Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $600 (46 Rentals)

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Search the lowest-cost Homes 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

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Worcester's Best Affordable Neighborhoods

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property at 29 William St

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

29 William St, Unit 22, Unit 22

29 William St
WorcesterMA01609

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Showing Results 1-46, Page 1 of 1

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 Apartments0x1Ac T2Studio,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 Grid0BR/1.0BAStudio,1BA$1,350
Park Plaza on the GridWS200Studio,1BA$1,425
Portside on the Grid0BR/1.0BAStudio,1BA$1,425
The 6Hundred1x1B1BR,1BA$1,909
145 Front at City SquareStudio FloorplansStudio,1BA$1,983

Best Value Apartments for Rent in Institute Park, MA

As of April 30, 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 $2,350 with a $1.88 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$1.88
32 John St, Unit 332 John St4BR,1BA$1.83
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.88
145 Front at City SquareStudio FloorplansStudio ,1BA$3.23
The 6Hundred1x1B1BR,1BA$3.14
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio ,1BA$2.25
Bancroft On The GridWA15001BR,1BA$3.27
Colton Apartments0x1Ac T2Studio ,1BA$3.43
Portside on the Grid0BR/1.0BAStudio ,1BA$5.09

Frequently Asked Questions about Institute Park

What type of rentals are currently available in Institute Park?

There are currently 209 Apartments for Rent in Institute Park, MA with pricing that ranges from $1,200 to $6,300. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $690 to $3,000.

What is the current price range for Rental Homes in Institute Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Institute Park ranges from $690 to $3,000 with an average monthly rent of $2,029.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.