Cheap Apartments for Rent in 05001

22 rentals

Apartments For Rent Near 05001

We found 30 more apartments matching your filters just outside 05001

Average Rent Trends in 05001

Rent in 05001 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Dec 2025$1,850
Jan 2026$1,875
Feb 2026$1,800
Mar 2026$1,900
Apr 2026$1,900
May 2026$1,800
Jun 2026$2,000
Jul 2026$2,275
Aug 2026$2,095
Sep 2026$2,095
Oct 2026$1,750
Nov 2026$1,783
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,550$2,100$3,200$3,200$1,800
Apartments and Condos$1,550$2,100$2,600—$1,650
Houses——$3,200$3,200$3,200

Frequently Asked Questions about Cheap Apartments for rent in 05001

  • How many cheap apartments are for rent in 05001?
    Trulia currently lists 24 cheap apartments for rent in 05001.
  • How much do cheap apartments in 05001 rent for?
    Rents for cheap apartments in 05001 range from $1,375 to $3,500 a month. Each listing shows its exact rent and any fees.
  • How does Trulia decide which rentals are cheap?
    This page shows rentals in the lowest price tier for apartments in 05001, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 05001?
    This page sorts apartments in 05001 from lowest rent up, starting at $1,375 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
  • What trade-offs come with the cheapest rentals?
    Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.