
Cheap Apartments for Rent in the Lynn Waterfront Neighborhood of Lynn, MA from $800 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lynn Waterfront area of Lynn.


64 Market St

585 Essex St

124 Green St

BayView Apartments

77 Green St

4 Kingsley Terrace
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.

2 Kingsley Terrace

604 Essex St

119 Lewis St

175 Ocean St

Total Monthly Price
Breakwater North Harbor

Total Monthly Price
Caldwell

99 Franklin St
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.

Total Monthly Price
11-17 Beach Road Apartments

116-124A Central Ave

35 Sagamore St

44 Estes St

34 Herbert St

38 Estes St
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.

838 Western Ave

Clean, newly renovated rooming house rooms available for rent (Light St, Lynn)
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

How much does it cost to rent an apartment in Lynn Waterfront?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Lynn Waterfront Studio Apartments | $2,023 | $850 | $2,659 |
| Lynn Waterfront 1 Bedroom Apartments | $2,493 | $1,600 | $3,425 |
| Lynn Waterfront 2 Bedroom Apartments | $3,342 | $2,100 | $4,340 |
| Lynn Waterfront 3 Bedroom Apartments | $3,910 | $1,975 | $5,075 |
| Lynn Waterfront 4 Bedroom Apartments | $3,340 | $2,900 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Lynn Waterfront Neighborhood of Lynn, MA.
See all Apartments in LynnExplore Lynn
Lynn Waterfront, Lynn, MA Local Guide
- Nearby Lynn neighborhoods
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Cheapest Available Lynn Waterfront Apartments for Rent
 The cheapest available apartment rental in the Lynn Waterfront area of Lynn, MA is a 1 Bed unit found at Clean, newly renovated rooming house rooms available for rent (Light St, Lynn) priced from $950. BayView Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here are the most affordable Lynn Waterfront apartments for rent in Lynn, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clean, newly renovated rooming house rooms available for rent (Light St, Lynn) | 1BR/1.0BA | 1BR,1BA | $950 |
| BayView Apartments | 66 Basset St Studio | Studio,1BA | $1,600 |
| Caldwell | S3 | Studio,1BA | $1,840 |
| Mosaic | 0 Beds, 1 Baths | Studio,1BA | $1,945 |
| 11-17 Beach Road Apartments | 60 Lewis St-1B-1B | 1BR,1BA | $2,100 |
| 20 Park St | One Bedroom | 1BR,1BA | $2,150 |
| The Oxford Lynn | 1 Bed - 02 | 1BR,1BA | $2,195 |
| 20 High Street Lynn, MA 01902 | 2BR/1.0BA | 2BR,1BA | $2,200 |
| Breakwater North Harbor | A1A | 1BR,1BA | $2,260 |
Best Value Apartments for Rent in Lynn Waterfront, MA
As of January 01, 2026 the best value apartment in the Lynn Waterfront area is the $1.80 price per square foot 15 Norfolk Ave Model at 15 Norfolk Ave, Unit 2 in the in the East Lynn neighborhood starting from $3,600. The second greatest value Lynn Waterfront apartment is the 40 Fowler Ave Model at 40 Fowler Ave starting at $4,100 with a $2.65 price per square foot in the East Saugus neighborhood. Here is today’s list of the best values for Lynn Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15 Norfolk Ave, Unit 2 | 15 Norfolk Ave | 4BR,2BA | $1.80 |
| 40 Fowler Ave | 40 Fowler Ave | 3BR,1.5BA | $2.65 |
| 730 Summer St, Unit 2 | 730 Summer St | 2BR,1BA | $1.98 |
| 17 Norfolk Ave, Unit 17 | 17 Norfolk Ave | 2BR,1BA | $2.55 |
| 20 High Street Lynn, MA 01902 | 2BR/1.0BA | 2BR,1BA | $2.20 |
| The Vault | 2BR/2.0BA | 2BR,2BA | $2.90 |
| 31 Walter St, Unit 3 | 31 Walter St | 2BR,1BA | $2.57 |
| 20 Park St | Two Bedroom | 2BR,1BA | $2.80 |
| 175 Ocean St | The Fours | 1BR,1BA | $2.83 |
| Clean, newly renovated rooming house rooms available for rent (Light St, Lynn) | 1BR/1.0BA | 1BR,1BA | $1.90 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleLynn Waterfront, Lynn, MA
Ranked #9
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lynn Waterfront, Lynn, MA
Lynn Vocational Technical Institute
School data provided by Great Schools
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 $2,260.
What is the price of a cheap apartment in Lynn Waterfront?
The cheapest apartment in Lynn Waterfront is Clean, newly renovated rooming house rooms available for rent (Light St, Lynn) which is listed at $950, while the average apartment in Lynn Waterfront costs $4,220.
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 66 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 $432 which is $3,788 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










