
Cheap Homes for Rent in Greater Merrimack Valley Neighborhood of Lowell, MA from $900 (85 Rentals)
Search the lowest-cost Homes available for rent right now in the Greater Merrimack Valley area of Lowell.


348 Walker St

30 Lawrence St

12 Hollis St

11 Hill Rd, Unit room 1, Unit room 1

17 Park St

22 W Shore Park Rd

2 Curt Rd

2 Curt Rd

375-379 Haverhill St, Unit 379-2
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.

54 Eaton St, Unit 54

97 W Pearl St

12 Green St, Unit 2, Unit 2

130 Old Ferry Rd, Unit Groveland estates, Unit Groveland estates

10 Cindy Dr

40 Highland St, Unit 4

75 Groton School Rd, Unit C10

375-379 Haverhill St, Unit 375-1

51 Highland Ave, Unit 2

740 Central St
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.

226 Swanson Rd

10 Leonard Rd

15-17-17 Central St

5 Central Square, Unit 5 1/2, Unit 5 1/2

375-379 Haverhill St, Unit 375-2

76 Elm St, Unit 4

95 Summer St, Unit 5

423 Pawtucket St, Unit 8

5 Lasalle Ave, Unit Apt 3

7 Paige Ave
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.

40 Highland St, Unit 9

169 Merrimack St, Unit 502

5 5th St

18 L St, Unit B

47 Princeton St, Unit 205

19 Academy Dr, Unit 1-12

40 Fitchburg Rd, Unit 302

40 Highland St, Unit 16

236 Euclid Ave, Unit 2

83 W Pearl St
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.

156L Capitol Hill Dr

42 Swanson Ct, Unit 33A, Unit 33A

293 Broadway, Unit Unit 2R

6 Old Chester Rd

11 Leonard Rd

64 Main St, Unit 47B, Unit 47B

89 Ashworth Ave

367 Hildreth St

3 N Main St, Unit 3

2 Wachusett St, Unit 4B, Unit 4B
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Greater Merrimack Valley, Lowell, MA Local Guide

How much does it cost to rent a home in Greater Merrimack Valley?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Greater Merrimack Valley 2 Bedroom Homes for Rent | $2,723 | $1,650 | $5,000 |
| Greater Merrimack Valley 3 Bedroom Homes for Rent | $3,635 | $2,025 | $10,000+ |
| Greater Merrimack Valley 4 Bedroom Homes for Rent | $3,832 | $2,300 | $10,000+ |
| Greater Merrimack Valley 5 Bedroom Homes for Rent | $6,100 | $2,900 | $10,000+ |
| Greater Merrimack Valley 6 Bedroom Homes for Rent | $8,700 | $3,600 | $10,000+ |
| Greater Merrimack Valley 7 Bedroom Homes for Rent | $5,440 | $5,440 | $5,440 |
Browse Homes for Rent in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Greater Merrimack Valley Neighborhood of Lowell, MA.
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Greater Merrimack Valley, Lowell, MA Local Guide
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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 $1,262. 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 | $1,262 |
| The Residences at St. James | Studio 60% | Studio,1BA | $1,400 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $1,404 |
| Derry C.C. Estates | S - B | Studio,1BA | $1,435 |
| 6 Summer St | 1-bedroom | 1BR,1BA | $1,495 |
| 55+ Apartments | Studio | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Greater Merrimack Valley, MA
As of April 13, 2026 the best value apartment in the Greater Merrimack Valley area is the $0.68 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,500. The second greatest value Greater Merrimack Valley apartment is the 14 Mishawum Rd Model at 14 Mishawum Rd, Unit 14 Mishawum Road Unit 1 starting at $3,195 with a $1.39 price per square foot in the Walnut Hill 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 | $0.68 |
| 14 Mishawum Rd, Unit 14 Mishawum Road Unit 1 | 14 Mishawum Rd | 3BR,2BA | $1.39 |
| 292 Wilder St, Unit 2 | 292 Wilder St | 3BR,2BA | $1.35 |
| 846 Main St, Unit 1b | 846 Main St | 2BR,1BA | $1.41 |
| Lofts 34 List | 2 Bed 1 Bath | 2BR,1BA | $1.36 |
| 89 Elmwood Rd, Unit 1 | 89 Elmwood Rd | 3BR,1BA | $1.60 |
| Clocktower Place | 2X2 | 2BR,2BA | $1.43 |
| Twin Bridge | 2BD/1BA/80/Den | Studio , | $1.61 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.52 |
| 120 Springfield St, Unit 3 | 120 Springfield St | 1BR,1BA | $1.25 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
Frequently Asked Questions about Greater Merrimack Valley
What type of rentals are currently available in Greater Merrimack Valley?
There are currently 3004 Apartments for Rent in Greater Merrimack Valley, MA with pricing that ranges from $739 to $22,264. There are also 551 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Merrimack Valley ranging from $950 to $22,500.
What is the current price range for Rental Homes in Greater Merrimack Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Merrimack Valley ranges from $950 to $22,500 with an average monthly rent of $5,140.
How much are larger Three and Four Bedroom Rentals in Greater Merrimack Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greater Merrimack Valley range from $1,550 to $22,264, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,025 to $11,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $740.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.