17 Federal St, Unit 705
17 Federal St
WorcesterMA01608
Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Institute Park area of Worcester.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
24 Newbury St
WorcesterMA01609
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Institute Park, Worcester, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Institute Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Institute Park 2 Bedroom Homes for Rent | $2,200 | $1,800 | $2,600 |
| Institute Park 3 Bedroom Homes for Rent | $3,116 | $2,750 | $3,600 |
| Institute Park 4 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Institute Park Neighborhood of Worcester, MA.
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Best Value Apartments for Rent in Institute Park, MA
As of May 17, 2025 the best value apartment in the Institute Park area is the $2.33 price per square foot 2 Bedroom Live/Work Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $3,227. The second greatest value Institute Park apartment is the 3BR Model at 7 Somerset St starting at $3,000 with a $2.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courthouse Lofts | 2 Bedroom Live/Work | 2BR,1BA | $2.33 |
| 7 Somerset St | 3BR | 3BR,1BA | $2.50 |
| 24 Eden St | Three Bedroom | 3BR,1BA | $1.75 |
| 127 Highland | 2 Beds, 1 bath | 2BR,1BA | $1.65 |
| 145 Front at City Square | A11 | 1BR,1BA | $2.98 |
| The 6Hundred | 1x1G | 1BR,1BA | $3.05 |
| Alta on the Row | A8 | 1BR,1BA | $3.49 |
| Audubon Plantation Ridge | Oak | 1BR,1BA | $3.09 |
| The Revington | S1A | Studio ,1BA | $4.33 |
| The Cove | A4 | Studio ,1BA | $4.98 |
Frequently Asked Questions about Institute Park
What type of rentals are currently available in Institute Park?
There are currently 207 Apartments for Rent in Institute Park, MA with pricing that ranges from $700 to $7,237. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $1,150 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 $1,150 to $3,600 with an average monthly rent of $2,333.
How much are larger Three and Four Bedroom Rentals in Institute Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Institute Park range from $700 to $4,023, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $2,400.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.