Cheap Homes for Rent in Lynnfield, MA from $1,700 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 272 Albion St

272 Albion St

WakefieldMA01880

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 580 Salem St

580 Salem St

WakefieldMA01880

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.

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. Wakefield one, two, and three bedrooms 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
Wakefield one, two, and three bedrooms1BR/1.0BA1BR,1BA$2,100
27-37 Water St1 Bedroom1BR,1BA$2,100
Lynnfield CommonsBarberry1BR,1BA$2,198
Colonial Point ApartmentsModel 1A1BR,1BA$2,200

Best Value Apartments for Rent in Lynnfield, MA and Nearby

As of June 20, 2025 the best value apartment in the Lynnfield area is the $3.16 price per square foot 20 Lawrence St Model at 20 Lawrence St, Unit 2 in the in the Montrose neighborhood starting from $4,800. The second greatest value Lynnfield apartment is the B4 Model at Jayden Apartments starting at $4,000 with a $3.10 price per square foot in the South Peabody 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.
20 Lawrence St, Unit 220 Lawrence St2BR,2.5BA$3.16
Jayden ApartmentsB42BR,2BA$3.10
15 W Water St, Unit 215 W Water St2BR,1BA$2.75
The ElmsTwo Bed2BR,1BA$3.03
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
Highlands at Dearborn ApartmentsThe Cranmore1BR,1BA$3.23
Michaels Landing1BED 1BATH (AUG-SEP 2025)1BR,1BA$3.13
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2.56
Lynnfield CommonsBarberry1BR,1BA$2.76
Wakefield one, two, and three bedrooms1BR/1.0BA1BR,1BA$3.44

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lynnfield

What type of rentals are currently available in Lynnfield?

There are currently 94 Apartments for Rent in Lynnfield, MA with pricing that ranges from $1,800 to $19,397. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynnfield ranging from $1,700 to $7,250.

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 $1,700 to $7,250 with an average monthly rent of $3,990.

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 $2,250 to $6,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $3,600.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.