Cheap Apartments for Rent in Lynn, MA from $900 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lynn.

property at 64 Market St

64 Market St

LynnMA01901
property at 585 Essex St

585 Essex St

LynnMA01901

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property at 472 Essex St

472 Essex St

LynnMA01902
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Cobbet Hill
1 Bedroom Apartments

Cobbet Hill

498 Essex StLynn, MA 01902
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132-138 S Common St
Studio to 3 Bedroom Apartments

132-138 S Common St

132-138 S Common StLynn, MA 01902
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Riverway Apartments
Studio to 2 Bedroom Apartments

Riverway Apartments

6 Needhams Landing RdLynn, MA 01905
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Floating Bridge Pond
2 Bedroom Apartments

Floating Bridge Pond

627-631 Eastern AveLynn, MA 01902
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25 Woodman St
2 Bedroom Apartments

25 Woodman St

25-27 Woodman StLynn, MA 01905
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Mosaic
Studio to 1 Bedroom Apartments

Mosaic

75 Baldwin StLynn, MA 01902
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131 Ocean St
1 Bedroom Apartments

131 Ocean St

131 Ocean StLynn, MA 01902
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Warden Place
1 to 2 Bedroom Apartments

Warden Place

5 Warden StSaugus, MA 01906
Showing Results 1-48, Page 1 of 1

Lynn, MA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 04/25/2025

Current apartment rentals in the Lynn, 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 Lynn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lynn Waterfront$4,300$1,500331
Downtown Lynn$4,500$1,550315

Cheapest Available Lynn Apartments for Rent

 

The cheapest available apartment rental in Lynn, MA is a Studio unit found at Market Street Apartments in the Central neighborhood priced from $1,550. THE ESSEX in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,575. Here is today’s list of the most affordable Lynn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Market Street ApartmentsStudioStudio,1BA$1,550
THE ESSEX0BR/1.0BAStudio,1BA$1,575
BayView Apartments66 Studio ClassicStudio,1BA$1,600
11-17 Beach Road Apartments17 Beach Rd- Small1 Bedroom 1 Bathroom1BR,1BA$1,800
The Vault0BR/1.0BAStudio,1BA$1,850

Best Value Apartments for Rent in Lynn, MA

As of April 25, 2025 the best value apartment in the Lynn area is the $0.22 price per square foot 17 Hanson Rd Model at 17 Hanson Rd, Unit #1 in the in the East Saugus neighborhood starting from $2,200. The second greatest value Lynn apartment is the 12 Hanson Rd Model at 12 Hanson Rd, Unit #2 starting at $2,500 with a $0.25 price per square foot in the East Saugus neighborhood. Here is today’s list of the best values for Lynn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
17 Hanson Rd, Unit #117 Hanson Rd2BR,1BA$0.22
12 Hanson Rd, Unit #212 Hanson Rd2BR,1BA$0.25
21 Essex St, Unit #621 Essex St3BR,1BA$0.27
23 Essex St, Unit #423 Essex St1BR,1BA$0.15
44 Pearson St44 Pearson St3BR,2BA$2.27
45 Pearson St45 Pearson St3BR,2BA$2.27
150 Allen Ave, Unit 1150 Allen Ave3BR,3BA$1.87
Eagle Rock Apartments at SwampscottB12BR,2BA$2.25
33 Bristow St, Unit #133 Bristow St2BR,1BA$2.33
56 Broad St, Unit #256 Broad St1BR,1BA$2.10

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Lynn Overview

Offering sweeping views of the Atlantic Ocean and positioned just a few short miles from the Boston line, Lynn is an in-demand hub of the greater New england scene. With plenty in the way of nearby amenities, not to mention captivating architecture and a history-rich assortment of landmarks, a Lynn apartment is an excellent choice for anyone eager to connect with a new place to call home in Massachusetts.

Why live in Lynn, MA?

A city with much to offer, a rental in Lynn is always in high demand. From the seaside scenery to the abundance of public parks and everall charming ambianc that seems to permeate the city itself, Lynn receives high marks on a variety of levels. From the luxury of Fay Estates to the convenience and retail shopping of downtown, this is one New England hot spot that definitely lives up to the hype.

Best Local Schools in
Lynn, MA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lynn, MA Rentals by Map

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See the most popular apartments and homes in Lynn, MA

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Getting Around Lynn, MA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Lynn, MA Area Reviews

  • Traffic
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Frequently Asked Questions about Cheap Lynn Apartments

What is a cheap apartment in Lynn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynn is under $1,850.

What is the price of a cheap apartment in Lynn?

The cheapest apartment in Lynn is 11-17 Beach Road Apartments which is listed at $1,800, while the average apartment in Lynn costs $4,400.

What types of apartments are the cheapest in Lynn?

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 6 regular apartments in Lynn 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 Lynn?

Cheap apartments in Lynn have an average cost of $232 which is $4,168 cheaper than the average rent for all rentals in Lynn.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.