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Rental Market Trends in Lowell, MA

Updated September 2026

The average rent in Lowell, MA is $1,964/month.

Rent in Lowell is 18% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$1,964/month

Average Rent

682 Sq Ft

Average Size

+1.6%

Change / Year

569

Available Apartments

Lowell rent varies by unit size and layout:

  • Studio apartments in Lowell average $1,768 per month.
  • One-bedroom apartments in Lowell average $1,964 per month.
  • Two-bedroom apartments in Lowell average $2,218 per month.
  • Three-bedroom apartments in Lowell average $1,979 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,768/month
426 Sq Ft
One Bedroom
$1,964/month
682 Sq Ft
Two Bedroom
$2,218/month
884 Sq Ft
Three Bedroom
$1,979/month
766 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,283/month
1,341 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,216/month
896 Sq Ft
Three Bedroom
$2,230/month
474 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,850/month
1,289 Sq Ft
View Lowell Apartments

How much has average rent changed in Lowell, MA?

In the past year, rent has increased by 1.6%, which averages out to $32 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lowell, MA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lowell, MA
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
6% $1,001 - $1,500/month
37% $1,501 - $2,000/month
54% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lowell?

Based on current rent prices, Centralville, The Acre and Pawtucketville are the most affordable neighborhoods in Lowell.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Centralville
$1,742/month
618 Sq Ft
The Acre
$1,784/month
578 Sq Ft
Pawtucketville
$2,009/month
610 Sq Ft
South Lowell
$2,130/month
592 Sq Ft
Downtown Lowell
$2,318/month
744 Sq Ft
Highlands Lowell
$2,558/month
758 Sq Ft
Back Central
$2,597/month
737 Sq Ft

What are the most expensive neighborhoods in Lowell?

Based on current rent prices, Back Central, Highlands Lowell and Downtown Lowell are the most expensive neighborhoods in Lowell.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Back Central
$2,597/month
737 Sq Ft
Highlands Lowell
$2,558/month
758 Sq Ft
Downtown Lowell
$2,318/month
744 Sq Ft
South Lowell
$2,130/month
592 Sq Ft
Pawtucketville
$2,009/month
610 Sq Ft
The Acre
$1,784/month
578 Sq Ft
Centralville
$1,742/month
618 Sq Ft

Which Lowell neighborhoods have the most rentals available?

The neighborhoods in Lowell with the most apartments available are Highlands Lowell, Downtown Lowell and Back Central .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Highlands Lowell
$2,558/month
758 Sq Ft
Downtown Lowell
$2,318/month
744 Sq Ft
Back Central
$2,597/month
737 Sq Ft
South Lowell
$2,130/month
592 Sq Ft
Centralville
$1,742/month
618 Sq Ft
The Acre
$1,784/month
578 Sq Ft
Pawtucketville
$2,009/month
610 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lowell, MA?

Because the average rent in Lowell is $1,964, you’ll want to make about $6,546 per month or $78,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lowell, MA

569 Available Apartments for Rent

Search for Nearby Apartments

How does Lowell, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Lowell, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Lowell Area Guide

Apartment Averages

Centralville

Lowell, MA

Back Central

Lowell, MA

Studio
$1,358/month
$1,879/month
One Bedroom
$1,329/month
$2,244/month
Two Bedroom
$1,803/month
$2,138/month
Three Bedroom
$1,519/month
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Chelmsford

    Chelmsford

    Avg Rent: $2,321/month

  • North Chelmsford

    North Chelmsford

    Avg Rent: $2,635/month

  • Dracut

    Dracut

    Avg Rent: $1,808/month

  • North Billerica

    North Billerica

    Avg Rent: $2,483/month

  • Tewksbury

    Tewksbury

    Avg Rent: $2,424/month

  • Tyngsborough

    Tyngsborough

    Avg Rent: $1,851/month

  • Billerica

    Billerica

    Avg Rent: $2,525/month

  • Westford

    Westford

    Avg Rent: $2,657/month

  • Pelham

    Pelham

    Avg Rent: $1,668/month

Apartment Communities in Lowell We Think You'll Love

Edge Merrimack

Edge Merrimack

1 Merrimack Plz,
Lowell, MA 01852

1-4 Beds | $2,295 - $3,300

The Residences at Crosspoint

The Residences at Crosspoint

42 Wellman St,
Lowell, MA 01851

Studio - 2 Beds | $2,506 - $2,957

Loft Two Seven

Loft Two Seven

27 Jackson St,
Lowell, MA 01852

1-2 Beds | $2,220 - $3,295

The Emery

The Emery

218 Middlesex St,
Lowell, MA 01852

Studio - 2 Beds | $2,100 - $3,000

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Frequently Asked Questions

What is the average rent in Lowell?

The average rent in Lowell is $1,964 per month, which is 18.0% higher than the national average of $1,665.

What is the average rent for a house in Lowell?

The average rent for a house in Lowell, MA is $3,283 per month.

What is the average rent for a townhome in Lowell?

The average rent for a townhome in Lowell, MA is $2,850 per month.

Are rents going up or down in Lowell?

Rents in Lowell, MA are increasing, with prices up 1.6% year-over-year and $32 more per month.

What rent range is most common in Lowell?

In Lowell, MA, 54% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Massachusetts Lowell Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity