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$1,404 - $1,908
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiver Place Towers
1 River PlLowell, MA 01852
Cheap Apartments for Rent in the Downtown Lowell Neighborhood of Lowell, MA from $1,300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lowell area of Lowell.
116 Appleton St
LowellMA01852
114 Appleton St
LowellMA01852
100 Appleton St
LowellMA01852
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.
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$1,975
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Now24 Merrimack Street Apartments
24 Merrimack StLowell, MA 01852
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$2,059 - $9,405
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,059 - $9,405
Total Monthly Price
$2,059 - $9,405
Massachusetts Mills
150 Massmills DrLowell, MA 01852
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Rent Specials
$2,095 - $2,944
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,095 - $2,944
Total Monthly Price
$2,095 - $2,944
Loft Two Seven
27 Jackson StLowell, MA 01852
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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.
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Downtown Lowell, Lowell, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Lowell?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Lowell Studio Apartments | $1,650 | $1,650 | $1,650 |
| Downtown Lowell 1 Bedroom Apartments | $2,177 | $1,407 | $2,649 |
| Downtown Lowell 2 Bedroom Apartments | $2,450 | $1,670 | $3,532 |
| Downtown Lowell 3 Bedroom Apartments | $3,077 | $1,908 | $4,003 |
| Downtown Lowell 4 Bedroom Apartments | $3,233 | $3,000 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Lowell Neighborhood of Lowell, MA.
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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 I 2BR/2BA | 2BR,2BA | $2,091 |
Best Value Apartments for Rent in Downtown Lowell, MA
As of November 07, 2025 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 $4,003 with a $3.46 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 | $3.46 |
| The Apartments at Boott Mills | One Bedroom | 1BR,1BA | $2.66 |
| 55 W 3rd St, Unit 1 | 55 W 3rd St | 2BR,1BA | $2.81 |
| 8 3rd St, Unit 1 | 8 3rd St | 3BR,1BA | $3.25 |
| Loft Two Seven | Counting House Lofts 71 One Bedroom | 1BR,1BA | $2.94 |
| 201 Canal | 1 Bedroom 1A & 1G - Workforce | 1BR,1BA | $3.26 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $2.76 |
| Edge Merrimack | 516s2x2A | 2BR,2BA | $11.39 |
Getting Around the Downtown Lowell Neighborhood in Lowell, MA
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
59 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,300.
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 22 regular apartments in Downtown Lowell 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 Downtown Lowell?
Cheap apartments in Downtown Lowell have an average cost of $940 which is $2,360 cheaper than the average rent for all rentals in Downtown Lowell.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.