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Rental Market Trends in Lynn, MA

What is the average rent in Lynn, MA?

$1,858/month

Average Rent

714 Sq Ft

Average Apartment Size

+0%

Increase in the Last Year

As of June 2026, the average rent in Lynn, MA is $1,858 per month. For comparison, the national average rent price in the US is currently $1,644/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 $1,743 per month for a studio, $1,858 for a one-bedroom apartment, and around $2,472 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,213 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,743/month
1,408 Sq Ft
One Bedroom
$1,858/month
714 Sq Ft
Two Bedroom
$2,472/month
1,062 Sq Ft
Three Bedroom
$4,213/month
1,220 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,660/month
785 Sq Ft
Three Bedroom
$3,260/month
1,200 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,608/month
1,464 Sq Ft

How much has average rent changed in Lynn, MA?

In the past year, rent has increased by 0%, which averages out to $1 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lynn, MA
Last Updated June 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
30% $1,501 - $2,000/month
37% 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
$2,259/month
723 Sq Ft
Lynn Waterfront
$2,432/month
728 Sq Ft
North Suburbs-Essex
$2,523/month
735 Sq Ft

What are the most expensive neighborhoods in Lynn?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Suburbs-Essex
$2,523/month
735 Sq Ft
Lynn Waterfront
$2,432/month
728 Sq Ft
Downtown Lynn
$2,259/month
723 Sq Ft

Which Lynn neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Suburbs-Essex
$2,523/month
735 Sq Ft
Lynn Waterfront
$2,432/month
728 Sq Ft
Downtown Lynn
$2,259/month
723 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 $1,858, you’ll want to make about $6,193 per month or $74,316 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

671 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

North Suburbs-Essex

Lynn, MA

Studio
$1,665/month
$1,729/month
One Bedroom
$1,812/month
$1,805/month
Two Bedroom
$2,231/month
$2,348/month
Three Bedroom
$2,433/month
$3,224/month
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Apartment communities in Lynn we think you'll love

Caldwell

Caldwell

34 Munroe St,
Lynn, MA 01901

$1,830 - $3,220 Total Monthly Price

Studio - 2 Beds

Gibson Point

Gibson Point

1 Gibson Way,
Revere, MA 02151

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

Studio - 3 Beds

20 Park St

20 Park St

20 Park St,
Lynn, MA 01905

$1,975 - $2,400 Total Monthly Price

1-2 Beds | 12 Month Lease

The Fairmount North Shore

The Fairmount North Shore

215 Fairmount Ave,
Lynn, MA 01905

$2,164 - $2,926 Plus Fees

1-2 Beds | 12 Month Lease

Property Management Companies in Lynn, MA

Greystar
Greystar
  • 3,524

    Communities

  • 968,977

    Units

  • 898

    Cities

4 Communities in Lynn
The Dolben Company
The Dolben Company
  • 62

    Communities

  • 14,907

    Units

  • 46

    Cities

2 Communities in Lynn
Winn Companies
Winn Companies
  • 158

    Communities

  • 27,135

    Units

  • 114

    Cities

1 Community in Lynn
Fairfield
Fairfield
  • 102

    Communities

  • 28,944

    Units

  • 63

    Cities

1 Community in Lynn
Domain Capital Group
Domain Capital Group
  • 77

    Communities

  • 23,478

    Units

  • 49

    Cities

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

    Communities

  • 10,972

    Units

  • 40

    Cities

1 Community in Lynn
Forest Properties
Forest Properties
  • 25

    Communities

  • 4,682

    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 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity