Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $600 (29 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

11 Schussler Rd, Unit 2

11 Schussler Rd
WorcesterMA01609
property at 25 Institute Rd

25 Institute Rd

WorcesterMA01609

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Showing Results 1-29, 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 $1,215. Merrick at the Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,309. Here are the most affordable Institute Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Colton Apartments0x1AcT3Studio,1BA$1,215
Merrick at the SquareStudioStudio,1BA$1,309
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Portside on the GridWS300Studio,1BA$1,375
Park Plaza on the Grid1BR/1.0BA1BR,1BA$1,550
Grid District - 50 Franklin1BR/1.0BA1BR,1BA$1,550
24 Eden StThree Bedroom3BR,1BA$1,875

Best Value Apartments for Rent in Institute Park, MA

As of October 26, 2025 the best value apartment in the Institute Park area is the $1.20 price per square foot 198 Russell St Model at 198 Russell St, Unit 1st Floor in the in the West Tatnuck neighborhood starting from $2,400. The second greatest value Institute Park apartment is the 3 Bedroom Townhouse Model at Courthouse Lofts starting at $3,089 with a $1.72 price per square foot in the Elm Park 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.
198 Russell St, Unit 1st Floor198 Russell St3BR,2BA$1.20
Courthouse Lofts3 Bedroom Townhouse3BR,2.5BA$1.72
195 Park Ave, Unit 2195 Park Ave3BR,1BA$1.60
144 Russell St, Unit Russell St144 Russell St2BR,1BA$1.58
20 Eden StThree Bedroom3BR,1BA$2.03
24 Eden StThree Bedroom3BR,1BA$1.75
13 Goulding St, Unit 113 Goulding St3BR,1BA$2.20
144 Russell St, Unit 1144 Russell St2BR,1BA$1.90
45 Wachusett St, Unit 245 Wachusett StStudio ,1BA$1.33
Merrick at the SquareStudioStudio ,1BA$2.40

Frequently Asked Questions about Institute Park

What type of rentals are currently available in Institute Park?

There are currently 212 Apartments for Rent in Institute Park, MA with pricing that ranges from $1,200 to $4,400. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $690 to $3,990.

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 $3,990 with an average monthly rent of $2,084.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Written by: Christine Leonard, Esq.

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Written by: Christine Leonard, Esq.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.