Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $600 (17 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

11 Schussler Rd
WorcesterMA01609

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Worcester's Best Affordable Neighborhoods

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property at 38-40 Cedar St

$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

38-40 Cedar St

WorcesterMA01609
Showing Results 1-17, 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 1 Bed unit found at Residences on Lincoln Square, A 55+ Community priced from $679. The Central Building Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,364. Here are the most affordable Institute Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Residences on Lincoln Square, A 55+ CommunityStudio1BR,1BA$679
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1,364
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,525
Portland on the Grid0BR/1.0BAStudio,1BA$1,650

Best Value Apartments for Rent in Institute Park, MA

As of January 30, 2026 the best value apartment in the Institute Park area is the $1.72 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $3,089. The second greatest value Institute Park apartment is the 9 Townsend St Model at 9 Townsend St, Unit 3 starting at $2,300 with a $1.53 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$1.72
9 Townsend St, Unit 39 Townsend St4BR,1BA$1.53
24 Crown St, Unit 324 Crown St3BR,1BA$1.64
Voke LoftsTwo Bedroom Two Bath w/ Den2BR,2BA$2.49
5 Dayton Pl, Unit 25 Dayton Pl3BR,1BA$1.92
20 Eden StThree Bedroom3BR,1BA$1.84
24 Eden StThree Bedroom3BR,1BA$1.87
65 West St, Unit 265 West St1BR,1BA$1.75
Residences on Lincoln Square, A 55+ CommunityOne Bedroom1BR,1BA$1.84
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.99

Frequently Asked Questions about Institute Park

What type of rentals are currently available in Institute Park?

There are currently 208 Apartments for Rent in Institute Park, MA with pricing that ranges from $679 to $5,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $690 to $3,600.

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 $3,600 with an average monthly rent of $2,003.

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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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.