Cheap Apartments for Rent in the Mount Vernon Neighborhood of Lawrence, MA from $1,000 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Vernon area of Lawrence.

property at 587 Haverhill St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

587 Haverhill St

LawrenceMA01841
property at 30 Lawrence St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 5 Bath Condo for Rent

Available Now

30 Lawrence St

LawrenceMA01840

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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98 Salem St
1 to 2 Bedroom Apartments

98 Salem St

98 Salem StLawrence, MA 01843
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Washington Mills
Studio to 2 Bedroom Apartments

Washington Mills

270 Canal StLawrence, MA 01840
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Salem Village
2 Bedroom Apartments

Salem Village

71-75 Salem StLawrence, MA 01843
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Saunders Crossing
Studio to 2 Bedroom Apartments

Saunders Crossing

11 Diamond StLawrence, MA 01843
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Riverside Apartments
1 to 2 Bedroom Apartments

Riverside Apartments

476-478 Riverside DrLawrence, MA 01841
  • Utilities Included
property at 350 Haverhill St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Condo for Rent

Available Jun 1

350 Haverhill St

LawrenceMA01840
property at 5 Thornton Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

5 Thornton Ave

LawrenceMA01841

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 7 Thornton Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

7 Thornton Ave

LawrenceMA01841
property at 75 Beacon St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

75 Beacon St

LawrenceMA01843
property at 46 Amesbury St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

46 Amesbury St

LawrenceMA01840
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10 Post Office Ave
$1,495 - $1,725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495 - $1,725

Total Monthly Price
$1,495 - $1,725
Studio to 1 Bedroom Apartment Available Jun 15

10 Post Office Ave

10 Post Office AveAndover, MA 01810
  • Smoke Free
property at 90 Sutton St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio, 1 Bath Condo for Rent

Available Jun 15

90 Sutton St, Unit 3B

90 Sutton St
North AndoverMA01845
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Wood Ridge Homes
1 to 4 Bedroom Apartments

Wood Ridge Homes

10 Wood Ridge DrNorth Andover, MA 01845

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Mount Vernon, Lawrence, MA Local Guide

Cheapest Available Mount Vernon Apartments for Rent

 

The cheapest available apartment rental in the Mount Vernon area of Boston, MA is a Studio unit found at Saunders Crossing priced from $1,825. 226Common - New Luxury Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here are the most affordable Mount Vernon apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Saunders CrossingThe Charles RenovatedStudio,1BA$1,825
226Common - New Luxury ApartmentsBella1BR,1BA$1,875
Museum SquareThe Essex1BR,1BA$1,900
215 Canal St1 Bedroom1BR,1BA$1,950
Pac10 LoftsD1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat1BR,1BA$1,995

Best Value Apartments for Rent in Mount Vernon, MA

As of June 01, 2026 the best value apartment in the Mount Vernon area is the $1.76 price per square foot 1 Bed 1 Bath Model at Pacific Mill Lofts in the in the Colonial Heights neighborhood starting from $1,995. The second greatest value Mount Vernon apartment is the One Bedroom Loft Standard Model at Riverwalk Lofts starting at $2,180 with a $2.23 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for Mount Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pacific Mill Lofts1 Bed 1 Bath1BR,1BA$1.76
Riverwalk LoftsOne Bedroom Loft Standard1BR,1BA$2.23
Stone Mill Lofts2 Bedroom + 2 Bathroom2BR,2BA$2.76
Riverwalk Apartments1x1.5 - A81BR,1.5BA$2.35
Washington Mill1 Bed 1 Bath1BR,1BA$2.44
215 Canal St1 Bedroom1BR,1BA$2.42
Museum SquareThe Essex1BR,1BA$2.47
226Common - New Luxury ApartmentsBella1BR,1BA$2.59
Princeton at Mount VernonTwo Bedroom2BR,1BA$3.00
Andover Place Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$2.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Mount Vernon, Lawrence, MA

Ranked #1

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Massachusetts and customized analysis for Boston, Massachusetts. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mount Vernon Apartments

What is the price of a cheap apartment in Mount Vernon?

The cheapest apartment in Mount Vernon is 226Common - New Luxury Apartments which is listed at $1,875, while the average apartment in Mount Vernon costs $2,950.

What types of apartments are the cheapest in Mount Vernon?

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 5 regular apartments in Mount Vernon 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 Mount Vernon?

Cheap apartments in Mount Vernon have an average cost of $294 which is $2,656 cheaper than the average rent for all rentals in Mount Vernon.

Expert Rental Resources

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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