Caldwell
34 Munroe St,
Lynn, MA 01901
Studio - 2 Beds | $1,830 - $3,220
Rental Market Trends in Lynn, MA
Updated July 2026
The average rent in Lynn, MA is $1,861/month.
Rent in Lynn is roughly equal to the national average rent of of $1,662/month.
$1,861/month
Average Rent
702 Sq Ft
Average Size
+1.5%
Change / Year
710
Available Apartments
Lynn rent varies by unit size and layout:
- Studio apartments in Lynn average $1,778 per month.
- One-bedroom apartments in Lynn average $1,861 per month.
- Two-bedroom apartments in Lynn average $2,478 per month.
- Three-bedroom apartments in Lynn average $4,228 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 Lynn, MA?
In the past year, rent has increased by 1.5%, which averages out to $29 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Lynn, MA
July 2026
Above $2,000
Most rental prices fall within this range
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
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lynn, MA?
Because the average rent in Lynn is $1,861, you’ll want to make about $6,203 per month or $74,436 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 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.
View the Lynn Area GuideStudio
$1,722/month
$1,724/month
One Bedroom
$1,811/month
$1,815/month
Two Bedroom
$2,226/month
$2,355/month
Three Bedroom
$2,435/month
$3,230/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 Lynn?
The average rent in Lynn is $1,861 per month, which is 12.0% higher than the national average of $1,662.
What is the average rent for a house in Lynn?
The average rent for a house in Lynn, MA is $3,475 per month.
What is the average rent for a condo in Lynn?
The average rent for a condo in Lynn, MA is $2,096 per month.
Are rents going up or down in Lynn?
Rents in Lynn, MA are increasing, with prices up 1.5% year-over-year and $29 more per month.
What rent range is most common in Lynn?
In Lynn, MA, 37% 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.