Cheap Apartments for Rent in Lynnfield, MA from $1,000 (21 Rentals)

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

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

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

close
View Me
39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included
close
View Me
598 North
1 to 2 Bedroom Apartments

598 North

598 North AveWakefield, MA 01880
close
View Me
27-37 Water St
1 to 2 Bedroom Apartments

27-37 Water St

27-37 Water StWakefield, MA 01880

Lynnfield, MA Local Guide

Best Value Apartments for Rent in Lynnfield, MA and Nearby

As of April 13, 2025 the best value apartment in the Lynnfield area is the $1.75 price per square foot 39-41 Crescent St Model at 39-41 Crescent St, Unit #1 in the in the Greenwood neighborhood starting from $3,500. The second greatest value Lynnfield apartment is the 28 Salem St Model at 28 Salem St, Unit #1 starting at $2,700 with a $2.14 price per square foot in the Montrose neighborhood. Here is today’s list of the best values for Lynnfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
39-41 Crescent St, Unit #139-41 Crescent St2BR,2.5BA$1.75
28 Salem St, Unit #128 Salem St3BR,1BA$2.14
33 Salem St, Unit #133 Salem St3BR,1BA$2.14
Michaels LandingAffordable Waitlist (income restricted)2BR,2BA$2.04
269 Albion St, Unit #11269 Albion St2BR,1BA$2.44
271 Albion St, Unit #11271 Albion St2BR,1BA$2.44
286 Albion St, Unit #2286 Albion St1BR,1BA$2.46
287 Albion St, Unit #2287 Albion St1BR,1BA$2.46
68 Valley St, Unit #368 Valley St2BR,1BA$2.53
70 Valley St, Unit #370 Valley St2BR,1BA$2.53

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

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

Explore Lynnfield, MA Rentals by Map

View MapLynnfield, MA Apartments MapView MapLynnfield, MA Rental Homes Map

Getting Around Lynnfield, MA

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lynnfield Apartments

What is the Cheapest Studio apartment in Lynnfield?

Currently the most affordable Cheap Studio Apartment in Lynnfield is at Atwood listed at $2,230.

How much is rent for a Cheap One Bedroom Lynnfield Apartment?

The lowest price for a Cheap One Bedroom Lynnfield Apartment is $2,025 at Wakefield one, two, and three bedrooms.

What is the lowest price for a Cheap Two Bedroom Lynnfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lynnfield is starting from $2,350 at Michaels Landing.

What is the most affordable Lynnfield Three Bedroom Apartment?

The best deal on a cheap Lynnfield Three Bedroom Apartment rental is at Atwood and starts from $4,050.

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 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.

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.