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Rental Market Trends in Lynnfield, MA

Updated September 2026

The average rent in Lynnfield, MA is $2,926/month.

Rent in Lynnfield is 76% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,926/month

Average Rent

809 Sq Ft

Average Size

-1.8%

Change / Year

137

Available Apartments

Lynnfield rent varies by unit size and layout:

  • Studio apartments in Lynnfield average per month.
  • One-bedroom apartments in Lynnfield average $2,926 per month.
  • Two-bedroom apartments in Lynnfield average $3,523 per month.
  • Three-bedroom apartments in Lynnfield average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,926/month
809 Sq Ft
Two Bedroom
$3,523/month
1,188 Sq Ft
View Lynnfield Apartments

How much has average rent changed in Lynnfield, MA?

In the past year, rent has decreased by 1.8%, which averages out to $52 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lynnfield, MA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lynnfield, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lynnfield?

Based on current rent prices, Lynnfield is the most affordable neighborhood in Lynnfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lynnfield
$3,207/month
798 Sq Ft

What are the most expensive neighborhoods in Lynnfield?

Based on current rent prices, Lynnfield is the most expensive neighborhood in Lynnfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lynnfield
$3,207/month
798 Sq Ft

Which Lynnfield neighborhoods have the most rentals available?

The neighborhood in Lynnfield with the most apartments available is Lynnfield .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lynnfield
$3,207/month
798 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Lynnfield is $2,926, you’ll want to make about $9,753 per month or $117,036 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

Lynnfield, MA

137 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lynnfield, 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 Lynnfield Area Guide

Apartment Averages

Lynnfield

Lynnfield, MA

Lynnfield

Lynnfield, MA

Studio
-
-
One Bedroom
$2,905/month
$2,905/month
Two Bedroom
$3,515/month
$3,515/month
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Peabody

    Peabody

    Avg Rent: $2,366/month

  • Wakefield

    Wakefield

    Avg Rent: $2,752/month

  • Reading

    Reading

    Avg Rent: $2,484/month

  • North Reading

    North Reading

    Avg Rent: $2,227/month

  • Danvers

    Danvers

    Avg Rent: $2,407/month

  • Saugus

    Saugus

    Avg Rent: $2,637/month

  • Stoneham

    Stoneham

    Avg Rent: $2,706/month

  • Melrose

    Melrose

    Avg Rent: $2,634/month

Apartment Communities in Lynnfield We Think You'll Love

MarketStreet Apartments

MarketStreet Apartments

150 King Rail Dr,
Lynnfield, MA 01940

1-2 Beds | $3,165 - $4,334

Michaels Landing

Michaels Landing

2 Broadway,
Lynnfield, MA 01940

2 Beds | $3,100

Highlands at Dearborn Apartments

Highlands at Dearborn Apartments

19 Magnolia Way,
Peabody, MA 01960

1-3 Beds | $2,470 - $3,570

Colonial Point Apartments

Colonial Point Apartments

95 Audubon Rd,
Wakefield, MA 01880

1-2 Beds | $2,200 - $2,950

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Frequently Asked Questions

What is the average rent in Lynnfield?

The average rent in Lynnfield is $2,926 per month, which is 75.7% higher than the national average of $1,665.

Are rents going up or down in Lynnfield?

Rents in Lynnfield, MA are decreasing, with prices down 1.8% year-over-year and $52 less per month.

What rent range is most common in Lynnfield?

In Lynnfield, MA, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Massachusetts Lynnfield 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 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

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity