Cheap Homes for Rent in Lynn, MA from $1,200 (31 Rentals)

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

property at 376 Washington St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

property at 126 Union St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

126 Union St

LynnMA01902

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert

Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

property at 81 Whiting St

$1,900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

81 Whiting St, Unit 21, Unit 21

81 Whiting St
LynnMA01902
property at 73 High Rock St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1 Bath Townhome for Rent

Available Now

73 High Rock St

LynnMA01902

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.

property at 465 Revere Beach Blvd

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

property at 131 Ocean St

$2,025

Total Monthly Price

Total Monthly Price

Base Rent
$2,025

Total Monthly Price
$2,025

Studio, 1 Bath Condo for Rent

Available Now

131 Ocean St

LynnMA01902
property at 299 Nahant Rd

$2,025

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,025

Total Monthly Price
$2,025

1 Bedroom, 1 Bath Condo for Rent

Available Now

299 Nahant Rd, Unit 4, Unit 4

299 Nahant Rd
NahantMA01908

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 148 Washington St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Home for Rent

Available Now

148 Washington St

PeabodyMA01960

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.

property at 1 Atlantic St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

1 Atlantic St

LynnMA01902
property at 406 Broadway

$2,400 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom Rentals

Available Now

406 Broadway

LynnMA01904

Lynn, MA Local Guide

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 05/18/2026

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$3,600$1,20010
Lynn Waterfront$3,625$1,20017

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 $1,650. Mosaic in the Central neighborhood has the second lowest priced unit, which is a 1 Bed 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 Basset St StudioStudio,1BA$1,650
Mosaic1 Beds, 1 Baths1BR,1BA$1,795
CaldwellS3Studio,1BA$1,870
11-17 Beach Road Apartments17 Beach Road 1 Bedroom 1 Bathroom Small1BR,1BA$1,900
Breakwater North HarborS1CStudio,1BA$1,950
20 Park StOne Bedroom1BR,1BA$1,975
175 Ocean StThe Threes1BR,1BA$2,000
Ocean Plaza ApartmentsOne Bedroom1BR,1BA$2,195
24 Mount Vernon ApartmentsStandard StudioStudio,1BA$2,195

Best Value Apartments for Rent in Lynn, MA

As of May 18, 2026 the best value apartment in the Lynn area is the $0.78 price per square foot 12 Walter St Model at 12 Walter St, Unit #1 in the in the East Lynn neighborhood starting from $3,275. The second greatest value Lynn apartment is the 61 Park St Model at 61 Park St, Unit 61 Park St Unit 3 starting at $3,000 with a $1.50 price per square foot in the Central 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 Walter St, Unit #112 Walter St3BR,1BA$0.78
61 Park St, Unit 61 Park St Unit 361 Park St3BR,1BA$1.50
87 Auburn St, Unit 87 Auburn Street87 Auburn St3BR,1.5BA$2.34
Eagle Rock Apartments at SwampscottB12BR,2BA$2.45
12 Michigan Ave12 Michigan Ave3BR,1BA$1.92
190 North ShoreNew 2bd center unit2BR,2BA$2.58
Michaels LandingTOP FLOOR 2BED 2BATH2BR,2BA$2.50
The Fairmount North Shore2E2BR,2BA$2.54
20 Park StTwo Bedroom2BR,1BA$2.74
Ezio‘s Place1 Bed+Office Den, 1 Bath (MAY-JUNE 2026)2BR,1BA$2.70

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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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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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Lynn, MA
Population: 94,654

Ranked #338

in US Census Population by City

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

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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 466 Apartments for Rent in Lynn, MA with pricing that ranges from $1,500 to $8,101. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $1,200 to $9,850.

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 $1,200 to $9,850 with an average monthly rent of $4,054.

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 $2,150 to $5,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $3,500.

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.

Helpful Local Expert Guides

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