
Cheap Apartments for Rent in the South West Neighborhood of Lawrence, MA from $1,400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the South West area of Lawrence.


5 Lasalle Ave

Princeton at Mount Vernon

21 Bellevue St, Unit Bellevue - Tower Hill

Pacific Mill Lofts

40 Coolidge St
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.

158-162-162 Water St

Total Monthly Price
Washington Mill

Total Monthly Price
Pac10 Lofts

Riverwalk Apartments

Total Monthly Price
195 Farnham St, Unit 195 Farnham St

98 Salem St
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.

Washington Mills

Salem Village

Saunders Crossing

Riverside Apartments
75 Beacon St

5 Thornton Ave
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.
South West, Lawrence, MA Local Guide

How much does it cost to rent an apartment in South West?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South West Studio Apartments | $2,009 | $1,650 | $2,350 |
| South West 1 Bedroom Apartments | $2,250 | $1,600 | $2,499 |
| South West 2 Bedroom Apartments | $2,625 | $1,950 | $3,090 |
| South West 3 Bedroom Apartments | $2,777 | $2,100 | $3,795 |
| South West 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the South West Neighborhood of Lawrence, MA.
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South West, Lawrence, MA Local Guide
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Cheapest Available South West Apartments for Rent
 The cheapest available apartment rental in the South West area of Lawrence, MA is a Studio unit found at Washington Mill priced from $1,918. Pacific Mill Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here are the most affordable South West apartments for rent in Lawrence, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Mill | Studios | Studio,1BA | $1,918 |
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1,995 |
| Pac10 Lofts | D1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat | 1BR,1BA | $1,995 |
| Princeton at Mount Vernon | Two Bedroom | 2BR,1BA | $2,100 |
| Riverwalk Apartments | 1x1 - A4 | 1BR,1BA | $2,175 |
Best Value Apartments for Rent in South West, MA
As of June 13, 2026 the best value apartment in the South West 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 South West apartment is the 195 Farnham St Model at 195 Farnham St, Unit 195 Farnham St starting at $2,100 with a $2.10 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for South West apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| 195 Farnham St, Unit 195 Farnham St | 195 Farnham St | 3BR,1BA | $2.10 |
| Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $2.23 |
| Riverwalk Apartments | 1x1.5 - A8 | 1BR,1.5BA | $2.35 |
| Washington Mill | 1 Bed 1 Bath | 1BR,1BA | $2.44 |
| Princeton at Mount Vernon | Two Bedroom | 2BR,1BA | $3.00 |
| Pac10 Lofts | C1 – 1 Bedroom 1 Bathroom | 1BR,1BA | $3.01 |
| Saunders Crossing | The Charles Renovated | Studio ,1BA | $4.56 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth West, Lawrence, MA
Ranked #5
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap South West Apartments
What is a cheap apartment in South West?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South West is under $2,180.
What is the price of a cheap apartment in South West?
The cheapest apartment in South West is Pacific Mill Lofts which is listed at $1,995, while the average apartment in South West costs $2,698.
What types of apartments are the cheapest in South West?
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 South West 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 South West?
Cheap apartments in South West have an average cost of $378 which is $2,320 cheaper than the average rent for all rentals in South West.
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.