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Rental Market Trends in Lynn, MA

What is the average rent in Lynn, MA?

$1,807/month

Average Rent

811 Sq Ft

Average Apartment Size

-1.7%

Decrease in the Last Year

As of October 2025, the average rent in Lynn, MA is $1,807 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Lynn rent prices are 11% higher than the national average. When you rent an apartment in Lynn, you can expect to pay about $1,730 per month for a studio, $1,807 for a one-bedroom apartment, and around $2,466 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,169 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,730/month
2,338 Sq Ft
One Bedroom
$1,807/month
811 Sq Ft
Two Bedroom
$2,466/month
1,064 Sq Ft
Three Bedroom
$4,169/month
1,191 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,021/month
1,432 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,025/month
580 Sq Ft
Two Bedroom
$2,693/month
937 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,460/month
1,460 Sq Ft

How much has average rent changed in Lynn, MA?

In the past year, rent has decreased by 1.7%, which averages out to $30 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 October 2025
Legend
2024 2025
Market Trends Over Time

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
$2,259/month
906 Sq Ft
Lynn Waterfront
$2,472/month
676 Sq Ft
North Suburbs-Essex
$2,474/month
838 Sq Ft
Route 1 North
$2,665/month
858 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
$2,665/month
858 Sq Ft
North Suburbs-Essex
$2,474/month
838 Sq Ft
Lynn Waterfront
$2,472/month
676 Sq Ft
Downtown Lynn
$2,259/month
906 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
$2,665/month
858 Sq Ft
North Suburbs-Essex
$2,474/month
838 Sq Ft
Lynn Waterfront
$2,472/month
676 Sq Ft
Downtown Lynn
$2,259/month
906 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 $1,807, you’ll want to make about $6,023 per month or $72,276 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

820 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
$1,671/month
$2,060/month
One Bedroom
$1,759/month
$2,265/month
Two Bedroom
$2,189/month
$2,907/month
Three Bedroom
$2,421/month
$4,011/month
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Nearby City Rent Trends

  • Saugus Average Rent
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  • Revere Average Rent
  • Melrose Average Rent
  • Malden Average Rent

Apartment communities in Lynn we think you'll love

Caldwell

Caldwell

34 Munroe St,
Lynn, MA 01901

$1,795 - $3,404 Total Monthly Price

Studio - 2 Beds

The Shipwright

The Shipwright

1 Hanson St,
Lynn, MA 01905

$2,345 - $4,810 Total Monthly Price

1-3 Beds

The Fairmount North Shore

The Fairmount North Shore

215 Fairmount Ave,
Lynn, MA 01905

$2,050 - $3,150 Plus Fees

1-2 Beds | 12 Month Lease

Gibson Point

Gibson Point

1 Gibson Way,
Revere, MA 02151

$2,254 - $5,075 Total Monthly Price

Studio - 3 Beds

Property Management Companies in Lynn, MA

Greystar
Greystar
  • 3,438

    Communities

  • 948,629

    Units

  • 872

    Cities

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

    Communities

  • 14,336

    Units

  • 45

    Cities

2 Communities in Lynn
Winn Companies
Winn Companies
  • 167

    Communities

  • 33,859

    Units

  • 116

    Cities

1 Community in Lynn
Fairfield
Fairfield
  • 107

    Communities

  • 30,525

    Units

  • 65

    Cities

1 Community in Lynn
Simpson Housing
Simpson Housing
  • 74

    Communities

  • 22,555

    Units

  • 47

    Cities

1 Community in Lynn
John M Corcoran & Co
John M Corcoran & Co
  • 55

    Communities

  • 11,003

    Units

  • 39

    Cities

1 Community in Lynn
Forest Properties
Forest Properties
  • 26

    Communities

  • 4,792

    Units

  • 22

    Cities

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

    Communities

  • 1,476

    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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity