Cheap Homes for Rent in Lynn, MA from $1,400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
property at 16 Newhall St

16 Newhall 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

Read Article
Showing Results 1-19, Page 1 of 1

Lynn, MA Local Guide

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 04/21/2025

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
Downtown Lynn$2,700$1,7959
Lynn Waterfront$4,000$1,79516

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 21, 2025 the best value apartment in the Lynn area is the $0.15 price per square foot 23 Essex St Model at 23 Essex St, Unit #4 in the in the East Saugus neighborhood starting from $1,500. The second greatest value Lynn apartment is the 17 Hanson Rd Model at 17 Hanson Rd, Unit #1 starting at $2,200 with a $0.22 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.
23 Essex St, Unit #423 Essex St1BR,1BA$0.15
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
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$2.28
33 Bristow St, Unit #133 Bristow St2BR,1BA$2.33
56 Broad St, Unit #256 Broad St1BR,1BA$2.10

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Lynn, MA Area Reviews

  • Traffic
  • Public Transportation
  • Cost of Living
  • Safety

Frequently Asked Questions about Lynn

What type of rentals are currently available in Lynn?

There are currently 467 Apartments for Rent in Lynn, MA with pricing that ranges from $1,500 to $10,675. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $1,499 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 $1,499 to $5,000 with an average monthly rent of $3,584.

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 $2,650 to $10,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,000. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $3,500.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.