Lowell, MA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lowell is $2,269, a 1.97% increase compared to the previous year, when the average rent was $2,225.
Studio Apartments at $1,663 offer the most budget-friendly option with 398 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 761 square feet for $2,025, balancing privacy and affordability.
Two-beedroom units at $2,468 offer 972 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,236 sq ft) for $2,897, suitable for larger households.
Average rent in Lowell, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,269 | 869 sq. ft. |
| Studio | $1,663 | 398 sq. ft. |
| 1 Bed | $2,025 | 761 sq. ft. |
| 2 Beds | $2,468 | 972 sq. ft. |
| 3 Beds | $2,897 | 1,236 sq. ft. |
Lowell, MA rent trends
Rental prices in Lowell, MA have increased by 1.97% over the past year. The average rent moved from $2,225 to $2,269.
What's the typical rent budget in Lowell, MA?
The largest share of rentals in Lowell, MA (43%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lowell, MA?
23,733 or 56% of the households in Lowell, MA are renter-occupied while 18,650 or 44% are owner-occupied.
Most affordable neighborhoods in Lowell?
Highlands $2,154/month
Pawtucketville $2,463/month
Downtown Lowell $2,608/month
All of these neighborhoods fall below the city wide average of $2,269/month.Average Rent in Lowell, MA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Lowell | $2,608 |
| Pawtucketville | $2,463 |
| Highlands | $2,154 |
Lowell | Rent Comparison by Neighborhood
Rent in Downtown Lowell is 21% higher than in Highlands
Downtown Lowell rent is 15% higher than Lowell average
Highlands rent is 5% lower than Lowell average
How Lowell Compares to Other Cities
| City | Average Rent |
|---|---|
| Lowell | $2,269 |
| Boston | $3,698 |
| Cambridge | $3,755 |
| Worcester | $2,050 |
| Quincy | $2,812 |
| Fall River | $2,111 |
| Somerville | $3,484 |
| Salem | $2,723 |
| New Bedford | $2,053 |
| Weymouth Town | $2,552 |
| Braintree Town | $2,867 |
| Waltham | $3,190 |
| Nashua, NH | $2,158 |
| Medford, MA | $3,127 |
| Haverhill, MA | $2,380 |
| Lawrence, MA | $2,282 |
| Melrose, MA | $3,003 |
| Woburn, MA | $2,722 |
| Peabody, MA | $2,814 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lowell apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.