Cheap Apartments for Rent in the Olmsted Neighborhood of Swampscott, MA from $900 (26 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 the Olmsted area of Swampscott.

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 145 Munroe St

145 Munroe St

LynnMA01901
property at 472 Essex St

472 Essex St

LynnMA01902
property at 55 Broad St

55 Broad St

LynnMA01902
close
View Me
Cobbet Hill
1 Bedroom Apartments

Cobbet Hill

498 Essex StLynn, MA 01902
close
View Me
Floating Bridge Pond
2 Bedroom Apartments

Floating Bridge Pond

627-631 Eastern AveLynn, MA 01902
  • Utilities Included
close
View Me
131 Ocean St
1 Bedroom Apartments

131 Ocean St

131 Ocean StLynn, MA 01902
close
View Me
Mosaic
Studio to 1 Bedroom Apartments

Mosaic

75 Baldwin StLynn, MA 01902
  • Utilities Included

Olmsted, Swampscott, MA Local Guide

Cheapest Available Olmsted Apartments for Rent

 

The cheapest available apartment rental in the Olmsted area of Boston, MA is a Studio unit found at Market Street Apartments priced from $1,550. THE ESSEX has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable Olmsted apartments for rent in Boston, MA:

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
Breakwater North HarborS1BStudio,1BA$1,856
The Oxford Lynn1 Bed - 061BR,1BA$1,950

Best Value Apartments for Rent in Olmsted, MA

As of March 26, 2025 the best value apartment in the Olmsted 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 Olmsted apartment is the 2BR/1.0BA Model at THE ESSEX starting at $2,225 with a $0.22 price per square foot in the Central neighborhood. Here is today’s list of the best values for Olmsted apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
85 Timson St, Unit #185 Timson St2BR,1BA$0.24
THE ESSEX2BR/1.0BA2BR,1BA$0.22
35 Pacific St, Unit #235 Pacific St2BR,1BA$1.73
Bell North ShoreB2D2BR,2BA$2.60
Eagle Rock Apartments at SwampscottB12BR,2BA$2.43
57 Estes St, Unit 3rd Floor57 Estes St3BR,1BA$2.52
150 Lynnway, Unit 608150 Lynnway2BR,1.5BA$2.22
55 Pine St, Unit #255 Pine St2BR,1BA$2.45
56 Broad St, Unit #256 Broad St1BR,1BA$2.10
8 Nahant Pl, Unit #3018 Nahant Pl1BR,1BA$2.47

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

Pet Friendly Lifestyle
Olmsted, Swampscott, MA

Ranked #1

Among neighborhoods in Swampscott, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Olmsted Apartments

What is a cheap apartment in Olmsted?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olmsted is under $1,950.

What is the price of a cheap apartment in Olmsted?

The cheapest apartment in Olmsted is 11-17 Beach Road Apartments which is listed at $1,800, while the average apartment in Olmsted costs $4,100.

What types of apartments are the cheapest in Olmsted?

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 30 regular apartments in Olmsted 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 Olmsted?

Cheap apartments in Olmsted have an average cost of $303 which is $3,797 cheaper than the average rent for all rentals in Olmsted.

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.