Cheap Apartments for Rent in the Downtown Lowell Neighborhood of Lowell, MA from $900 (4 Rentals)

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Appleton Mills
Studio to 2 Bedroom Apartments

Appleton Mills

219 Jackson StLowell, MA 01852

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Cheapest Neighborhoods for Apartments in Downtown Lowell, MA

Pricing Updated: 03/21/2025

Current apartment rentals in the Downtown Lowell, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Downtown Lowell Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Best Value Apartments for Rent in Downtown Lowell, MA

As of March 21, 2025 the best value apartment in the Downtown Lowell area is the $2.25 price per square foot Three Bedroom Model at The Apartments at Boott Mills in the in the Downtown Lowell neighborhood starting from $3,299. The second greatest value Downtown Lowell apartment is the 2 Bedroom Model at 24 Merrimack Street Apartments starting at $2,005 with a $1.68 price per square foot in the Downtown Lowell neighborhood. Here is today’s list of the best values for Downtown Lowell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at Boott MillsThree Bedroom3BR,3BA$2.25
24 Merrimack Street Apartments2 Bedroom2BR,1BA$1.68
The Residences at The Franco2 Bedroom "Residences at the Franco"2BR,1BA$2.32
Massachusetts MillsMass Mills III 2BR/2BA2BR,2BA$2.95
Loft Two SevenCounting House Lofts 71 Two Bedroom2BR,2BA$2.86
Skyline CommonsTwo Bedroom2BR,1BA$2.61
Princeton Park Apartments2 Bedroom Dog Friendly2BR,1BA$2.40
55 3rd W St, Unit 155 3rd W St3BR,1BA$2.82
Middlesex Gardens1 Bedroom1BR,1BA$2.13
River Place Towers1 Bedroom1BR,1BA$2.73

Getting Around the Downtown Lowell Neighborhood in Lowell, MA

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

59 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lowell Apartments

What is the price of a cheap apartment in Downtown Lowell?

The cheapest apartment in Downtown Lowell is River Place Towers which is listed at $1,391, while the average apartment in Downtown Lowell costs $2,849.

What types of apartments are the cheapest in Downtown Lowell?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,285 regular apartments in Downtown Lowell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Lowell?

Cheap apartments in Downtown Lowell have an average cost of $768 which is $2,081 cheaper than the average rent for all rentals in Downtown Lowell.

Expert Rental Resources

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The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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