
Cheap Studio Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $1,250 (31 Rentals)


Bancroft On The Grid

50 Franklin St, Unit 504

507 Main St, Unit 402

Park Plaza on the Grid

50 Franklin St, Unit 916

8 Portland St, Unit 506
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

New Park on the Grid

8-16 Portlad St., Unit 406

Portside on the Grid

8 Portland St, Unit 505

60 Franklin St, Unit 203

Chatham Street Lofts

60 Franklin St, Unit 302
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8 Portland St, Unit 301

76 Franklin St, Unit 107

50 Franklin St, Unit 331

76 Franklin St, Unit 19

507 Main St, Unit 1109

Total Monthly Price
The Grove Village Lofts

26 Portland St, Unit 135
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Portland on the Grid

26 Portland St, Unit 131

26 Portland St

82 Franklin St, Unit 100

50 Franklin St, Unit 1024

50 Franklin St, Unit 1005

Houghton On The Grid
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.

Residences on Lincoln Square, A 55+ Community

Merrick at the Square

Torrey Factory Lofts
Institute Park, Worcester, MA Local Guide

How much does it cost to rent an apartment in Institute Park?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
Institute Park Studio Apartments | $1,693 | $1,250 | $2,640 |
| Institute Park 1 Bedroom Apartments | $2,110 | $1,395 | $2,965 |
| Institute Park 2 Bedroom Apartments | $2,684 | $1,750 | $4,900 |
| Institute Park 3 Bedroom Apartments | $2,417 | $1,749 | $6,300 |
| Institute Park 4 Bedroom Apartments | $2,437 | $2,000 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Institute Park Neighborhood of Worcester, MA.
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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 $1,595.
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 $1,283, while the average apartment in Institute Park costs $2,143.
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 31 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 $246 which is $1,897 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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.