Cheap Homes for Rent in Federal Square Neighborhood of Worcester, MA from $1,600 (41 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 29 William St

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

29 William St, Unit 22

29 William St
WorcesterMA01609

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.

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property at 10 Nuttall Ln

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

10 Nuttall Ln, Unit 3

10 Nuttall Ln
WorcesterMA01604

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.

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property at 70 Southbridge St

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Jun 13

70 Southbridge St, Unit 503

70 Southbridge St
WorcesterMA01608
property at 36 Cedar St

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

36 Cedar St, Unit 1

36 Cedar St
WorcesterMA01609

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.

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property at 11 Olga Ave

$1,890

Total Monthly Price

Total Monthly Price

Base Rent
$1,890
Total Monthly Price
$1,890

2 Bedroom, 1 Bath Condo for Rent

Available Now

11 Olga Ave

WorcesterMA01605
property at 29 William St

$1,945 - $1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,945 - $1,950
Total Monthly Price
$1,945 - $1,950

2 Bedroom, 1 Bath Condo for Rent

Available Jun 20

29 William St

WorcesterMA01609
property at 177 Washington St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

3 Bedroom, 1 Bath Condo for Rent

Available Now

177 Washington St

WorcesterMA01610
property at 18 Ashland St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

18 Ashland St

WorcesterMA01609

Worcester's Best Affordable Neighborhoods

Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

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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 1 Bed unit found at The Central Building Residences priced from $1,292. Residences on Lincoln Square, A 55+ Community 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
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1,292
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio,1BA$1,309
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,350
The 6Hundred1x1G1BR,1BA$1,487
Park Plaza on the GridWA14001BR,1BA$1,595
Portland on the Grid0BR/1.0BAStudio,1BA$1,650
145 Front at City SquareStudio FloorplansStudio,1BA$1,728
The ReedsA3Studio,1BA$1,745

Best Value Apartments for Rent in Federal Square, MA

As of June 08, 2026 the best value apartment in the Federal Square area is the $1.67 price per square foot 33 Providence St Model at 33 Providence St, Unit 33 Providence St UNIT #1 in the in the Elm Park neighborhood starting from $3,000. The second greatest value Federal Square apartment is the 70 Seymour St Model at 70 Seymour St starting at $2,600 with a $1.73 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.
33 Providence St, Unit 33 Providence St UNIT #133 Providence St5BR,1BA$1.67
70 Seymour St70 Seymour St4BR,1BA$1.73
23 Shelby St23 Shelby St3BR,1BA$1.53
16 Hillside St16 Hillside St3BR,1BA$1.62
32 John St, Unit 332 John St4BR,1BA$1.83
30 Thorne St, Unit 330 Thorne St2BR,1BA$1.59
20 Eden StThree Bedroom3BR,1BA$1.84
14 Catharine St14 Catharine St2BR,1BA$1.70
47 Everard St, Unit Daylight basement apartment47 Everard St2BR,1BA$1.89
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.79

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #7

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,200 to $6,300. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Square ranging from $1,600 to $4,500.

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 $1,600 to $4,500 with an average monthly rent of $2,669.

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.