Cambridge · Budget
Cambridge apartments under $1,500/month
If you're looking under $1,500 per month, you're looking at studios in mid-tier neighborhoods, sharing 2-beds, or living slightly farther from campus. The neighborhoods below in Cambridge fit this budget.
Best neighborhoods under $1,500/month in Cambridge
City Centre
Central Cambridge — Kings Parade, the Backs, walking distance to every college.
$1,000 – $2,500/mo
Mill Road
Mill Road is Cambridge's most diverse, vibrant neighbourhood — international restaurants, indie shops, popular with grad students.
$800 – $2,000/mo
Newnham
Newnham is the leafy west-of-river neighbourhood — close to Sidgwick Site (Humanities) and west colleges.
$900 – $2,200/mo
Universities in Cambridge
Frequently asked questions
Can I really find apartments under $1,500/month in Cambridge?
Yes — 3 of our covered Cambridge neighborhoods have units under $1,500/month, especially City Centre, Mill Road, Newnham.
Will I need a roommate to stay under $1,500/month in Cambridge?
Often yes — sharing a 2-bed is the most reliable way to stay under $1,500/month in Cambridge without sacrificing safety or commute.