Cheap Apartments for Rent in the Lynn Waterfront Neighborhood of Lynn, MA from $900 (30 Rentals)

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

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Cobbet Hill
1 Bedroom Apartments

Cobbet Hill

498 Essex StLynn, MA 01902
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132-138 S Common St
Studio to 3 Bedroom Apartments

132-138 S Common St

132-138 S Common StLynn, MA 01902
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Riverway Apartments
Studio to 2 Bedroom Apartments

Riverway Apartments

6 Needhams Landing RdLynn, MA 01905
  • Utilities Included
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25 Woodman St
2 Bedroom Apartments

25 Woodman St

25-27 Woodman StLynn, MA 01905
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131 Ocean St
1 Bedroom Apartments

131 Ocean St

131 Ocean StLynn, MA 01902

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 Market Street Apartments priced from $1,495. BayView Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable Lynn Waterfront apartments for rent in Lynn, MA:

Apartment ListingModel NameBed/BathPriced From
Market Street ApartmentsStudioStudio,1BA$1,495
BayView Apartments66 Studio ClassicStudio,1BA$1,500
CaldwellS3Studio,1BA$1,840
20 Park StOne Bedroom1BR,1BA$1,900
Mosaic1B-61BR,1BA$1,922
24 Mount Vernon ApartmentsRenovated StudioStudio,1BA$2,025
The Oxford Lynn1 Bed - 061BR,1BA$2,050
The ShipwrightJ1 | 1 Bed | 1 Bath | JR1BR,1BA$2,050

Best Value Apartments for Rent in Lynn Waterfront, MA

As of June 21, 2025 the best value apartment in the Lynn Waterfront area is the $1.87 price per square foot 150 Allen Ave Model at 150 Allen Ave, Unit 1 in the in the Central neighborhood starting from $2,900. The second greatest value Lynn Waterfront apartment is the 14 Michigan Ave Model at 14 Michigan Ave, Unit 14 Michigan Ave Lynn starting at $3,000 with a $2.31 price per square foot in the East Lynn 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.
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
21 Blaney St, Unit #121 Blaney St2BR,1BA$2.25
190 North ShoreNew 2bd center unit2BR,2BA$2.67
168 Humphrey St, Unit #1168 Humphrey St2BR,2BA$2.66
56 Broad St, Unit #256 Broad St1BR,1BA$2.10
20 High Street Lynn, MA 019022BR/1.0BA2BR,1BA$2.40
35 Wyman St, Unit #10235 Wyman St2BR,1BA$2.45

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Pet Friendly Lifestyle
Lynn Waterfront, Lynn, MA

Ranked #8

Among neighborhoods in Lynn, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Lynn Waterfront Neighborhood in Lynn, MA

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

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 $2,050.

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

The cheapest apartment in Lynn Waterfront is 20 Park St which is listed at $1,900, while the average apartment in Lynn Waterfront costs $3,325.

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 1 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 $200 which is $3,125 cheaper than the average rent for all rentals in Lynn Waterfront.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.