Cheap Homes for Rent in Lynn, MA from $1,300 (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.

property at 303 Broadway

303 Broadway

LynnMA01904

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.

property at 580 Salem St

580 Salem St

WakefieldMA01880

Lynn, MA Local Guide

Cheapest Neighborhoods for Apartments in Lynn, MA

Pricing Updated: 07/25/2025

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$3,700$1,595136
Lynn Waterfront$3,937$1,500270

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. Breakwater North Harbor in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. 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
Breakwater North HarborS1BStudio,1BA$1,800
CaldwellS3Studio,1BA$1,840
Mosaic0 Beds, 1 BathsStudio,1BA$1,895
The Vault0BR/1.0BAStudio,1BA$1,900

Best Value Apartments for Rent in Lynn, MA

As of July 25, 2025 the best value apartment in the Lynn area is the $0.22 price per square foot 16 Hanson Rd Model at 16 Hanson Rd, Unit #1 in the in the East Saugus neighborhood starting from $2,200. The second greatest value Lynn apartment is the 17 Hanson Rd Model at 17 Hanson Rd, Unit #1 starting at $2,200 with a $0.22 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.
16 Hanson Rd, Unit #116 Hanson Rd2BR,1BA$0.22
17 Hanson Rd, Unit #117 Hanson Rd2BR,1BA$0.22
82 Chestnut St, Unit #382 Chestnut St1BR,1BA$0.20
85 Timson St, Unit #185 Timson St2BR,1BA$0.24
5 Cedar Hill Ter5 Cedar Hill Ter3BR,2BA$1.64
21 Hawser Ln, Unit 221 Hawser Ln2BR,2.5BA$1.98
35 Pacific St, Unit #235 Pacific St2BR,1BA$1.73
129 Lynnway, Unit #3129 Lynnway2BR,1BA$2.15
129 Lynnway, Unit #1129 Lynnway2BR,1BA$2.23
9 Carlton St, Unit #39 Carlton St2BR,1BA$2.20

Quick Rent Budget Calculator

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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 459 Apartments for Rent in Lynn, MA with pricing that ranges from $1,450 to $30,503. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $1,300 to $5,500.

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 $1,300 to $5,500 with an average monthly rent of $3,229.

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 $2,700 to $5,605, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,800. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $3,100.

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.