
Cheap Apartments for Rent in the Lynn Waterfront Neighborhood of Lynn, MA from $900 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lynn Waterfront area of Lynn.


92 S Common St

Total Monthly Price
2 Johnsons Ter

BayView Apartments

99 Laighton St

38 Estes St, Unit 4

145 Munroe St, Unit 304

2 Kingsley Terrace

2 Kingsley Terrace, Unit 9

119 Lewis St
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.

33-35 Essex Ct, Unit Unit 1

Total Monthly Price
Breakwater North Harbor

116-124A Central Ave, Unit 41

838 Western Ave

44 Estes St, Unit 14

44 Estes St, Unit 5

44 Estes St, Unit 26

138 Franklin St

Total Monthly Price
Caldwell

38 Estes St, Unit 15
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.

38 Estes St, Unit 12

23 Central Ave, Unit 301

Total Monthly Price
11-17 Beach Road Apartments

The Vault

180 Lewis St

25 Hamilton Ave, Unit 3

Total Monthly Price
20 Park St

112 S Common St

175 Ocean St

67 Tudor St, Unit 16
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.

22 Chatham St, Unit 2L

23 Echo Grove Ave

Total Monthly Price
Cove164

472 Essex St

44 Cedar St

23 Central Ave, Unit 402

Total Monthly Price
121 Johnson St, Unit Unit 2L, Unit Unit 2L

Total Monthly Price
The Oxford Lynn

90 Ford St

191 N Common St, Unit 305
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.

191 N Common St, Unit 207

167 N Common St, Unit 36

87 Oxford St, Unit 406

87 Oxford St, Unit 404

24 Mount Vernon Apartments

Total Monthly Price
27 Dearborn Ave, Unit Apt 3, Unit Apt 3

Total Monthly Price
21 Shepard St, Unit unit, Unit unit

112 Hollingsworth St

23 Central Ave, Unit 207

9 Laurel St
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 | $2,032 | $1,400 | $2,659 |
| Lynn Waterfront 1 Bedroom Apartments | $2,416 | $1,500 | $3,425 |
| Lynn Waterfront 2 Bedroom Apartments | $3,179 | $1,995 | $4,300 |
| Lynn Waterfront 3 Bedroom Apartments | $3,481 | $2,350 | $5,075 |
| Lynn Waterfront 4 Bedroom Apartments | $3,440 | $3,000 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 83 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BayView Apartments | 66 Basset St Studio | Studio,1BA | $1,595 |
| Mosaic | 0 Beds, 1 Baths | Studio,1BA | $1,795 |
| Caldwell | S3 | Studio,1BA | $1,860 |
| 11-17 Beach Road Apartments | 17 Beach Road | 1BR,1BA | $1,900 |
| The Vault | 0BR/1.0BA | Studio,1BA | $1,900 |
| 20 Park St | One Bedroom | 1BR,1BA | $1,975 |
| 175 Ocean St | The Threes | 1BR,1BA | $2,000 |
| 24 Mount Vernon Apartments | Renovated 1-bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 40 Fowler Ave | 40 Fowler Ave | 3BR,1.5BA | $2.65 |
| 22 Whiting St, Unit 1 | 22 Whiting St | 3BR,1BA | $2.29 |
| 12 Michigan Ave, Unit 12 Michigan Ave Lynn #2 | 12 Michigan Ave | 3BR,1BA | $2.31 |
| 190 North Shore | New 2bd center unit | 2BR,2BA | $2.56 |
| 730 Summer St, Unit 2 | 730 Summer St | 2BR,1BA | $1.98 |
| Cove164 | B1C | 2BR,1BA | $3.00 |
| 20 Park St | Two Bedroom | 2BR,1BA | $2.80 |
| 121 Johnson St, Unit 2L | 121 Johnson St | 2BR,1BA | $2.63 |
| 24 Mount Vernon Apartments | Renovated 1-bedroom with Loft | 1BR,1BA | $3.22 |
| 2 Johnsons Ter | 2 Johnsons Ter | 1BR,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.
Read ArticleDon'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 #6
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 $2,195.
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

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.

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.

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.

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.