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Apartments for Rent in Boston, MA under $500

Apartments for Rent in Boston, MA under $500. 6 Rentals Available
6 Rentals Available
Quick filters
  • Studio $400
    Base rent
    Verified Listing

    174 Newbury Street, Boston, MA 02116
  • Ask for pricing
    Verified Listing

    14 Mt Hood Rd, Brighton, MA 02135
    Pet friendly • Dishwasher • Air conditioner
  • Ask for pricing
    Verified Listing

    25 James Oneill Street, South Boston, MA 02127
    Pet friendly • In unit laundry • Public Transportation
  • Ask for pricing
    Income restricted
    Verified Listing

    4.5 (1)
    20 Reverend Burke Street, South Boston, MA 02127
    In unit laundry • Hardwood Floors • Public Transportation
  • Studio $225+
    Base rent
    Verified Listing

    4.0 (1)
    470 Beacon Street, Boston, MA 02116
  • Studio $375
    Base rent
    Verified Listing

    4.0 (3)
    469 Beacon Street, Boston, MA 02116
6-0-city

Frequently asked questions

When were prices and availability in Boston, MA last updated?

Prices and availability in Boston, MA were last updated on 22 Jun 2026.

What are the best apartments in Boston, MA?

The best apartments in Boston, MA are: 735 Truman Apartments, MetroMark, 1943 DOT Ave, Adams Village and The Indie.

What type of rental buildings are in Boston, MA?

In Boston, 64% of the residents are renting compared to 36% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Boston's rentals, 74% are small-scale complexes with under 50 units, and 2% are single-family rentals.

Renting apartments in Boston, MA under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 6 apartments for rent in Boston, MA from 6 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

Boston, MA is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $225 in Boston, MA, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.