
Cheap Homes for Rent in Downtown Lynn Neighborhood of Lynn, MA from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lynn area of Lynn.


126 Union St

38 Estes St

32 Chestnut St

2 Kingsley Terrace

49 Munroe St, Unit Green Line Studio Loft
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.

33-35 Essex Ct

44 Estes St

44 Estes St

38 Estes St

38 Estes St

23 Central Ave
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.
Downtown Lynn, Lynn, MA Local Guide

How much does it cost to rent a home in Downtown Lynn?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Lynn 2 Bedroom Homes for Rent | $2,175 | $1,950 | $2,400 |
| Downtown Lynn 3 Bedroom Homes for Rent | $3,283 | $3,000 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Lynn Neighborhood of Lynn, MA.
Explore Lynn
Cheapest Available Downtown Lynn Apartments for Rent
 The cheapest available apartment rental in the Downtown Lynn area of Lynn, MA is a 1 Bed unit found at Mosaic priced from $1,795. Caldwell has the second lowest priced unit, which is a Studio apartment currently listed from $1,860. Here are the most affordable Downtown Lynn apartments for rent in Lynn, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mosaic | 1 Beds, 1 Baths | 1BR,1BA | $1,795 |
| Caldwell | S3 | Studio,1BA | $1,860 |
| 11-17 Beach Road Apartments | 17 Beach Road 1 Bedroom 1 Bathroom Small | 1BR,1BA | $1,900 |
| Breakwater North Harbor | S1C | Studio,1BA | $1,950 |
| 24 Mount Vernon Apartments | Standard Studio | Studio,1BA | $2,195 |
Best Value Apartments for Rent in Downtown Lynn, MA
As of May 27, 2026 the best value apartment in the Downtown Lynn area is the $3.33 price per square foot 53 N Common St Model at 53 N Common St, Unit 2R in the in the Central neighborhood starting from $4,000. The second greatest value Downtown Lynn apartment is the B1B Model at Cove164 starting at $2,570 with a $2.89 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 53 N Common St, Unit 2R | 53 N Common St | 3BR,2BA | $3.33 |
| Cove164 | B1B | 2BR,1BA | $2.89 |
| 11-17 Beach Road Apartments | 17 Beach Road 2 Bedroom 1 Bathroom | 2BR,1BA | $3.25 |
| Breakwater North Harbor | A1D | 1BR,1BA | $3.54 |
| The Oxford Lynn | 1 Bed - 02 | 1BR,1BA | $3.70 |
| 24 Mount Vernon Apartments | Standard Studio | Studio ,1BA | $3.81 |
| Mosaic | 0 Beds, 1 Baths | Studio ,1BA | $4.38 |
| Caldwell | S3 | Studio ,1BA | $4.96 |
Frequently Asked Questions about Downtown Lynn
What type of rentals are currently available in Downtown Lynn?
There are currently 244 Apartments for Rent in Downtown Lynn, MA with pricing that ranges from $1,625 to $4,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynn ranging from $1,200 to $4,200.
What is the current price range for Rental Homes in Downtown Lynn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lynn ranges from $1,200 to $4,200 with an average monthly rent of $2,077.
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

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.

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.

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.