Cheap Homes for Rent in Methuen, MA from $1,000 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 30 Lawrence St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 5 Bath Condo for Rent

Available Now

30 Lawrence St

LawrenceMA01840
property at 3 Lancelot Court

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

3 Lancelot Court

SalemNH03079
property at 75 Beacon St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

75 Beacon St

LawrenceMA01843
property at 281 S Broadway

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

281 S Broadway

LawrenceMA01843

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.

property at 206 Primrose St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Home for Rent

Available Now

206 Primrose St

HaverhillMA01830
property at 13 Thornton Ave

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1 Bath Condo for Rent

Available Now

13 Thornton Ave

LawrenceMA01841
property at 200 Market St

$2,000 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 To 2 Bedroom Rentals

Available Now

200 Market St

LowellMA01852

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 440 North Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

440 North Ave

HaverhillMA01830
property at 202 Wilson St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

3 Bedroom, 1 Bath Home for Rent

Available Now

202 Wilson St

HaverhillMA01832
property at 86 Beacon St

$2,285

Total Monthly Price

Total Monthly Price

Base Rent
$2,285

Total Monthly Price
$2,285

2 Bedroom Rentals

Available Jun 1

86 Beacon St

LawrenceMA01843
property at 130 S Elm St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 1 Bath Condo for Rent

Available Now

130 S Elm St

HaverhillMA01835
property at 13 Myles Standish Dr

$2,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

13 Myles Standish Dr, Unit #2, Unit #2

13 Myles Standish Dr
HaverhillMA01835
property at 41 Farrwood Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

41 Farrwood Ave

North AndoverMA01845

Cash 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.

Methuen, MA Local Guide

Cheapest Available Methuen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Methuen, MA is a Studio unit found at Hamilton Park in the Outer Greater Merrimack Valley neighborhood priced from $1,400. LOWELL ARMS APARTMENTS in the South West Lawrence neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here is today’s list of the most affordable Methuen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hamilton ParkS - AStudio,1BA$1,400
LOWELL ARMS APARTMENTSStudioStudio,1BA$1,600
Saunders CrossingThe Charles RenovatedStudio,1BA$1,677
141 Amesbury StOne Bedroom1BR,1BA$1,695
Washington Place21/131BR,1BA$1,750

Best Value Apartments for Rent in Methuen, MA and Nearby

As of May 19, 2026 the best value apartment in the Methuen area is the $0.63 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,300. The second greatest value Methuen apartment is the Three Bedroom Model at Mill Falls starting at $3,475 with a $2.30 price per square foot in the Outer Greater Merrimack Valley neighborhood. Here is today’s list of the best values for Methuen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5 Cornish St5 Cornish St3BR,1BA$0.63
Mill FallsThree Bedroom3BR,2.5BA$2.30
26 Briarwood RdThree Bedroom3BR,1.5BA$1.53
Riverwalk LoftsTwo Bedroom Loft2BR,2BA$1.81
Abbott Landing, LLCWoodbridge Deluxe (A-B2CR)2BR,2BA$1.84
Pacific Mill Lofts1 Bed 1 Bath1BR,1BA$1.76
Clough Farm ApartmentsTwo Bedroom2BR,1BA$1.86
Riverwalk Apartments1x1.5 - A81BR,1.5BA$2.35
1 Maxwell St, Unit 1 Maxwell St1 Maxwell St2BR,1BA$2.19
226 Main St, Unit 2226 Main St1BR,1BA$2.25

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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

Methuen, MA
Population: 50,698

Ranked #767

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Explore Methuen, MA Rentals by Map

View Map
Methuen, MA Apartments Map
View Map
Methuen, MA Rental Homes Map

Frequently Asked Questions about Methuen

What type of rentals are currently available in Methuen?

There are currently 407 Apartments for Rent in Methuen, MA with pricing that ranges from $1,100 to $6,781. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Methuen ranging from $1,000 to $10,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Methuen ranges from $1,000 to $10,500 with an average monthly rent of $3,224.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Methuen range from $2,100 to $6,781, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $7,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $3,500.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.