Cheapest Neighborhoods in Cambridge, MA
Some of the cheapest neighborhoods in Cambridge are Mid-Cambridge, Neighborhood Nine, and West Cambridge. These neighborhoods offer some of the lowest rent prices in Cambridge, making them ideal for renters on a budget. As of September 14, 2026, the average rent in Cambridge is $3,449, which is 4.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Mid-Cambridge
Average Rent
$2,755/Month
Year-Over-Year Rent Change
4.5%
Units Available
134 Rentals
Mid-Cambridge is a centrally located neighborhood with easy access to both Harvard and MIT. It's home to the Cambridge Public Library, a historic landmark. The neighborhood offers a range of affordable housing options, making it a popular choice for students.
Neighborhood Nine
Average Rent
$2,868/Month
Year-Over-Year Rent Change
4.6%
Units Available
74 Rentals
Neighborhood Nine combines affordability with accessibility, all while hosting some of the city's most beloved spots. This area is home to Danehy Park and the Cambridge Common, perfect for affordable recreation and leisure. Local boutiques and cafes also make daily living both enjoyable and economical in this budget-friendly, feel-good neighborhood.
West Cambridge
Average Rent
$2,907/Month
Year-Over-Year Rent Change
1.4%
Units Available
34 Rentals
Centrally located in the city's commercial district, West Cambridge has everything a renter could want. This famous shopping, dining, and entertainment hub is known for its lively atmosphere and convenient access to Harvard Square and its namesake metro station.
Aggasiz
Average Rent
$2,953/Month
Year-Over-Year Rent Change
1.9%
Units Available
43 Rentals
Aggasiz, also known as Baldwin or Harvard North, is a neighborhood rich in history and culture. It's home to the Harvard Museum of Natural History, a popular attraction among locals and visitors alike. The neighborhood also offers a range of affordable housing options, making it a popular choice for students.
Porter Square
Average Rent
$3,020/Month
Units Available
26 Rentals
Porter Square is a lively neighborhood with a range of budget-friendly eateries. It's home to the Porter Square Shopping Center, a popular spot for shopping, and the Porter Square Station, making commuting a breeze for residents. Here, renters will enjoy the urban allure of Cambridge without the high costs.
Riverside
Average Rent
$3,104/Month
Year-Over-Year Rent Change
1.8%
Units Available
77 Rentals
Riverside, also known as "Area 7", is a neighborhood rich in history and culture. It's home to the popular Hoyt Field, a great spot for outdoor activities. The neighborhood also boasts affordable housing options near the Charles River, offering scenic views.
Harvard Square
Average Rent
$3,266/Month
Year-Over-Year Rent Change
2%
Units Available
18 Rentals
When you’re looking for a great Cambridge neighborhood on a budget, check out Harvard Square. The average rent is $3,266, compared to the city average of $3,449. Rent prices have decreased by 2%. Harvard Square is convenient to Harvard Museum of Natural History, Harvard Square Station, and Mineralogical and Geological Museum.
North Cambridge
Average Rent
$3,269/Month
Year-Over-Year Rent Change
7%
Units Available
47 Rentals
Budget-conscious renters will appreciate North Cambridge's affordable living options. Alewife Brook Parkway and nearby parks offer great outdoor activities, while local diners serve as popular spots for enjoying inexpensive meals. When you live here, adventure will be right outside your doorstep.
Cambridge Highlands
Average Rent
$3,304/Month
Year-Over-Year Rent Change
6.3%
Units Available
151 Rentals
Cambridge Highlands is an affordable neighborhood in Cambridge with an average rent price of $3,304. Compare this to the city average of $3,449. In the past year, rent prices have increased by 6.3%. Cambridge Highlands provides easy access to Alewife Brook Parkway Shopping Center, Harvard University, and Alewife.
Cambridgepark
Average Rent
$3,363/Month
Year-Over-Year Rent Change
2%
Units Available
157 Rentals
If you’re looking for a great, affordable neighborhood in Cambridge, Cambridgepark might be the perfect place! It has an average rent price of $3,363, while the city’s average stands at $3,449. In the last year, prices have increased by 2%. Cambridgepark is near Longfellow National Historic Site, Lesley University, and Ball Square.
Ready to make your move to Cambridge? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.