Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $600 (20 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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 56 Elm St

56 Elm St

WorcesterMA01609
property at 38-40 Cedar St

38-40 Cedar St

WorcesterMA01609

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-20, 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 $1,364. Here are the most affordable Institute Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Colton Apartments0x1AcT3Studio,1BA$1,200
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1,364
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,425
Portland on the Grid0BR/1.0BAStudio,1BA$1,650
Park Plaza on the Grid1BR/1.0BA1BR,1BA$1,650

Best Value Apartments for Rent in Institute Park, MA

As of December 11, 2025 the best value apartment in the Institute Park area is the $1.21 price per square foot 144 Elm St Model at 144 Elm St in the in the West Tatnuck neighborhood starting from $2,300. 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.
144 Elm St144 Elm St4BR,1BA$1.21
Courthouse Lofts3 Bedroom Townhouse3BR,2.5BA$1.72
30 Beechmont St, Unit 130 Beechmont St4BR,2BA$2.40
20 Eden StThree Bedroom3BR,1BA$1.84
24 Eden StThree Bedroom3BR,1BA$1.87
65 West St, Unit 265 West St1BR,1BA$1.75
36 Townsend St36 Townsend St4BR,1.5BA$2.80
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.99
The 6Hundred1x1B1BR,1BA$2.81
Portland on the Grid0BR/1.0BAStudio ,1BA$2.77

Frequently Asked Questions about Institute Park

What type of rentals are currently available in Institute Park?

There are currently 210 Apartments for Rent in Institute Park, MA with pricing that ranges from $1,200 to $5,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $690 to $3,790.

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 $3,790 with an average monthly rent of $2,504.

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

decorative image for Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester article

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.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!