
Cheap Apartments for Rent in the Lake Avenue Neighborhood of Worcester, MA from $900 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Avenue area of Worcester.


Eastview Apartments

602 Grafton St, Unit 2

109 Green Hill Pkwy

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9 Branch St, Unit 3

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14 Arthur St, Unit 2 2nd Floor

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Wexford Village

39 Wigwam Ave, Unit 2

7 Village St, Unit 4

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72 Fairmont Ave, Unit 72 B 2nd Floor
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

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81 Merrifield St

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101 Fairmont Ave, Unit 2

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1 Vinton St, Unit 1B

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Ledgewood Court Apartments

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Edge Worcester

174 Ingleside Ave

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5 Seward St, Unit Apt #3

249 Lincoln St, Unit 3L

22 Inverness Ave, Unit 2D

89 Orient St
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52 Atlanta St

437 Sunderland Rd, Unit J

433 Sunderland Rd, Unit E

34 Shamrock St, Unit 2

68 Everard St

34 Shamrock St

22 Waverly St

PRINCETON PLACE APARTMENTS

165 Ingleside Ave

100 Wall St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

143 Providence St, Unit Apt 6

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Alexan Quin

41 Orient St

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23 Wilson St, Unit 3rd Floor

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8 Seward Street, Unit 3rd Floor

50 Adams St

96 Stanton St

17 Upsala St

376 Sunderland Rd, Unit 14

56 Goldthwaite Rd
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

249 Lincoln St, Unit 2R

91 Stanton St

74 Wall St

308 Plantation St

49-51 Houghton St, Unit 2

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31 Orne St, Unit 2

4 Vernon Terrace

9 Mount Vernon

21 Heywood St

10 Revere St
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Lake Avenue, Worcester, MA Local Guide

How much does it cost to rent an apartment in Lake Avenue?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Lake Avenue Studio Apartments | $1,801 | $1,200 | $2,490 |
| Lake Avenue 1 Bedroom Apartments | $2,280 | $1,350 | $2,735 |
| Lake Avenue 2 Bedroom Apartments | $2,598 | $1,550 | $3,368 |
| Lake Avenue 3 Bedroom Apartments | $2,620 | $900 | $4,355 |
| Lake Avenue 4 Bedroom Apartments | $2,728 | $2,300 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 2 mile radius of the Lake Avenue Neighborhood of Worcester, MA.
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Lake Avenue, Worcester, MA Local Guide
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Cheapest Available Lake Avenue Apartments for Rent
 The cheapest available apartment rental in the Lake Avenue area of Worcester, MA is a 1 Bed unit found at Ledgewood Court Apartments priced from $1,750. Wexford Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,755. Here are the most affordable Lake Avenue apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
| Wexford Village | The Concord | 1BR,1BA | $1,755 |
| Alexan Quin | Beacon | Studio,1BA | $1,940 |
| 50 Adams St | AD306 | 2BR,2BA | $1,950 |
| Edge Worcester | 06 | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Lake Avenue, MA
As of July 29, 2026 the best value apartment in the Lake Avenue area is the $1.44 price per square foot 14 Perkins St Model at 14 Perkins St, Unit 2 in the in the Biotech Park neighborhood starting from $2,600. The second greatest value Lake Avenue apartment is the 33 Providence St Model at 33 Providence St starting at $3,000 with a $1.67 price per square foot in the Elm Park neighborhood. Here is today’s list of the best values for Lake Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 14 Perkins St, Unit 2 | 14 Perkins St | 4BR,1BA | $1.44 |
| 33 Providence St | 33 Providence St | 5BR,1BA | $1.67 |
| 70 Seymour St | 70 Seymour St | 4BR,1BA | $1.73 |
| 61 Cohasset St, Unit 1 | 61 Cohasset St | 4BR,1BA | $1.80 |
| 5 Seward St, Unit Apt #3 | 5 Seward St | 3BR,1BA | $1.24 |
| 7 Rena St | 7 Rena St | 3BR,1BA | $1.57 |
| 70 Harrison St, Unit 2 | 70 Harrison St | 3BR,1BA | $1.76 |
| 31 Orne St, Unit 2 | 31 Orne St | 3BR,1BA | $1.67 |
| 14 Arthur St, Unit 2 2nd Floor | 14 Arthur St | 2BR,1BA | $1.60 |
| 101 Fairmont Ave, Unit 2 | 101 Fairmont Ave | 2BR,1BA | $1.75 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLake Avenue, Worcester, MA
Ranked #24
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Avenue, Worcester, MA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Massachusetts, including Worcester. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lake Avenue Apartments
What is the Cheapest Studio apartment in Lake Avenue?
Currently the most affordable Cheap Studio Apartment in Lake Avenue is at Alexan Quin listed at $1,940.
How much is rent for a Cheap One Bedroom Lake Avenue Apartment?
The lowest price for a Cheap One Bedroom Lake Avenue Apartment is $1,750 at Ledgewood Court Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Avenue is starting from $1,900 at Ledgewood Court Apartments.
What is the most affordable Lake Avenue Three Bedroom Apartment?
The best deal on a cheap Lake Avenue Three Bedroom Apartment rental is at 42-44 Gage St and starts from $2,025.
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

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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.