
Cheap Apartments for Rent in the Downtown Lynn Neighborhood of Lynn, MA from $925 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynn area of Lynn.


38 Estes St, Unit 4

32 Chestnut St, Unit 8

50 Baldwin St

Total Monthly Price
Mosaic

57 Vine St

124 Central Ave., Unit 25

124 Central Ave., Unit 46
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

32 Chestnut St, Unit 1

Total Monthly Price
Breakwater North Harbor

Total Monthly Price
Caldwell

38 Estes St, Unit 12

38 Estes St, Unit 15

15 Huss Ct

77 Green St, Unit 3

14 Chase Ln
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19 Halford Pl

67 Tudor St, Unit 27

Total Monthly Price
Cove164

Total Monthly Price
The Vault

23 Central Ave, Unit 605

23 Central Ave

Total Monthly Price
The Oxford Lynn

14 Amity St
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134 Fayette St, Unit #2

18 Hanover Cir

300 Lynn Shore Dr

8 Chase Ln

87 Oxford St, Unit 501

145 Munroe St, Unit 301

33-35 Essex Ct, Unit 2

11 & 17 Beach Road Apartments!!
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12 Chancery Ct

132-138 S Common St

Cobbet Hill

64 Market St

116-124A Central Ave

203 Lewis St

Gateway North

20 High Street Lynn, MA 01902
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Downtown Lynn, Lynn, MA Local Guide

How much does it cost to rent an apartment in Downtown Lynn?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Lynn Studio Apartments | $1,936 | $1,625 | $2,275 |
| Downtown Lynn 1 Bedroom Apartments | $2,218 | $1,200 | $2,775 |
| Downtown Lynn 2 Bedroom Apartments | $2,715 | $1,750 | $3,260 |
| Downtown Lynn 3 Bedroom Apartments | $3,149 | $2,799 | $4,220 |
| Downtown Lynn 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Downtown Lynn Neighborhood of Lynn, MA.
See all Apartments in LynnExplore Lynn
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 Mosaic priced from $1,725. Caldwell has the second lowest priced unit, which is a Studio apartment currently listed from $1,970. Here are the most affordable Downtown Lynn apartments for rent in Lynn, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mosaic | Studios | Studio,1BA | $1,725 |
| Caldwell | S1 | Studio,1BA | $1,970 |
| Breakwater North Harbor | S1BH | Studio,1BA | $2,150 |
| The Oxford Lynn | 1 Bed - 05 | 1BR,1BA | $2,150 |
| Cove164 | A1D | 1BR,1BA | $2,250 |
| Chestnut Street | 2BR/1.0BA | 2BR,1BA | $2,250 |
| 24 Mount Vernon Apartments | 1BR/1.0BA | 1BR,1BA | $2,425 |
| The Vault | 2BR/1.0BA | 2BR,1BA | $2,495 |
| 11-17 Beach Road Apartments | 17 Beach Road 2 Bedroom 1 Bathroom | 2BR,1BA | $2,495 |
Best Value Apartments for Rent in Downtown Lynn, MA
As of September 12, 2026 the best value apartment in the Downtown Lynn area is the $0.23 price per square foot 2BR/1.0BA Model at Chestnut Street in the in the East Lynn neighborhood starting from $2,250. The second greatest value Downtown Lynn apartment is the 3 Mace Pl Model at 3 Mace Pl, Unit 2 starting at $2,799 with a $2.07 price per square foot in the East Lynn neighborhood. Here is today’s list of the best values for Downtown Lynn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chestnut Street | 2BR/1.0BA | 2BR,1BA | $0.23 |
| 3 Mace Pl, Unit 2 | 3 Mace Pl | 3BR,1BA | $2.07 |
| 53 N Common St, Unit 2R | 53 N Common St | 3BR,2BA | $3.33 |
| The Vault | 2BR/2.0BA | 2BR,2BA | $2.63 |
| 65 Whiting St, Unit 2L | 65 Whiting St | 2BR,1BA | $2.40 |
| 24 Mount Vernon Apartments | 1BR/1.0BA | 1BR,1BA | $2.68 |
| 11-17 Beach Road Apartments | 17 Beach Road 2 Bedroom 1 Bathroom | 2BR,1BA | $3.12 |
| Cove164 | A1E | 1BR,1BA | $2.88 |
| The Oxford Lynn | 1 Bed - 03 | 1BR,1BA | $3.77 |
| Mosaic | Studios | Studio ,1BA | $4.21 |
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 $2,495.
What is the price of a cheap apartment in Downtown Lynn?
The cheapest apartment in Downtown Lynn is Mosaic which is listed at $1,795, while the average apartment in Downtown Lynn costs $2,385.
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 39 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
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.