Bedroom Homes for Rent | $1,803 | $1,050 | $2,500 |
| Federal Square 5 Bedroom Homes for Rent | $3,325 | $2,850 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 53 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 $1,200. Residences on Lincoln Square, A 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,309. 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 | $1,200 |
| Residences on Lincoln Square, A 55+ Community | Grove Studio - Income Restricted | 1BR,1BA | $1,309 |
| Bancroft On The Grid | WS200 | Studio,1BA | $1,350 |
| Catharine Street Apartments | 1 BD/1 BA | 1BR,1BA | $1,400 |
| Park Plaza on the Grid | WA1400 | 1BR,1BA | $1,650 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| The Cove | A1 | Studio,1BA | $1,750 |
| Kelley Square Lofts | Studio | Studio,1BA | $1,795 |
Best Value Apartments for Rent in Federal Square, MA
As of March 09, 2026 the best value apartment in the Federal Square area is the $1.61 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $2,900. The second greatest value Federal Square apartment is the 9 Townsend St Model at 9 Townsend St, Unit 3 starting at $2,200 with a $1.47 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 | $1.61 |
| 9 Townsend St, Unit 3 | 9 Townsend St | 4BR,1BA | $1.47 |
| 24 Crown St, Unit 3 | 24 Crown St | 3BR,1BA | $1.64 |
| 91 Providence St, Unit Spacious 3 bedroom unit | 91 Providence St | 3BR,1BA | $1.77 |
| 5 Dayton Pl, Unit 2 | 5 Dayton Pl | 3BR,1BA | $1.92 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 100 Wall St | Two Bedrooms | 2BR,1BA | $1.87 |
| 41 Hollywood St., Unit Apt. 1 | 41 Hollywood St. | 2BR,1BA | $1.73 |
| 17 Winfield St, Unit 3 | 17 Winfield St | 3BR,1BA | $1.91 |
| 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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #6
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 471 Apartments for Rent in Federal Square, MA with pricing that ranges from $958 to $5,300. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Square ranging from $690 to $3,800.
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 $3,800 with an average monthly rent of $2,215.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.