Cheap Apartments for Rent in the Lynn Waterfront Neighborhood of Lynn, MA from $900 (83 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lynn Waterfront area of Lynn.

property at 92 S Common St

$1,400 - $1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio To 1 Bedroom Rentals

Available Now

92 S Common St

LynnMA01902
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2 Johnsons Ter
$1,500 - $1,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500 - $1,600

Total Monthly Price
$1,500 - $1,600
1 Bedroom Apartment Available Now

2 Johnsons Ter

2 Johnsons TerLynn, MA 01902
Affordability
property at 99 Laighton St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio, 1 Bath Home for Rent

Available Now

99 Laighton St

LynnMA01902
property at 2 Kingsley Terrace

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

property at 119 Lewis St

$1,799

Total Monthly Price

Total Monthly Price

Base Rent
$1,799

Total Monthly Price
$1,799

1 Bedroom, 1 Bath Home for Rent

Available Now

119 Lewis 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 838 Western Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

838 Western Ave

LynnMA01905
property at 138 Franklin St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

138 Franklin St

LynnMA01902
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Caldwell
Rent Specials
$1,860 - $3,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,860 - $3,175

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Caldwell

34 Munroe StLynn, MA 01901
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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 180 Lewis St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

180 Lewis St

LynnMA01902
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20 Park St
Rent Specials
$1,975 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,975 - $2,450

Total Monthly Price
$1,975 - $2,450
1 to 2 Bedroom Apartments Available Now

20 Park St

20 Park StLynn, MA 01905
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
property at 112 S Common St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1 Bath Home for Rent

Available Now

112 S Common St

LynnMA01902

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.

property at 23 Echo Grove Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

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Cove164
Rent Specials
$2,025 - $2,720
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,025 - $2,720

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Cove164

164 Blossom StLynn, MA 01902
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 472 Essex St

$1,800 - $2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 Bedroom Rentals

Available Now

472 Essex St

LynnMA01902
property at 44 Cedar St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

44 Cedar St

LynnMA01905
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The Oxford Lynn
$2,100 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $2,450

Total Monthly Price
$2,100 - $2,450
1 Bedroom Apartments Available May 1

The Oxford Lynn

87 Oxford StLynn, MA 01901
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 90 Ford St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

90 Ford St

LynnMA01904

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 112 Hollingsworth St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 9 Laurel St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

2 Bedroom, 1 Bath Home for Rent

Available Now

9 Laurel St

LynnMA01905

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 Waterfront, Lynn, MA Local Guide

Cheapest Available Lynn Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Lynn Waterfront area of Lynn, MA is a Studio unit found at BayView Apartments priced from $1,595. Mosaic has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here are the most affordable Lynn Waterfront apartments for rent in Lynn, MA:

Apartment ListingModel NameBed/BathPriced From
BayView Apartments66 Basset St StudioStudio,1BA$1,595
Mosaic0 Beds, 1 BathsStudio,1BA$1,795
CaldwellS3Studio,1BA$1,860
11-17 Beach Road Apartments17 Beach Road1BR,1BA$1,900
The Vault0BR/1.0BAStudio,1BA$1,900
20 Park StOne Bedroom1BR,1BA$1,975
175 Ocean StThe Threes1BR,1BA$2,000
24 Mount Vernon ApartmentsRenovated 1-bedroom1BR,1BA$2,195

Best Value Apartments for Rent in Lynn Waterfront, MA

As of April 28, 2026 the best value apartment in the Lynn Waterfront area is the $2.65 price per square foot 40 Fowler Ave Model at 40 Fowler Ave in the in the East Saugus neighborhood starting from $4,100. The second greatest value Lynn Waterfront apartment is the 22 Whiting St Model at 22 Whiting St, Unit 1 starting at $3,200 with a $2.29 price per square foot in the Central neighborhood. Here is today’s list of the best values for Lynn Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
40 Fowler Ave40 Fowler Ave3BR,1.5BA$2.65
22 Whiting St, Unit 122 Whiting St3BR,1BA$2.29
12 Michigan Ave, Unit 12 Michigan Ave Lynn #212 Michigan Ave3BR,1BA$2.31
190 North ShoreNew 2bd center unit2BR,2BA$2.56
730 Summer St, Unit 2730 Summer St2BR,1BA$1.98
Cove164B1C2BR,1BA$3.00
20 Park StTwo Bedroom2BR,1BA$2.80
121 Johnson St, Unit 2L121 Johnson St2BR,1BA$2.63
24 Mount Vernon ApartmentsRenovated 1-bedroom with Loft1BR,1BA$3.22
2 Johnsons Ter2 Johnsons Ter1BR,1BA$2.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Lynn Waterfront, Lynn, MA

Ranked #6

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Lynn Waterfront Apartments

What is a cheap apartment in Lynn Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynn Waterfront is under $2,195.

What is the price of a cheap apartment in Lynn Waterfront?

The cheapest apartment in Lynn Waterfront is 11-17 Beach Road Apartments which is listed at $1,900, while the average apartment in Lynn Waterfront costs $5,400.

What types of apartments are the cheapest in Lynn Waterfront?

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 70 regular apartments in Lynn Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lynn Waterfront?

Cheap apartments in Lynn Waterfront have an average cost of $504 which is $4,896 cheaper than the average rent for all rentals in Lynn Waterfront.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.