
Cheap Apartments for Rent in Lynnfield, MA from $1,000 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Lynnfield.


24 Pleasant St

8 Wakefield Ave

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124 Salem St, Unit D

124 Salem St

Furnished Studio-Boston - Peabody

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74 Vernon St, Unit 1
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34 Richardson St, Unit #2

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27-37 Water St

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Grayson Lofts

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224 Albion St, Unit 1

34 Chestnut St

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Colonial Point Apartments

52 Vernon St
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Ezio‘s Place

39-41 Richardson Ave

159 Franklin St

71 Montvale Ave

150 Main St

598 North

Rockledge Apartments
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107 Greenwood St
Lynnfield, MA Local Guide

How much does it cost to rent an apartment in Lynnfield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Lynnfield Studio Apartments | $2,579 | $1,750 | $5,520 |
| Lynnfield 1 Bedroom Apartments | $3,011 | $1,895 | $5,859 |
| Lynnfield 2 Bedroom Apartments | $3,603 | $1,900 | $7,370 |
| Lynnfield 3 Bedroom Apartments | $5,001 | $2,950 | $6,725 |
| Lynnfield 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
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Lynnfield, MA Local Guide
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Cheapest Available Lynnfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Lynnfield, MA is a 1 Bed unit found at 27-37 Water St in the Greenwood neighborhood priced from $2,100. Colonial Point Apartments in the West Peabody neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,200. Here is today’s list of the most affordable Lynnfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| Grayson Lofts | S1/S1a | Studio,1BA | $2,275 |
| Ezio‘s Place | 1Bed, 1Bath (MAR-APR 2026) | 1BR,1BA | $2,300 |
| Rockledge Apartments | Two Bedroom | 2BR,1BA | $2,400 |
Best Value Apartments for Rent in Lynnfield, MA and Nearby
As of March 24, 2026 the best value apartment in the Lynnfield area is the $1.97 price per square foot 39 Melvin St Model at 39 Melvin St, Unit 1 in the in the Greenwood neighborhood starting from $2,950. The second greatest value Lynnfield apartment is the 554 Main St Model at 554 Main St, Unit 2 starting at $3,600 with a $2.77 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 39 Melvin St, Unit 1 | 39 Melvin St | 3BR,2BA | $1.97 |
| 554 Main St, Unit 2 | 554 Main St | 4BR,1BA | $2.77 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $3.14 |
| 74 Vernon St, Unit Unit 1 | 74 Vernon St | 1BR,1BA | $2.33 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (MAR-APR 2026) | 2BR,1BA | $2.94 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| Lynnfield Commons | Barberry | 1BR,1BA | $3.14 |
| Rockledge Apartments | Two Bedroom | 2BR,1BA | $3.04 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $3.10 |
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Read ArticleBoston Neighborhood Guide: Living Near UMass, MGH, and State Street
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleTop 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
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.
Best Local Schools in Lynnfield, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lynnfield, MA Rentals by Map
See the most popular apartments and homes in Lynnfield, MA
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 Grayson Lofts listed at $2,095.
How much is rent for a Cheap One Bedroom Lynnfield Apartment?
The lowest price for a Cheap One Bedroom Lynnfield Apartment is $2,100 at 27-37 Water St.
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 $2,400 at Rockledge Apartments.
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
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.
Helpful Local Expert Guides

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
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Articles, How-To's, and Tips

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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.