Cheap Homes for Rent in Institute Park Neighborhood of Worcester, MA from $1,100 (42 Rentals)

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Search the lowest-cost Homes available for rent right now in the Institute Park area of Worcester.

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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 New Park on the Grid priced from $1,375. Grid District - 50 Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Institute Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Grid District - 50 Franklin0BR/1.0BAStudio,1BA$1,400
Park Plaza on the Grid1BR/1.0BA1BR,1BA$1,595
24 Eden StThree Bedroom3BR,1BA$1,875
Portland on the Grid2BR/1.0BA2BR,1BA$1,975
Courthouse Lofts1 Bedroom Annex1BR,1BA$2,130
The 6Hundred1x1H1BR,1BA$2,194
The Central Building ResidencesThree Bedroom3BR,2BA$2,393

Best Value Apartments for Rent in Institute Park, MA

As of July 26, 2025 the best value apartment in the Institute Park area is the $1.67 price per square foot 32 Dix St Model at 32 Dix St, Unit 3 bedroom in the in the West Tatnuck neighborhood starting from $2,000. The second greatest value Institute Park apartment is the Three Bedroom Model at The Central Building Residences starting at $2,393 with a $2.03 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.
32 Dix St, Unit 3 bedroom32 Dix St3BR,1BA$1.67
The Central Building ResidencesThree Bedroom3BR,2BA$2.03
24 Eden StThree Bedroom3BR,1BA$1.75
Portland on the GridWB17002BR,1.5BA$2.84
The 6Hundred1x1H1BR,1BA$2.80
Courthouse Lofts1 Bedroom Annex1BR,1BA$2.91
New Park on the Grid0BR/1.0BAStudio ,1BA$3.06
Park Plaza on the Grid1BR/1.0BA1BR,1BA$4.09
Grid District - 50 FranklinWS300Studio ,1BA$3.65

Frequently Asked Questions about Institute Park

What type of rentals are currently available in Institute Park?

There are currently 200 Apartments for Rent in Institute Park, MA with pricing that ranges from $1,309 to $4,149. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Institute Park ranging from $1,100 to $5,700.

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 $1,100 to $5,700 with an average monthly rent of $2,653.

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 $1,875 to $3,346, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $5,700. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $2,200.

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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