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Apartments for Rent in Boston, MA under $500


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  • Studio $400
    Base rent
    Verified Listing

    174 Newbury Street

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

    14 Mt Hood Road #1

    14 Mt Hood Rd, Brighton, MA 02135
    Pet friendly • In unit laundry • Dishwasher
  • Ask for pricing
    Verified Listing

    Old Colony I

    25 James Oneill Street, South Boston, MA 02127
    Pet friendly • Laundry Facilities • Public Transportation
  • Studio $125+
    Base rent
    Verified Listing

    51 Brookline Ave

    51 Brookline Ave, Boston, MA 02215
  • Ask for pricing
    Income restricted
    20 Reverend Burke Street, South Boston, MA 02127
    Hardwood Floors • Laundry Facilities • Public Transportation
  • 5-0-city



Frequently asked questions

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

Prices and availability in Boston, MA were last updated on 12 Nov 2026.

What are the best apartments in Boston, MA?

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

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.

Search for apartments in Boston, MA under $500

There’s more than one way to spend $500 on rent in Boston, MA, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Boston, MA. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 5 apartments for rent below $500 in Boston, MA for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.