Cheap Homes for Rent in Lynn, MA from $1,500 (17 Rentals)

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

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.

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.

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.

Lynn, MA Local Guide

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 06/22/2025

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
Downtown Lynn$3,000$1,550127
Lynn Waterfront$3,335$1,300258

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. Market Street Apartments in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. 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
Market Street ApartmentsStudioStudio,1BA$1,595
CaldwellS3Studio,1BA$1,840
20 Park StOne Bedroom1BR,1BA$1,900
Mosaic1B-61BR,1BA$1,922

Best Value Apartments for Rent in Lynn, MA

As of June 22, 2025 the best value apartment in the Lynn area is the $0.25 price per square foot 12 Hanson Rd Model at 12 Hanson Rd, Unit #2 in the in the East Saugus neighborhood starting from $2,500. The second greatest value Lynn apartment is the 21 Essex St Model at 21 Essex St, Unit #6 starting at $2,650 with a $0.27 price per square foot in the East Saugus 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.
12 Hanson Rd, Unit #212 Hanson Rd2BR,1BA$0.25
21 Essex St, Unit #621 Essex St3BR,1BA$0.27
44 Pearson St44 Pearson St3BR,2BA$2.27
150 Allen Ave, Unit 1150 Allen Ave3BR,3BA$1.87
14 Michigan Ave, Unit 14 Michigan Ave Lynn14 Michigan Ave3BR,1BA$2.31
12 Michigan Ave, Unit 12 Michigan Ave Lynn #212 Michigan Ave3BR,1BA$2.31
129 Lynnway, Unit #3129 Lynnway2BR,1BA$2.23
33 Bristow St, Unit #133 Bristow St2BR,1BA$2.33
21 Blaney St, Unit #121 Blaney St2BR,1BA$2.25
56 Broad St, Unit #256 Broad St1BR,1BA$2.10

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Lynn, MA Area Reviews

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Frequently Asked Questions about Lynn

What type of rentals are currently available in Lynn?

There are currently 471 Apartments for Rent in Lynn, MA with pricing that ranges from $1,300 to $9,874. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $1,500 to $4,800.

What is the current price range for Rental Homes in Lynn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynn ranges from $1,500 to $4,800 with an average monthly rent of $2,781.

How much are larger Three and Four Bedroom Rentals in Lynn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynn range from $1,300 to $5,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,300.

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 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.