Cheap Apartments for Rent in the Olmsted Neighborhood of Swampscott, MA from $900 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olmsted area of Swampscott.

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 55 Broad St

55 Broad St

LynnMA01902

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.

property at 472 Essex St

472 Essex St

LynnMA01902

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Cobbet Hill
1 Bedroom Apartments

Cobbet Hill

498 Essex StLynn, MA 01902
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Floating Bridge Pond
2 Bedroom Apartments

Floating Bridge Pond

627-631 Eastern AveLynn, MA 01902
  • Utilities Included
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131 Ocean St
1 Bedroom Apartments

131 Ocean St

131 Ocean StLynn, MA 01902
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Mosaic
Studio to 1 Bedroom Apartments

Mosaic

75 Baldwin StLynn, MA 01902
  • Utilities Included

Olmsted, Swampscott, MA Local Guide

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 ListingModel NameBed/BathPriced From
BayView Apartments66 Studio ClassicStudio,1BA$1,500
CaldwellS3Studio,1BA$1,840
24 Mount Vernon ApartmentsRenovated StudioStudio,1BA$2,025
The Oxford Lynn1 Bed - 061BR,1BA$2,050
The ShipwrightJ1 | 1 Bed | 1 Bath | JR1BR,1BA$2,050
The Vault1BR/1.0BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
117 Loring Ave, Unit 1st floor117 Loring Ave3BR,1BA$2.07
Eagle Rock Apartments at SwampscottB12BR,2BA$2.26
14 Michigan Ave, Unit 14 Michigan Ave Lynn14 Michigan Ave3BR,1BA$2.31
12 Michigan Ave, Unit 12 Michigan Ave Lynn #212 Michigan Ave3BR,1BA$2.31
21 Blaney St, Unit #121 Blaney St2BR,1BA$2.25
1006 Paradise Rd, Unit #1-N1006 Paradise Rd2BR,2BA$2.41
168 Humphrey St, Unit #1168 Humphrey St2BR,2BA$2.66
56 Broad St, Unit #256 Broad St1BR,1BA$2.10
20 High Street Lynn, MA 019022BR/1.0BA2BR,1BA$2.40
148 Maple St, Unit #2148 Maple St1BR,1BA$2.70

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Olmsted, Swampscott, MA

Ranked #1

Among neighborhoods in Swampscott, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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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.