Cheap Homes for Rent in Lynnfield, MA from $900 (15 Rentals)

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

property at 376 Washington St
property at 5 Nelson Cir

5 Nelson Cir

MiddletonMA01949
property at 116 Lafayette St

116 Lafayette St

SalemMA01970
property at 905 Main St

905 Main St

LynnfieldMA01940
property at 3 Summit Dr

3 Summit Dr

ReadingMA01867

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 80 Sagamore St

80 Sagamore St

LynnMA01902
property at 594 Franklin St

594 Franklin St

MelroseMA02176
property at 60 Franklin St

60 Franklin St

StonehamMA02180
property at 71 Montvale Ave

71 Montvale Ave

StonehamMA02180
property at 116-124A Central Ave

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 223 Essex St

223 Essex St

MelroseMA02176
property at 157 Franklin St

157 Franklin St

StonehamMA02180
property at 333 Central St

333 Central St

SaugusMA01906
property at 56 Johnson St

56 Johnson 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.

Lynnfield, MA Local Guide

Cheapest Available Lynnfield Apartments for Rent

 

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 ListingModel NameBed/BathPriced From
27-37 Water St1 Bedroom1BR,1BA$2,100
Colonial Point ApartmentsModel 1A1BR,1BA$2,200
Avalon SaugusSM04Studio,1BA$2,225
Alexan PeabodyS1Studio,1BA$2,263
EverlyOne Bedroom One Bath (789 SF)1BR,1BA$2,281

Best Value Apartments for Rent in Lynnfield, MA

As of December 13, 2025 the best value apartment in the Lynnfield area is the $2.75 price per square foot B1 Model at Jayden Apartments in the in the South Peabody neighborhood starting from $2,895. The second greatest value Lynnfield apartment is the 39 Gould St Model at 39 Gould St, Unit 39 Gould St. starting at $2,650 with a $2.52 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.
Jayden ApartmentsB12BR,2BA$2.75
39 Gould St, Unit 39 Gould St.39 Gould St2BR,1BA$2.52
286 Albion St, Unit #2286 Albion St1BR,1BA$2.46
The ElmsOne Bed1BR,1BA$3.18
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
Michaels Landing1BED 1BATH (Available NOW)1BR,1BA$2.94
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
Lynnfield CommonsBarberry1BR,1BA$2.94
EverlyOne Bedroom One Bath (789 SF)1BR,1BA$2.89
10 Wakefield Ave, Unit 3R10 Wakefield Ave2BR,1BA$3.29

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

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Frequently Asked Questions about Lynnfield

What type of rentals are currently available in Lynnfield?

There are currently 98 Apartments for Rent in Lynnfield, MA with pricing that ranges from $1,795 to $9,632. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynnfield ranging from $910 to $22,500.

What is the current price range for Rental Homes in Lynnfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynnfield ranges from $910 to $22,500 with an average monthly rent of $6,943.

How much are larger Three and Four Bedroom Rentals in Lynnfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynnfield range from $3,100 to $4,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,495 and Four Bedroom Apartments start at $4,400.

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

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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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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!

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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.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

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

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

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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.

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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.