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$1,465 - $1,994
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 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lowell area of Lowell.
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$1,900 - $2,125
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now24 Merrimack Street Apartments
24 Merrimack StLowell, MA 01852
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Studio to 2 Bedroom Apartments
Appleton Mills
219 Jackson StLowell, MA 01852
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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1 to 2 Bedroom Apartments
Counting House Lofts I
109 Jackson StLowell, MA 01852
114 Appleton St
LowellMA01852
172 Middle 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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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 | $2,212 | $2,100 | $2,360 |
| Downtown Lowell 1 Bedroom Apartments | $2,364 | $1,465 | $2,920 |
| Downtown Lowell 2 Bedroom Apartments | $2,616 | $1,739 | $3,800 |
| Downtown Lowell 3 Bedroom Apartments | $2,942 | $1,994 | $3,955 |
| Downtown Lowell 4 Bedroom Apartments | $3,191 | $2,975 | $3,300 |
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 6 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 $1,465. 24 Merrimack Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. 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 | $1,465 |
| 24 Merrimack Street Apartments | 1 bedroom | 1BR,1BA | $1,900 |
| Loft Two Seven | Loft 27 Davis One Bedroom | 1BR,1BA | $2,095 |
Best Value Apartments for Rent in Downtown Lowell, MA
As of July 12, 2026 the best value apartment in the Downtown Lowell area is the $1.60 price per square foot Mass Mills I 2BR/2BA Model at Massachusetts Mills in the in the Downtown Lowell neighborhood starting from $2,358. The second greatest value Downtown Lowell apartment is the 2 bedroom Model at 24 Merrimack Street Apartments starting at $2,125 with a $1.79 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. |
|---|---|---|---|
| Massachusetts Mills | Mass Mills I 2BR/2BA | 2BR,2BA | $1.60 |
| 24 Merrimack Street Apartments | 2 bedroom | 2BR,1BA | $1.79 |
| The Apartments at Boott Mills | One Bedroom plus Den | 1BR,1BA | $2.65 |
| 26 Read St, Unit 2nd F | 26 Read St | 2BR,1BA | $2.56 |
| 201 Canal | 1 Bedroom + Den 1D - Workforce | 1BR,1BA | $2.83 |
| Loft Two Seven | Counting House Lofts 71 One Bedroom | 1BR,1BA | $2.90 |
| Isobel Lofts | Studio | Studio ,1BA | $4.01 |
| The Emery | Studio | Studio ,1BA | $3.96 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $2.88 |
| Edge Merrimack | 516s4x2p | 4BR,2BA | $12.07 |
Frequently Asked Questions about Cheap Downtown Lowell Apartments
What is a cheap apartment in Downtown Lowell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lowell is under $2,645.
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 $1,465, 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 9 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.
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