Edge Merrimack
1 Merrimack Plz,
Lowell, MA 01852
1-4 Beds | $2,295 - $3,600
Rental Market Trends in Lowell, MA
Updated July 2026
The average rent in Lowell, MA is $1,975/month.
Rent in Lowell is 19% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$1,975/month
Average Rent
687 Sq Ft
Average Size
+2.3%
Change / Year
717
Available Apartments
Lowell rent varies by unit size and layout:
- Studio apartments in Lowell average $1,761 per month.
- One-bedroom apartments in Lowell average $1,975 per month.
- Two-bedroom apartments in Lowell average $2,229 per month.
- Three-bedroom apartments in Lowell average $1,949 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Lowell, MA?
In the past year, rent has increased by 2.3%, which averages out to $45 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Lowell, MA
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
6%
$1,001 - $1,500/month
42%
$1,501 - $2,000/month
48%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Lowell?
Based on current rent prices, The Acre, South Lowell and Centralville are the most affordable neighborhoods in Lowell.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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 South Lowell .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lowell, MA?
Because the average rent in Lowell is $1,975, you’ll want to make about $6,583 per month or $78,996 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.
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 GuideStudio
$1,739/month
$1,874/month
One Bedroom
$1,626/month
$2,386/month
Two Bedroom
$2,272/month
$2,279/month
Three Bedroom
$2,138/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Lowell?
The average rent in Lowell is $1,975 per month, which is 18.8% higher than the national average of $1,663.
What is the average rent for a townhome in Lowell?
The average rent for a townhome in Lowell, MA is $2,619 per month.
Are rents going up or down in Lowell?
Rents in Lowell, MA are increasing, with prices up 2.3% year-over-year and $45 more per month.
What rent range is most common in Lowell?
In Lowell, MA, 48% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 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.