Cheap Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $600 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Institute Park area of Worcester.

property at 11 Schussler Rd

$690

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$690
Total Monthly Price
$690

1 Bedroom, 2 Bath Townhome for Rent

Available Now

11 Schussler Rd, Unit 2, Unit 2

11 Schussler Rd
WorcesterMA01609
property at 29 Irving St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available May 1

29 Irving St

WorcesterMA01609

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property at 5-7 Pleasant St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525

Studio, 1 Bath Home for Rent

Available Now

5-7 Pleasant St

WorcesterMA01609

Worcester's Best Affordable Neighborhoods

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property at 16 Bowdoin St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

16 Bowdoin St

WorcesterMA01609

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Showing Results 1-50, Page 1 of 2

Cheapest Available Institute Park Apartments for Rent

 

The cheapest available apartment rental in the Institute Park area of Worcester, MA is a Studio unit found at Colton Apartments priced from $1,200. The Central Building Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,292. Here are the most affordable Institute Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Colton Apartments0x1AcT3Studio,1BA$1,200
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 GridWS200Studio,1BA$1,350
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Portside on the GridWS300Studio,1BA$1,450
Park Plaza on the GridWA14001BR,1BA$1,650
Portland on the Grid0BR/1.0BAStudio,1BA$1,650
145 Front at City SquareStudio FloorplansStudio,1BA$1,772
The 6Hundred1x1G1BR,1BA$1,925

Best Value Apartments for Rent in Institute Park, MA

As of April 12, 2026 the best value apartment in the Institute Park 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 Institute Park apartment is the 10 Cottage St Model at 10 Cottage St, Unit 1 starting at $2,400 with a $1.92 price per square foot in the West Tatnuck neighborhood. Here is today’s list of the best values for Institute Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Courthouse Lofts3 Bedroom Townhouse3BR,2.5BA$1.61
10 Cottage St, Unit 110 Cottage St3BR,1BA$1.92
32 John St, Unit 332 John St4BR,1BA$1.83
Voke LoftsOne Bedroom1BR,1BA$3.19
The 6Hundred1x1H1BR,1BA$2.71
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.88
145 Front at City SquareStudio FloorplansStudio ,1BA$2.89
Portland on the Grid0BR/1.0BAStudio ,1BA$2.77
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio ,1BA$2.25
Park Plaza on the GridWA14001BR,1BA$3.24

Frequently Asked Questions about Cheap Institute Park Apartments

What is a cheap apartment in Institute Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Institute Park is under $1,925.

What is the price of a cheap apartment in Institute Park?

The cheapest apartment in Institute Park is The Central Building Residences which is listed at $1,292, while the average apartment in Institute Park costs $4,500.

What types of apartments are the cheapest in Institute Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Institute Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Institute Park?

Cheap apartments in Institute Park have an average cost of $381 which is $4,119 cheaper than the average rent for all rentals in Institute Park.

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

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