Cheap Homes for Rent in Lynn, MA from $1,000 (14 Rentals)

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property at 22 Atlantic St

22 Atlantic St

LynnMA01902

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

property at 333 Central St

333 Central St

SaugusMA01906

Lynn, MA Local Guide

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 03/22/2025

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$3,900$1,500407
Downtown Lynn$4,000$1,800270

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 $1,550. 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$1,550
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$1,800

Best Value Apartments for Rent in Lynn, MA

As of March 22, 2025 the best value apartment in the Lynn area is the $0.24 price per square foot 85 Timson St Model at 85 Timson St, Unit #1 in the in the East Lynn neighborhood starting from $2,400. The second greatest value Lynn apartment is the 82 Chestnut St Model at 82 Chestnut St, Unit #3 starting at $2,000 with a $0.20 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.
85 Timson St, Unit #185 Timson St2BR,1BA$0.24
82 Chestnut St, Unit #382 Chestnut St1BR,1BA$0.20
THE ESSEX2BR/1.0BA2BR,1BA$0.22
16 Hanson Rd, Unit #116 Hanson Rd2BR,1BA$0.22
19 Saugus Ave19 Saugus Ave3BR,2BA$1.88
29 Perley St, Unit 129 Perley St4BR,2.5BA$1.96
150 Allen Ave, Unit 1150 Allen Ave3BR,3BA$1.87
35 Pacific St, Unit #235 Pacific St2BR,1BA$1.73
Michaels LandingAffordable Waitlist (income restricted)2BR,2BA$2.04
56 Broad St, Unit #256 Broad St1BR,1BA$2.10

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Frequently Asked Questions about Lynn

What type of rentals are currently available in Lynn?

There are currently 505 Apartments for Rent in Lynn, MA with pricing that ranges from $1,550 to $9,464. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $1,000 to $5,000.

What is the current price range for Rental Homes in Lynn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynn ranges from $1,000 to $5,000 with an average monthly rent of $2,838.

How much are larger Three and Four Bedroom Rentals in Lynn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynn range from $2,600 to $8,161, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $3,000.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.