Cheap Apartments for Rent in Lynnfield, MA from $1,000 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lynnfield.

property at 34 Chestnut St

34 Chestnut St

WakefieldMA01880

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 376 Washington St
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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included

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 116 Lafayette St

116 Lafayette St

SalemMA01970
property at 15 W Water St

15 W Water St

WakefieldMA01880
property at 3 Summit Dr

3 Summit Dr

ReadingMA01867
property at 223 Essex St

223 Essex St

MelroseMA02176
property at 116-124A Central Ave
property at 80 Sagamore St

80 Sagamore St

LynnMA01902

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

property at 76 Woburn St

76 Woburn St

ReadingMA01867
property at 17-19-19 Washington St
property at 56 Johnson St

56 Johnson St

LynnMA01902
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598 North
1 to 2 Bedroom Apartments

598 North

598 North AveWakefield, MA 01880
property at 295 Main St

295 Main St

ReadingMA01867
property at 59 Spring St

59 Spring St

WakefieldMA01880

Explore Like a Local: The Insider's Guide to Boston

Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

property at 86 Salem St

86 Salem St

ReadingMA01867

Lynnfield, MA Local Guide

Cheapest Available Lynnfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lynnfield, MA is a 1 Bed unit found at Ezio‘s Place in the South Peabody neighborhood priced from $2,050. 27-37 Water St in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here is today’s list of the most affordable Lynnfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2,050
27-37 Water St1 Bedroom1BR,1BA$2,100
Colonial Point ApartmentsModel 1A1BR,1BA$2,200
Jayden ApartmentsA1 Income Restricted1BR,1BA$2,240
Alexan PeabodyS1Studio,1BA$2,263

Best Value Apartments for Rent in Lynnfield, MA and Nearby

As of October 23, 2025 the best value apartment in the Lynnfield area is the $2.08 price per square foot 18 Union St Model at 18 Union St, Unit 2 in the in the Downtown Reading neighborhood starting from $3,300. The second greatest value Lynnfield apartment is the B1/B1a Model at Grayson Lofts starting at $3,290 with a $3.55 price per square foot in the Greenwood neighborhood. Here is today’s list of the best values for Lynnfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
18 Union St, Unit 218 Union St4BR,1BA$2.08
Grayson LoftsB1/B1a2BR,2BA$3.55
EverlyOne Bedroom One Bath (873 SF)1BR,1BA$3.20
The ElmsOne Bed1BR,1BA$3.18
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
1 Railroad Ave, Unit Apt1 1st Floor1 Railroad Ave1BR,1BA$2.35
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2.56
Lynnfield CommonsBarberry1BR,1BA$3.22
Jayden ApartmentsA11BR,1BA$3.27
27-37 Water St1 Bedroom1BR,1BA$3.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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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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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lynnfield, MA Rentals by Map

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Getting Around Lynnfield, MA

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lynnfield Apartments

What is the Cheapest Studio apartment in Lynnfield?

Currently the most affordable Cheap Studio Apartment in Lynnfield is at Alexan Peabody listed at $2,263.

How much is rent for a Cheap One Bedroom Lynnfield Apartment?

The lowest price for a Cheap One Bedroom Lynnfield Apartment is $2,050 at Ezio‘s Place.

What is the lowest price for a Cheap Two Bedroom Lynnfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lynnfield is starting from $2,750 at The Elms.

What is the most affordable Lynnfield Three Bedroom Apartment?

The best deal on a cheap Lynnfield Three Bedroom Apartment rental is at The Elms and starts from $3,066.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.