114 Appleton St
LowellMA01852
Cheap Homes for Rent in the Downtown Lowell Neighborhood of Lowell, MA from $1,600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lowell area of Lowell.
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.
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 a home in Downtown Lowell?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Lowell 2 Bedroom Homes for Rent | $2,466 | $2,300 | $2,700 |
| Downtown Lowell 3 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Downtown Lowell 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Downtown Lowell 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Lowell Neighborhood of Lowell, MA.
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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 Downtown Lowell
What type of rentals are currently available in Downtown Lowell?
There are currently 89 Apartments for Rent in Downtown Lowell, MA with pricing that ranges from $1,465 to $3,955. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lowell ranging from $1,650 to $3,400.
What is the current price range for Rental Homes in Downtown Lowell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lowell ranges from $1,650 to $3,400 with an average monthly rent of $2,389.
How much are larger Three and Four Bedroom Rentals in Downtown Lowell?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lowell range from $1,994 to $3,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,975.
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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