
Cheap Homes for Rent in Federal Square Neighborhood of Worcester, MA from $600 (54 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Square area of Worcester.


150 Belmont St

158B Beacon St

15 Hawley St, Unit 2

15 Hawley St, Unit 1

158B Beacon St

3 State St, Unit B1

50 Franklin St, Unit 704

76 Franklin St, Unit 6

76 Franklin St, Unit 17
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.

76 Franklin St, Unit 39

76 Franklin St, Unit 40

76 Franklin St, Unit 15

76 Franklin St, Unit 16

507 Main St, Unit 402

60 Merrick St, Unit 1L

50 Franklin St, Unit 726

507 Main St, Unit 702

8 Portland St, Unit 304

50 Franklin St, Unit 416
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.

50 Franklin St, Unit 1005

50 Franklin St, Unit 926

50 Franklin St, Unit 716

8 Portland St, Unit 206

7 Mt Pleasant St, Unit 2L

24 Charlton St, Unit 16

34 William St, Unit A

50 Franklin St, Unit 1014

50 Franklin St, Unit 210

26 Portland St, Unit 233
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.

50 Franklin St, Unit 907

50 Franklin St, Unit 421

507 Main St, Unit 801

50 Franklin St, Unit 805

60 Franklin St, Unit 401

507 Main St, Unit 810

50 Franklin St, Unit 822

507 Main St, Unit 303

50 Franklin St, Unit 522

82 Franklin St, Unit 307
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

26 Portland St, Unit 225

26 Portland St, Unit 223

50 Franklin St, Unit 620

146 Chandler St, Unit 7

50 Franklin St, Unit 307

50 Franklin St, Unit 528

507 Main St, Unit 503

50 Franklin St, Unit 929

50 Franklin St, Unit 1023

123 Westfield 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.
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 | $2,206 | $1,700 | $2,750 |
| Federal Square 3 Bedroom Homes for Rent | $2,254 | $1,050 | $3,200 |
| Federal Square 5 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 54 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,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 | WS200 | Studio,1BA | $1,425 |
| Portside on the Grid | 0BR/1.0BA | Studio,1BA | $1,425 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,600 |
| The Revington | S1B | Studio,1BA | $1,730 |
Best Value Apartments for Rent in Federal Square, MA
As of April 23, 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 70 Seymour St Model at 70 Seymour St starting at $2,550 with a $1.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2.5BA | $1.61 |
| 70 Seymour St | 70 Seymour St | 4BR,1BA | $1.70 |
| 91 Providence St, Unit Spacious 3 bedroom unit | 91 Providence St | 3BR,1BA | $1.62 |
| 16 Hillside St | 16 Hillside St | 3BR,1BA | $1.62 |
| 10 Cottage St, Unit 1 | 10 Cottage St | 3BR,1BA | $1.88 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 69 Catharine St, Unit 3 | 69 Catharine St | 3BR,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 |
| 41 Hollywood St., Unit Apt 2 | 41 Hollywood St. | 1BR,1BA | $1.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 #7
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 472 Apartments for Rent in Federal Square, MA with pricing that ranges from $900 to $6,300. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Square ranging from $690 to $3,450.
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 $3,450 with an average monthly rent of $2,295.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.