
Cheap Homes for Rent in the Federal Square Neighborhood of Worcester, MA from $725 (74 Rentals)
Search the lowest-cost Homes available for rent right now in the Federal Square area of Worcester.


776 Main St, Unit 16

776 Main St

50 Franklin St, Unit 504

50 Franklin St, Unit 1018

50 Franklin St, Unit 422

50 Franklin St, Unit 906

50 Franklin St, Unit 626

507 Main St, Unit 502

50 Franklin St, Unit 1024
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

507 Main St, Unit 402

50 Franklin St, Unit 916

8 Portland St, Unit 506

8-16 Portlad St., Unit 406

8 Portland St, Unit 505

60 Franklin St, Unit 203

60 Franklin St, Unit 302

50 Franklin St, Unit 216

76 Franklin St, Unit 107

50 Franklin St, Unit 331
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
16 Gates St, Unit SI FL1-ID1593938P

76 Franklin St, Unit 19

507 Main St, Unit 1109

50 Franklin St, Unit 412

50 Franklin St, Unit 217

26 Portland St, Unit 135

50 Franklin St, Unit 1019

50 Franklin St, Unit 407

26 Portland St, Unit 131

82 Franklin St, Unit 207
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

507 Main St, Unit 907

507 Main St, Unit 1007

50 Franklin St, Unit 829

50 Franklin St, Unit 708

50 Franklin St, Unit 330

50 Franklin St, Unit 722

50 Franklin St, Unit 624

78 Eastern Ave

50 Franklin St, Unit 1005

82 Franklin St, Unit 100
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

50 Franklin St, Unit 1009

50 Franklin St, Unit 810

507 Main St, Unit 307

507 Main St, Unit 308

50 Franklin St, Unit 325

50 Franklin St, Unit 323

146 Chandler St, Unit 3

50 Franklin St, Unit 220

26 Portland St, Unit 137

50 Franklin St, Unit 1013
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.
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 | $2,600 | $2,600 | $2,600 |
| Federal Square 3 Bedroom Homes for Rent | $2,485 | $1,850 | $4,900 |
| Federal Square 4 Bedroom Homes for Rent | $2,765 | $2,400 | $3,300 |
| Federal Square 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 74 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 3 Marston Way priced from $1,250. Residences on Lincoln Square, A 55+ Community has the second lowest priced unit, which is a Studio apartment currently listed from $1,283. Here are the most affordable Federal Square apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3 Marston Way | 0BR/1.0BA | Studio,1BA | $1,250 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,283 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,295 |
| New Park on the Grid | WS300 | Studio,1BA | $1,425 |
| Portside on the Grid | WS300 | Studio,1BA | $1,425 |
| 24 Charlton St | 1BR/1.0BA | 1BR,1BA | $1,450 |
| Chatham Street Lofts | Studio | Studio,1BA | $1,450 |
| Park Plaza on the Grid | 0BR/1.0BA | Studio,1BA | $1,550 |
Best Value Apartments for Rent in Federal Square, MA
As of September 06, 2026 the best value apartment in the Federal Square area is the $1.16 price per square foot 11 Groton Pl Model at 11 Groton Pl, Unit 2 in the in the Downtown Worcester neighborhood starting from $2,300. The second greatest value Federal Square apartment is the 109 Merrifield St Model at 109 Merrifield St, Unit 109 Merrifield St Unit 2 starting at $2,300 with a $1.53 price per square foot in the Biotech 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. |
|---|---|---|---|
| 11 Groton Pl, Unit 2 | 11 Groton Pl | 3BR,1.5BA | $1.16 |
| 109 Merrifield St, Unit 109 Merrifield St Unit 2 | 109 Merrifield St | 3BR,1BA | $1.53 |
| 70 Seymour St | 70 Seymour St | 4BR,1BA | $1.73 |
| 32 Dix St, Unit 3 bedrooms WPI area | 32 Dix St | 3BR,1BA | $1.56 |
| 12 Hillside St, Unit 3 | 12 Hillside St | 4BR,1BA | $1.76 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| 100 Wall St | Two Bedrooms | 2BR,1BA | $1.87 |
| 7 Jones st, Unit Apt 3 | 7 Jones st | 3BR,1BA | $1.79 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.80 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1.88 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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 502 Apartments for Rent in Federal Square, MA with pricing that ranges from $1,150 to $6,300. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Square ranging from $725 to $4,900.
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 $725 to $4,900 with an average monthly rent of $2,340.
How much are larger Three and Four Bedroom Rentals in Federal Square?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Square range from $1,749 to $6,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,200.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.