
Cheap Studio Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $1,200 (24 Rentals)


76 Franklin St

8 Portland St

8 Portland St

Bancroft On The Grid

50 Franklin St

50 Franklin St

8 Portland St
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New Park on the Grid

76 Franklin St

Park Plaza on the Grid

507 Main St

82 Franklin St

76 Franklin St

50 Franklin St

76 Franklin St
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27 Bowdoin St

60 Franklin St

8 Portland St

26 Portland St

26 Portland St

Houghton On The Grid

Merrick at the Square

Chatham Street Lofts
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley
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 | $1,599 | $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 |
Explore Worcester
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 Bancroft On The Grid which is listed at $1,350, 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.

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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.