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Rent Specials
$1,200
Total Monthly Price
Studio Apartments Available Apr 20Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
Colton Apartments
588 Main StWorcester, MA 01608
Cheap Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $900 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Institute Park area of Worcester.
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$1,309 - $1,734
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowResidences on Lincoln Square, A 55+ Community
2 Lincoln StWorcester, MA 01609
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$1,325Studio Apartments Available Now
76 Franklin St
76 Franklin StWorcester, MA 01608
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$1,335Studio Apartments Available Now
8 Portland St
8 Portland StWorcester, MA 01608
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$1,350Studio Apartments Available Now
8 Portland St
8 Portland StWorcester, MA 01608
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$1,350Studio Apartments Available Now
50 Franklin St
50 Franklin StWorcester, MA 01608
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$1,350Studio Apartments Available Apr 14
50 Franklin St
50 Franklin StWorcester, MA 01608
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Rent Specials
$1,350 - $1,875
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBancroft On The Grid
50 Franklin StWorcester, MA 01608
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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$1,365Studio Apartments Available Now
8 Portland St
8 Portland StWorcester, MA 01608
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$1,375Studio Apartments Available Now
76 Franklin St
76 Franklin StWorcester, MA 01608
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$1,375 - $1,450
Plus Fees
Studio Apartments Available Mar 20New Park on the Grid
74-78 Franklin StWorcester, MA 01608
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$1,400Studio Apartments Available Now
507 Main St
507 Main StWorcester, MA 01608
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$1,400Studio Apartments Available Mar 14
82 Franklin St
82 Franklin StWorcester, MA 01608
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Rent Specials
$1,400 - $2,350
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Plaza on the Grid
507 Main StWorcester, MA 01608
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$1,425Studio Apartments Available May 14
76 Franklin St
76 Franklin StWorcester, MA 01608
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$1,450Studio Apartments Available Apr 14
50 Franklin St
50 Franklin StWorcester, MA 01608
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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$1,450Studio Apartments Available May 14
76 Franklin St
76 Franklin StWorcester, MA 01608
34 Irving St
WorcesterMA01609
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$1,450Studio Apartments Available Now
27 Bowdoin St
27 Bowdoin StWorcester, MA 01609
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$1,475Studio Apartments Available Now
60 Franklin St
60 Franklin StWorcester, MA 01608
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$1,5001 Bedroom Apartments Available Now
34 William St
34 William StWorcester, MA 01609
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$1,500Studio Apartments Available Now
8 Portland St
8 Portland StWorcester, MA 01608
5-7 Pleasant St
WorcesterMA01609
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$1,575Studio Apartments Available Now
26 Portland St
26 Portland StWorcester, MA 01608
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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$1,575Studio Apartments Available Now
26 Portland St
26 Portland StWorcester, MA 01608
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$1,5751 Bedroom Apartments Available Mar 14
50 Franklin St
50 Franklin StWorcester, MA 01608
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2 Bedroom Apartments
30 Cedar St
30 Cedar StWorcester, MA 01609
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Studio to 1 Bedroom Apartments
Houghton On The Grid
80-82 Franklin StWorcester, MA 01608
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1 to 2 Bedroom Apartments
The Cedar House
1-3 Cedar StWorcester, MA 01609
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1 to 2 Bedroom Apartments
18 Lancaster St
18 Lancaster StWorcester, MA 01609
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Studio to 3 Bedroom Apartments
Merrick at the Square
73 Merrick StWorcester, MA 01609
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Studio to 2 Bedroom Apartments
Chatham Street Lofts
6 Chatham StWorcester, MA 01609
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.
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Studio to 3 Bedroom Apartments
Sudbury Street Lofts
13 Sudbury StWorcester, MA 01609
Showing Results 1-33, Page 1 of 1
Institute Park, Worcester, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Institute Park?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Institute Park Studio Apartments | $1,599 | $1,200 | $2,479 |
| Institute Park 1 Bedroom Apartments | $1,875 | $1,309 | $2,674 |
| Institute Park 2 Bedroom Apartments | $2,433 | $1,650 | $4,149 |
| Institute Park 3 Bedroom Apartments | $2,557 | $2,150 | $3,346 |
| Institute Park 4 Bedroom Apartments | $3,050 | $2,200 | $5,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Institute Park Neighborhood of Worcester, MA.
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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 Bancroft On The Grid priced from $1,350. Park Plaza on the Grid has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Institute Park apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bancroft On The Grid | WS200 | Studio,1BA | $1,350 |
| Park Plaza on the Grid | 0BR/1.0BA | Studio,1BA | $1,400 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| 145 Front at City Square | Studio Floorplans | Studio,1BA | $1,904 |
| The 6Hundred | 2x1A | 2BR,1BA | $1,994 |
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2BA | $2,900 |
Best Value Apartments for Rent in Institute Park, MA
As of February 26, 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 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 Institute Park 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 |
| 5 Dayton Pl, Unit 2 | 5 Dayton Pl | 3BR,1BA | $1.92 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| The 6Hundred | 1x1G | 1BR,1BA | $2.92 |
| 145 Front at City Square | Studio Floorplans | Studio ,1BA | $3.10 |
| Portland on the Grid | 0BR/1.0BA | Studio ,1BA | $2.75 |
| Bancroft On The Grid | WS200 | Studio ,1BA | $5.29 |
| Park Plaza on the Grid | 0BR/1.0BA | Studio ,1BA | $5.60 |
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 $2,900.
What is the price of a cheap apartment in Institute Park?
The cheapest apartment in Institute Park is Residences on Lincoln Square, A 55+ Community which is listed at $1,309, 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 1 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 $461 which is $4,039 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
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.