Cheap Apartments for Rent in the Downtown Lynn Neighborhood of Lynn, MA from $800 (15 Rentals)

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

property at 69 N Common St

69 N Common St

LynnMA01902
property at 585 Essex St

585 Essex St

LynnMA01901
property at 64 Market St

64 Market St

LynnMA01901
property at 192 Washington St
property at 108 Franklin St

108 Franklin St

LynnMA01902

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.

property at 77 W Green St

77 W Green St

LynnMA01902
property at 33 Cherry St

33 Cherry St

LynnMA01902
property at 77 Green St

77 Green St

LynnMA01902
property at 4 Kingsley Terrace

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.

property at 2 Kingsley Terrace
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Cobbet Hill
1 to 4 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
  • Utilities Included
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64 Market St
Studio to 2 Bedroom Apartments

64 Market St

64 Market StLynn, MA 01901
Student Housing
  • Utilities Included

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.

Downtown Lynn, Lynn, MA Local Guide

Cheapest Available Downtown Lynn Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lynn area of Lynn, MA is a Studio unit found at Breakwater North Harbor priced from $1,725. Mosaic has the second lowest priced unit, which is a Studio apartment currently listed from $1,745. Here are the most affordable Downtown Lynn apartments for rent in Lynn, MA:

Apartment ListingModel NameBed/BathPriced From
Breakwater North HarborS1BStudio,1BA$1,725
Mosaic0 Beds, 1 BathsStudio,1BA$1,745
CaldwellS3Studio,1BA$1,870
The Vault1BR/1.0BA1BR,1BA$2,100
24 Mount Vernon Apartments1BR/1.0BA1BR,1BA$2,150

Best Value Apartments for Rent in Downtown Lynn, MA

As of November 01, 2025 the best value apartment in the Downtown Lynn area is the $2.79 price per square foot Renovated 2-bedroom Model at 24 Mount Vernon Apartments in the in the Central neighborhood starting from $2,525. The second greatest value Downtown Lynn apartment is the B1A Model at Cove164 starting at $2,870 with a $3.48 price per square foot in the Central neighborhood. Here is today’s list of the best values for Downtown Lynn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
24 Mount Vernon ApartmentsRenovated 2-bedroom2BR,1BA$2.79
Cove164B1A2BR,1BA$3.48
Breakwater North HarborA1E1BR,1BA$3.50
11-17 Beach Road Apartments11 Beach Rd- 1 Bedroom 1 Bath1BR,1BA$3.50
The Vault1BR/1.0BA1BR,1BA$3.63
Mosaic0 Beds, 1 BathsStudio ,1BA$4.26
CaldwellS3Studio ,1BA$4.99

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Lynn, Lynn, MA

Ranked #4

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Lynn Neighborhood in Lynn, MA

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lynn Apartments

What is a cheap apartment in Downtown Lynn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lynn is under $2,545.

What is the price of a cheap apartment in Downtown Lynn?

The cheapest apartment in Downtown Lynn is Breakwater North Harbor which is listed at $1,985, while the average apartment in Downtown Lynn costs $3,500.

What types of apartments are the cheapest in Downtown 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 61 regular apartments in Downtown Lynn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.