Cheap Apartments for Rent in the Olmsted Neighborhood of Swampscott, MA from $900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olmsted area of Swampscott.

501 Washington St
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.

50 Baldwin St

55 Broad St

Breakwater North Harbor
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.

Caldwell

135 Chestnut St

472 Essex St

24 Mount Vernon Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Oxford Lynn

The Shipwright
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Olmsted, Swampscott, MA Local Guide

How much does it cost to rent an apartment in Olmsted?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olmsted Studio Apartments | $1,865 | $1,500 | $2,450 |
Olmsted 1 Bedroom Apartments | $2,499 | $1,750 | $4,228 |
Olmsted 2 Bedroom Apartments | $3,317 | $2,000 | $7,370 |
Olmsted 3 Bedroom Apartments | $3,722 | $2,700 | $4,850 |
Olmsted 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Olmsted Neighborhood of Swampscott, MA.
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Olmsted, Swampscott, MA Local Guide
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Cheapest Available Olmsted Apartments for Rent
 The cheapest available apartment rental in the Olmsted area of Boston, MA is a Studio unit found at BayView Apartments priced from $1,500. Caldwell has the second lowest priced unit, which is a Studio apartment currently listed from $1,840. Here are the most affordable Olmsted apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
BayView Apartments | 66 Studio Classic | Studio,1BA | $1,500 |
Caldwell | S3 | Studio,1BA | $1,840 |
24 Mount Vernon Apartments | Renovated Studio | Studio,1BA | $2,025 |
The Oxford Lynn | 1 Bed - 06 | 1BR,1BA | $2,050 |
The Shipwright | J1 | 1 Bed | 1 Bath | JR | 1BR,1BA | $2,050 |
The Vault | 1BR/1.0BA | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Olmsted, MA
As of June 14, 2025 the best value apartment in the Olmsted area is the $2.07 price per square foot 117 Loring Ave Model at 117 Loring Ave, Unit 1st floor in the in the South Salem neighborhood starting from $3,100. The second greatest value Olmsted apartment is the B1 Model at Eagle Rock Apartments at Swampscott starting at $2,935 with a $2.26 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Olmsted apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
117 Loring Ave, Unit 1st floor | 117 Loring Ave | 3BR,1BA | $2.07 |
Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.26 |
14 Michigan Ave, Unit 14 Michigan Ave Lynn | 14 Michigan Ave | 3BR,1BA | $2.31 |
12 Michigan Ave, Unit 12 Michigan Ave Lynn #2 | 12 Michigan Ave | 3BR,1BA | $2.31 |
21 Blaney St, Unit #1 | 21 Blaney St | 2BR,1BA | $2.25 |
1006 Paradise Rd, Unit #1-N | 1006 Paradise Rd | 2BR,2BA | $2.41 |
168 Humphrey St, Unit #1 | 168 Humphrey St | 2BR,2BA | $2.66 |
56 Broad St, Unit #2 | 56 Broad St | 1BR,1BA | $2.10 |
20 High Street Lynn, MA 01902 | 2BR/1.0BA | 2BR,1BA | $2.40 |
148 Maple St, Unit #2 | 148 Maple St | 1BR,1BA | $2.70 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOlmsted, Swampscott, MA
Ranked #1
Among neighborhoods in Swampscott, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Olmsted, Swampscott, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Olmsted Apartments
What is a cheap apartment in Olmsted?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olmsted is under $2,100.
What is the price of a cheap apartment in Olmsted?
The cheapest apartment in Olmsted is The Oxford Lynn which is listed at $2,050, while the average apartment in Olmsted costs $4,000.
What types of apartments are the cheapest in Olmsted?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Olmsted that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olmsted?
Cheap apartments in Olmsted have an average cost of $249 which is $3,751 cheaper than the average rent for all rentals in Olmsted.
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.

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.

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.

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.

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.