
Cheap Apartments for Rent in the Greater Merrimack Valley Neighborhood of Lowell, MA from $600 (264 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Merrimack Valley area of Lowell.


Total Monthly Price
1213 Middlesex St, Unit Middlesex, Unit Middlesex

248-262 Middlesex St, Unit 260

248-262 Middlesex St, Unit 260

Total Monthly Price
Morris Garden Apartments

River Place Towers

Barker Avenue Apartments

114 Appleton St

Princeton Park Apartments

Meadow Lane Apartments
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.

Total Monthly Price
Cabot Crossing

Total Monthly Price
Brettonwood Estates

Hallmark Village and Northwood Common

97-99 Jewett St, Unit 99-2

481 Broadway St, Unit 2

714 Chelmsford St, Unit 102

6 Harvard St

Jaycee Place Apartments

Lakeshore

Appleton Mills
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.

Parkside Village

Northwood Common

28-40 Aiken St

49-61 E Meadow Ln

725 Merrimack

COLONY PARK APARTMENTS

Delmont Garden Apartments

261 Stackpole St

Highland Street Apartments

Counting House Lofts I
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.

IMPERIAL GARDENS

Edgewood Gardens

Olde English Village

116 Fletcher St

Pine Walk

Hillcrest Gardens

50 3rd Ave

The Pines at Hovey Square

25 and 33 Morse Street

HADLEY PARK APARTMENTS
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.

59 Nesmith St

206-208 Mammoth Rd

85 Milk St, Unit 85

Total Monthly Price
48 Oak Ter

56 Eaton St, Unit 56

40R Highland Ave

Lonvale Gardens

Heritage Gardens

Leominster Gardens

Presidential Park Apartments
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.
Greater Merrimack Valley, Lowell, MA Local Guide

How much does it cost to rent an apartment in Greater Merrimack Valley?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Greater Merrimack Valley Studio Apartments | $2,113 | $1,100 | $7,447 |
| Greater Merrimack Valley 1 Bedroom Apartments | $2,508 | $800 | $10,000+ |
| Greater Merrimack Valley 2 Bedroom Apartments | $2,990 | $1,400 | $10,000+ |
| Greater Merrimack Valley 3 Bedroom Apartments | $3,503 | $1,500 | $10,000+ |
| Greater Merrimack Valley 4 Bedroom Apartments | $4,084 | $725 | $10,000+ |
| Greater Merrimack Valley 5 Bedroom Apartments | $3,431 | $2,495 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 264 rentals with your search options within a 2 mile radius of the Greater Merrimack Valley Neighborhood of Lowell, MA.
See all Apartments in LowellExplore Lowell
Greater Merrimack Valley, Lowell, MA Local Guide
- Nearby Lowell neighborhoods
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Cheapest Available Greater Merrimack Valley Apartments for Rent
 The cheapest available apartment rental in the Greater Merrimack Valley area of Lowell, MA is a 1 Bed unit found at Palm Square Residences 55+ Community priced from $1,200. Anwelt Heritage - A 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,269. Here are the most affordable Greater Merrimack Valley apartments for rent in Lowell, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palm Square Residences 55+ Community | 1 Bedroom (Interior Unit) | 1BR,1BA | $1,200 |
| Anwelt Heritage - A 55+ Community | 1 Bedroom Affordable/Income Restriction | 1BR,1BA | $1,269 |
| Hamilton Park | S - A | Studio,1BA | $1,400 |
| Morris Garden Apartments | One Bed One Bath | 1BR,1BA | $1,450 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $1,465 |
| 55+ Apartments | Studio | 1BR,1BA | $1,495 |
| Pine Valley Lofts | One Bedroom | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Greater Merrimack Valley, MA
As of May 24, 2026 the best value apartment in the Greater Merrimack Valley area is the $0.63 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,300. The second greatest value Greater Merrimack Valley apartment is the 150 Pleasant St Model at 150 Pleasant St starting at $2,800 with a $1.65 price per square foot in the Back Central neighborhood. Here is today’s list of the best values for Greater Merrimack Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5 Cornish St | 5 Cornish St | 3BR,1BA | $0.63 |
| 150 Pleasant St | 150 Pleasant St | 4BR,1BA | $1.65 |
| Lofts 34 List | 2 Bed 1 Bath | 2BR,1BA | $1.36 |
| 26 Briarwood Rd | Three Bedroom | 3BR,1.5BA | $1.53 |
| 260 Walton St, Unit 2 | 260 Walton St | 2BR,1BA | $1.36 |
| 68 4th St, Unit Duplex | 68 4th St | 2BR,1BA | $1.40 |
| Twin Bridge | 2BD/1BA/80/Den | 2BR,1BA | $1.61 |
| 173 Myrtle Ave, Unit Unit 2 | 173 Myrtle Ave | 2BR,1BA | $1.31 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1.42 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.57 |
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.
Best Local Schools in Greater Merrimack Valley, Lowell, MA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States including Greater Merrimack Valley, Lowell, and the greater Lowell area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Greater Merrimack Valley Apartments
What is a cheap apartment in Greater Merrimack Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater Merrimack Valley is under $1,500.
What is the price of a cheap apartment in Greater Merrimack Valley?
The cheapest apartment in Greater Merrimack Valley is Palm Square Residences 55+ Community which is listed at $1,200, while the average apartment in Greater Merrimack Valley costs $3,497.
What types of apartments are the cheapest in Greater Merrimack Valley?
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 126 regular apartments in Greater Merrimack Valley 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 Greater Merrimack Valley?
Cheap apartments in Greater Merrimack Valley have an average cost of $240 which is $3,257 cheaper than the average rent for all rentals in Greater Merrimack Valley.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.