Cheap Apartments for Rent in the Greater Merrimack Valley Neighborhood of Lowell, MA from $600 (264 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greater Merrimack Valley area of Lowell.

property at 114 Appleton St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom Rentals

Available Now

114 Appleton St

LowellMA01852

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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Cabot Crossing
$1,740 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,740 - $2,718

Total Monthly Price
$1,740 - $2,718
Studio to 2 Bedroom Apartments Available Now

Cabot Crossing

130 Bowden StLowell, MA 01852
Student Housing
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  • 3D Tour
property at 6 Harvard St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

6 Harvard St

LowellMA01851
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Lakeshore
1 to 2 Bedroom Apartments

Lakeshore

390 Mammoth RdLowell, MA 01854
  • Utilities Included
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Appleton Mills
Studio to 2 Bedroom Apartments

Appleton Mills

219 Jackson StLowell, MA 01852

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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Parkside Village
Studio to 2 Bedroom Apartments

Parkside Village

195 Hildreth StLowell, MA 01850
  • Utilities Included
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Northwood Common
Studio to 2 Bedroom Apartments

Northwood Common

1861-1867 Middlesex StLowell, MA 01851
  • Utilities Included
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28-40 Aiken St
2 to 3 Bedroom Apartments

28-40 Aiken St

28-40 Aiken StLowell, MA 01854
  • Utilities Included
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49-61 E Meadow Ln
1 to 2 Bedroom Apartments

49-61 E Meadow Ln

49-61 E Meadow LnLowell, MA 01854
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725 Merrimack
1 to 4 Bedroom Apartments

725 Merrimack

725 Merrimack StLowell, MA 01854
  • Utilities Included
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261 Stackpole St
1 to 2 Bedroom Apartments

261 Stackpole St

261 Stackpole StLowell, MA 01852

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.

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IMPERIAL GARDENS
Studio to 2 Bedroom Apartments

IMPERIAL GARDENS

1982-1990 Middlesex StLowell, MA 01851
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Edgewood Gardens
1 to 2 Bedroom Apartments

Edgewood Gardens

231 Pine StLowell, MA 01851
  • Utilities Included
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Olde English Village
Studio to 2 Bedroom Apartments

Olde English Village

704-718 Chelmsford StLowell, MA 01851
  • Utilities Included
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116 Fletcher St
Studio to 2 Bedroom Apartments

116 Fletcher St

116 Fletcher StLowell, MA 01854
  • Utilities Included
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Pine Walk
1 to 2 Bedroom Apartments

Pine Walk

399 Walker StLowell, MA 01851
  • Utilities Included
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Hillcrest Gardens
Studio to 2 Bedroom Apartments

Hillcrest Gardens

11 Allen StLowell, MA 01852
  • Utilities Included
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50 3rd Ave
1 Bedroom Apartments

50 3rd Ave

50 3rd AveLowell, MA 01854

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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59 Nesmith St
Studio to 2 Bedroom Apartments

59 Nesmith St

59 Nesmith StLowell, MA 01852
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206-208 Mammoth Rd
1 Bedroom Apartments

206-208 Mammoth Rd

206-208 Mammoth RdLowell, MA 01854
  • Smoke Free
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48 Oak Ter
$1,100 - $1,200
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,100 - $1,200

Total Monthly Price
$1,100 - $1,200
Studio Apartment Available Now

48 Oak Ter

48 Oak TerHaverhill, MA 01832
Furnished
  • Smoke Free
property at 40R Highland Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

40R Highland Ave

SalemMA01970

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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

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 ListingModel NameBed/BathPriced From
Palm Square Residences 55+ Community1 Bedroom (Interior Unit)1BR,1BA$1,200
Anwelt Heritage - A 55+ Community1 Bedroom Affordable/Income Restriction1BR,1BA$1,269
Hamilton ParkS - AStudio,1BA$1,400
Morris Garden ApartmentsOne Bed One Bath1BR,1BA$1,450
River Place Towers1 Bedroom1BR,1BA$1,465
55+ ApartmentsStudio1BR,1BA$1,495
Pine Valley LoftsOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
5 Cornish St5 Cornish St3BR,1BA$0.63
150 Pleasant St150 Pleasant St4BR,1BA$1.65
Lofts 34 List2 Bed 1 Bath2BR,1BA$1.36
26 Briarwood RdThree Bedroom3BR,1.5BA$1.53
260 Walton St, Unit 2260 Walton St2BR,1BA$1.36
68 4th St, Unit Duplex68 4th St2BR,1BA$1.40
Twin Bridge2BD/1BA/80/Den2BR,1BA$1.61
173 Myrtle Ave, Unit Unit 2173 Myrtle Ave2BR,1BA$1.31
Moran Square2 Beds 1 Bath2BR,1BA$1.42
Anwelt Heritage - A 55+ Community2 Bedroom Affordable2BR,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.

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Real 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.

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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.

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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

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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.

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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.

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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.

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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.