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Apartments for Rent in Massachusetts under $500

24 Rentals Available
Apartments for Rent in Massachusetts under $500. 24 Rentals Available
  • a sign that reads welcome home with a blanket and a cup of coffee
    Today

    149 Main Street, Upton, MA 01568
    1 BED $1
  • Landmark Place 1 Bed Apartment for Rent
    Today

    Landmark Place, Milford, MA 01757
    1 BED $1
  • 21 Park Street Studio Apartment for Rent
    Today

    21 Park Street, Attleboro, MA 02703
    STUDIO $247+
  • an empty conference room with desks and chairs
    Today

    105 William Street, New Bedford, MA 02740
    STUDIO $500+
  • 3 Centennial Court Studio Apartment for Rent
    Today

    3 Centennial Court, Upton, MA 01568
    STUDIO $250
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  • Tierney Learning Center Exterior.
    Today

    20 Rev. Burke St., South Boston, MA 02127
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a kitchen with a stove and a refrigerator
    Today

    122 BERKSHIRE STREET, CAMBRIDGE, MA 02139
    STUDIO $50
  • an empty living room and kitchen with large windows
    Today

    25 James Oneill Street, South Boston, MA 02127
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    4 BEDS Ask for Pricing
8-0-state
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Getting around in Massachusetts, MA

28 /100
Car-Dependent
28 /100
Somewhat Bikeable
Walk Score®: 28, Bike Score®: 28

Frequently asked questions

When were prices and availability in Massachusetts last updated?

Prices and availability in Massachusetts were last updated on 20 Feb 2026.

What are the best apartments in Massachusetts?

The best apartments in Massachusetts are: The Curtis, Windsor at Cambridge Park, John Harvard Apartments, CHR Brighton Apartments and Pilot Grove.

What type of rental buildings are in Massachusetts?

In Massachusetts, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Massachusetts's rentals, 74% are small-scale complexes with under 50 units, and 9% are single-family rentals.

Renting apartments in Massachusetts under $500

Searching for apartments for rent in Massachusetts under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Massachusetts, where the average rent is $3,010 per month, there are 24 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Massachusetts. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Massachusetts going for $247 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!