Cheap Apartments for Rent in Lynn, MA from $900 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lynn.

property at 472 Essex St

472 Essex St

LynnMA01902
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Cobbet Hill
1 Bedroom Apartments

Cobbet Hill

498 Essex StLynn, MA 01902
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132-138 S Common St
Studio to 3 Bedroom Apartments

132-138 S Common St

132-138 S Common StLynn, MA 01902
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Riverway Apartments
Studio to 2 Bedroom Apartments

Riverway Apartments

6 Needhams Landing RdLynn, MA 01905
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Floating Bridge Pond
2 Bedroom Apartments

Floating Bridge Pond

627-631 Eastern AveLynn, MA 01902
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64 Market St
Studio Apartments

64 Market St

64 Market StLynn, MA 01901
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25 Woodman St
2 Bedroom Apartments

25 Woodman St

25-27 Woodman StLynn, MA 01905
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131 Ocean St
1 Bedroom Apartments

131 Ocean St

131 Ocean StLynn, MA 01902
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Warden Place
1 to 2 Bedroom Apartments

Warden Place

5 Warden StSaugus, MA 01906

Lynn, MA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 07/30/2025

Current apartment rentals in the Lynn, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lynn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lynn Waterfront$3,550$1,500259
Downtown Lynn$3,700$1,595127

Cheapest Available Lynn Apartments for Rent

 

The cheapest available apartment rental in Lynn, MA is a Studio unit found at BayView Apartments in the East Lynn neighborhood priced from $1,500. Mosaic in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here is today’s list of the most affordable Lynn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BayView Apartments66 Studio ClassicStudio,1BA$1,500
Mosaic0 Beds, 1 BathsStudio,1BA$1,795
CaldwellS3Studio,1BA$1,870
The Vault0BR/1.0BAStudio,1BA$1,900
20 Park StOne Bedroom1BR,1BA$1,900
Warden PlaceOne Bedroom1BR,1BA$1,950
The Fairmount North Shore1J1BR,1BA$2,050
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2,050

Best Value Apartments for Rent in Lynn, MA

As of July 30, 2025 the best value apartment in the Lynn area is the $1.64 price per square foot 5 Cedar Hill Ter Model at 5 Cedar Hill Ter in the in the Olmsted neighborhood starting from $4,000. The second greatest value Lynn apartment is the 21 Hawser Ln Model at 21 Hawser Ln, Unit 2 starting at $3,200 with a $1.98 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Lynn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5 Cedar Hill Ter5 Cedar Hill Ter3BR,2BA$1.64
21 Hawser Ln, Unit 221 Hawser Ln2BR,2.5BA$1.98
129 Lynnway, Unit #1129 Lynnway2BR,1BA$2.23
129 Lynnway, Unit #3129 Lynnway2BR,1BA$2.15
Michaels Landing2BED 2BATH (JUL-SEP 2025)2BR,2BA$2.52
610 Humphrey St, Unit 2610 Humphrey St2BR,1BA$2.47
20 High Street Lynn, MA 019022BR/1.0BA2BR,1BA$2.40
347 Rice Ave, Unit #3347 Rice Ave2BR,1BA$2.50
9 Carlton St, Unit #39 Carlton St2BR,1BA$2.20
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2.41

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Lynn Overview

Offering sweeping views of the Atlantic Ocean and positioned just a few short miles from the Boston line, Lynn is an in-demand hub of the greater New england scene. With plenty in the way of nearby amenities, not to mention captivating architecture and a history-rich assortment of landmarks, a Lynn apartment is an excellent choice for anyone eager to connect with a new place to call home in Massachusetts.

Why live in Lynn, MA?

A city with much to offer, a rental in Lynn is always in high demand. From the seaside scenery to the abundance of public parks and everall charming ambianc that seems to permeate the city itself, Lynn receives high marks on a variety of levels. From the luxury of Fay Estates to the convenience and retail shopping of downtown, this is one New England hot spot that definitely lives up to the hype.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lynn, MA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

Lynn, MA Area Reviews

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Frequently Asked Questions about Cheap Lynn Apartments

What is a cheap apartment in Lynn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynn is under $2,050.

What is the price of a cheap apartment in Lynn?

The cheapest apartment in Lynn is Mosaic which is listed at $1,895, while the average apartment in Lynn costs $3,625.

What types of apartments are the cheapest in Lynn?

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 8 regular apartments in Lynn 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 Lynn?

Cheap apartments in Lynn have an average cost of $125 which is $3,500 cheaper than the average rent for all rentals in Lynn.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.