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Rental Market Trends in Lynn, MA

What is the average rent in Lynn, MA?

$1,834/month

Average Rent

821 Sq Ft

Average Apartment Size

-1.1%

Decrease in the Last Year

As of January 2026, the average rent in Lynn, MA is $1,834 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Lynn rent prices are 13% higher than the national average. When you rent an apartment in Lynn, you can expect to pay about $1,755 per month for a studio, $1,834 for a one-bedroom apartment, and around $2,483 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,219 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,755/month
1,409 Sq Ft
One Bedroom
$1,834/month
821 Sq Ft
Two Bedroom
$2,483/month
892 Sq Ft
Three Bedroom
$4,219/month
1,191 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,778/month
1,627 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,203/month
746 Sq Ft
Two Bedroom
$2,418/month
758 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,779/month
1,577 Sq Ft

How much has average rent changed in Lynn, MA?

In the past year, rent has decreased by 1.1%, which averages out to $19 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lynn, MA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lynn, MA
Percentage*
Rent Range
0% Below $700/month
15% $700 - $1,000/month
19% $1,001 - $1,500/month
32% $1,501 - $2,000/month
34% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lynn?

Based on current rent prices, Downtown Lynn, Lynn Waterfront and North Suburbs-Essex are the most affordable neighborhoods in Lynn.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Lynn
$2,181/month
1,127 Sq Ft
Lynn Waterfront
$2,466/month
678 Sq Ft
North Suburbs-Essex
$2,504/month
840 Sq Ft
Route 1 North
$2,646/month
882 Sq Ft

What are the most expensive neighborhoods in Lynn?

Based on current rent prices, Route 1 North, North Suburbs-Essex and Lynn Waterfront are the most expensive neighborhoods in Lynn.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 1 North
$2,646/month
882 Sq Ft
North Suburbs-Essex
$2,504/month
840 Sq Ft
Lynn Waterfront
$2,466/month
678 Sq Ft
Downtown Lynn
$2,181/month
1,127 Sq Ft

Which Lynn neighborhoods have the most rentals available?

The neighborhoods in Lynn with the most apartments available are Route 1 North, North Suburbs-Essex and Lynn Waterfront .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 1 North
$2,646/month
882 Sq Ft
North Suburbs-Essex
$2,504/month
840 Sq Ft
Lynn Waterfront
$2,466/month
678 Sq Ft
Downtown Lynn
$2,181/month
1,127 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Lynn is $1,834, you’ll want to make about $6,113 per month or $73,356 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

Lynn, MA

818 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lynn, 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.

Explore the Area Guide for Lynn, MA

Apartment Averages

Downtown Lynn

Lynn, MA

Route 1 North

Lynn, MA

Studio
$1,681/month
$2,116/month
One Bedroom
$1,783/month
$2,294/month
Two Bedroom
$2,206/month
$2,946/month
Three Bedroom
$2,430/month
$4,141/month
Search
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Nearby City Rent Trends

  • Saugus Average Rent
  • Swampscott Average Rent
  • Peabody Average Rent
  • Revere Average Rent
  • Melrose Average Rent
  • Lynnfield Average Rent
  • Malden Average Rent

Apartment communities in Lynn we think you'll love

Caldwell

Caldwell

34 Munroe St,
Lynn, MA 01901

$1,925 - $3,175 Total Monthly Price

Studio - 2 Beds

Jayden Apartments

Jayden Apartments

7 Dearborn Rd,
Peabody, MA 01960

$2,471 - $5,236 Total Monthly Price

1-2 Beds

Breakwater North Harbor

Breakwater North Harbor

254-258 Lynnway Pky,
Lynn, MA 01901

$1,825 - $4,220 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

The Shipwright

The Shipwright

1 Hanson St,
Lynn, MA 01905

$2,085 - $4,870 Total Monthly Price

1-3 Beds

Property Management Companies in Lynn, MA

Greystar
Greystar
  • 3,446

    Communities

  • 951,424

    Units

  • 887

    Cities

4 Communities in Lynn
The Dolben Company
The Dolben Company
  • 61

    Communities

  • 14,362

    Units

  • 45

    Cities

2 Communities in Lynn
Winn Companies
Winn Companies
  • 162

    Communities

  • 33,021

    Units

  • 114

    Cities

1 Community in Lynn
Fairfield
Fairfield
  • 106

    Communities

  • 30,171

    Units

  • 64

    Cities

1 Community in Lynn
Simpson Property Group, LLC
Simpson Property Group, LLC
  • 75

    Communities

  • 23,072

    Units

  • 49

    Cities

1 Community in Lynn
John M Corcoran & Co
John M Corcoran & Co
  • 54

    Communities

  • 10,869

    Units

  • 40

    Cities

1 Community in Lynn
Forest Properties
Forest Properties
  • 25

    Communities

  • 4,635

    Units

  • 21

    Cities

1 Community in Lynn
The Simon Companies
The Simon Companies
  • 11

    Communities

  • 1,475

    Units

  • 9

    Cities

1 Community in Lynn

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United States Massachusetts Lynn 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity