
Cheap Apartments for Rent in the Downtown Lowell Neighborhood of Lowell, MA from $1,300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lowell area of Lowell.


37 Kirk St

Total Monthly Price
31 Kirk St, Unit 31-1

37 Kirk St

157 Charles St

Isobel Lofts

24 Merrimack Street Apartments
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.

16 2nd St

14 2nd St

449 Central St

Total Monthly Price
Massachusetts Mills

Total Monthly Price
Loft Two Seven

The Apartments at Boott Mills

37 Kirk St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Total Monthly Price
201 Canal

Appleton Mills

Counting House Lofts I

200 Market St

277 E Merrimack St

22 Chapel St

173 & 189 E Merrimack St, Lowell MA 01852
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Downtown Lowell, Lowell, MA Local Guide

How much does it cost to rent an apartment in Downtown Lowell?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Lowell Studio Apartments | $2,227 | $2,180 | $2,360 |
| Downtown Lowell 1 Bedroom Apartments | $2,320 | $1,404 | $2,920 |
| Downtown Lowell 2 Bedroom Apartments | $2,627 | $1,666 | $3,532 |
| Downtown Lowell 3 Bedroom Apartments | $3,299 | $1,908 | $3,989 |
| Downtown Lowell 4 Bedroom Apartments | $3,237 | $3,113 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Lowell Neighborhood of Lowell, MA.
See all Apartments in LowellExplore Lowell
Cheapest Available Downtown Lowell Apartments for Rent
 The cheapest available apartment rental in the Downtown Lowell area of Boston, MA is a 1 Bed unit found at River Place Towers priced from $1,404. 24 Merrimack Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,975. Here are the most affordable Downtown Lowell apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Place Towers | 1 Bedroom | 1BR,1BA | $1,404 |
| 24 Merrimack Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,975 |
| Massachusetts Mills | Mass Mills II 1BR/1BA | 1BR,1BA | $2,123 |
| Loft Two Seven | Loft 27 Davis One Bedroom | 1BR,1BA | $2,145 |
| 201 Canal | 2 Bedroom 2B 2C 2D 2F & 2H - Market | 2BR,2BA | $2,895 |
Best Value Apartments for Rent in Downtown Lowell, MA
As of April 06, 2026 the best value apartment in the Downtown Lowell area is the $1.66 price per square foot 2 Beds, 1 bath Model at 24 Merrimack Street Apartments in the in the Downtown Lowell neighborhood starting from $1,975. The second greatest value Downtown Lowell apartment is the Mass Mills II 3BR/2BA Model at Massachusetts Mills starting at $3,989 with a $3.45 price per square foot in the Downtown Lowell neighborhood. Here is today’s list of the best values for Downtown Lowell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 24 Merrimack Street Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.66 |
| Massachusetts Mills | Mass Mills II 3BR/2BA | 3BR,2BA | $3.45 |
| 201 Canal | 2 Bedroom 2B 2C 2D 2F & 2H - Market | 2BR,2BA | $2.56 |
| Loft Two Seven | Counting House Lofts 71 Two Bedroom | 2BR,2BA | $2.83 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $2.76 |
| 31 Kirk St, Unit 31-1 | 31 Kirk St | 1BR,1BA | $4.41 |
| Edge Merrimack | 516s4x2p | 4BR,2BA | $11.38 |
Frequently Asked Questions about Cheap Downtown Lowell Apartments
What is the price of a cheap apartment in Downtown Lowell?
The cheapest apartment in Downtown Lowell is River Place Towers which is listed at $1,404, while the average apartment in Downtown Lowell costs $3,577.
What types of apartments are the cheapest in Downtown Lowell?
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 19 regular apartments in Downtown Lowell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Helpful Local Expert Guides

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.