
Cheap Apartments for Rent in the Park Street Neighborhood of Lawrence, MA from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Street area of Lawrence.


316 Essex St
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375-379 Haverhill St
The Art of the Rental Viewing: What to look for during a property tour
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Park Street, Lawrence, MA Local Guide

How much does it cost to rent an apartment in Park Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Park Street Studio Apartments | $2,207 | $1,795 | $2,660 |
Park Street 1 Bedroom Apartments | $2,205 | $1,550 | $2,897 |
Park Street 2 Bedroom Apartments | $2,723 | $2,200 | $3,290 |
Park Street 3 Bedroom Apartments | $2,820 | $2,400 | $3,795 |
Park Street 4 Bedroom Apartments | $4,500 | $4,500 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Park Street Neighborhood of Lawrence, MA.
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Park Street, Lawrence, MA Local Guide
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Cheapest Available Park Street Apartments for Rent
 The cheapest available apartment rental in the Park Street area of Boston, MA is a 1 Bed unit found at Museum Square priced from $1,900. Washington Mill has the second lowest priced unit, which is a Studio apartment currently listed from $1,959. Here are the most affordable Park Street apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Museum Square | The Essex | 1BR,1BA | $1,900 |
Washington Mill | Studios | Studio,1BA | $1,959 |
Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Park Street, MA
As of July 01, 2025 the best value apartment in the Park Street area is the $1.83 price per square foot 6 Merrill St Model at 6 Merrill St, Unit #2 in the in the South West Lawrence neighborhood starting from $2,750. The second greatest value Park Street apartment is the 2 Reservoir Ter Model at 2 Reservoir Ter, Unit 4 starting at $2,600 with a $2.60 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for Park Street apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6 Merrill St, Unit #2 | 6 Merrill St | 3BR,1BA | $1.83 |
2 Reservoir Ter, Unit 4 | 2 Reservoir Ter | 3BR,1BA | $2.60 |
4 Berkeley St, Unit 8 | 4 Berkeley St | 4BR,1BA | $4.50 |
Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $2.04 |
215 Canal St | 2 Bedroom | 2BR,1BA | $2.42 |
Washington Mill | 1 Bed 1.5 Bath | 1BR,1.5BA | $2.62 |
Museum Square | The Essex | 1BR,1BA | $2.47 |
Pac10 Lofts | C1 – 1 Bedroom 1 Bathroom | 1BR,1BA | $3.02 |
Riverwalk Apartments | Studio - S2 | Studio ,1BA | $3.24 |
55 Brook St, Unit 1 | 55 Brook St | 3BR,1BA | $25.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePark Street, Lawrence, MA
Ranked #6
Among neighborhoods in Lawrence, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Park Street Apartments
What is a cheap apartment in Park Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Street is under $2,350.
What is the price of a cheap apartment in Park Street?
The cheapest apartment in Park Street is Museum Square which is listed at $1,900, while the average apartment in Park Street costs $4,500.
What types of apartments are the cheapest in Park Street?
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 4 regular apartments in Park Street 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 Park Street?
Cheap apartments in Park Street have an average cost of $567 which is $3,933 cheaper than the average rent for all rentals in Park Street.
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.

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.

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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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