Lynn, MA Rental Market Trends
What is the average rent in Lynn?
The average rent for an apartment in Lynn is $2,471. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Lynn, MA
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $2,471 | 757 sq. ft. |
What is the average apartment size in Lynn?
The average size for a Lynn, MA apartment is 757 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lynn, MA apartment rent ranges
Lynn, MA Occupied Housing Units
18,476 or 51% of the households in Lynn, MA are renter-occupied while 17,439 or 49% are owner-occupied.
Lynn, MA rent trends
Average Rent in Lynn, MA By Neighborhood
| City | Average Rent |
|---|---|
| Swampscott | $3,124 |
| Lynnfield | $3,067 |
| Newburyport | $3,009 |
| Georgetown | $2,900 |
| Saugus | $2,893 |
| North Andover | $2,889 |
| Danvers | $2,858 |
| Andover Town | $2,720 |
| Salem | $2,691 |
| Peabody | $2,671 |
| Beverly | $2,661 |
| Gloucester | $2,411 |
| Methuen Town | $2,327 |
| Salisbury Town | $2,322 |
| Nahant | $2,225 |
| Haverhill | $2,199 |
| Lawrence | $2,180 |
| Rowley Town | $2,100 |
| Ipswich Town | $2,042 |
| Amesbury Town | $1,859 |
| Rockport Town | $1,436 |
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What are the most affordable neighborhoods in Lynn?
The most affordable neighborhoods in Lynn are Rockport Town, where the average rent goes for $1,436/month, Amesbury Town, where renters pay $1,859/mo on average, and Ipswich Town, where the average rent goes for $2,042/mo. If you’re looking for other great deals, check out the listings from Rowley Town ($2,100), Lawrence ($2,180), and Haverhill ($2,199), where the asking prices are below the average Lynn rent of $2,471/mo.
What are the most expensive neighborhoods in Lynn?
The most expensive neighborhoods in Lynn are Newburyport ($3,009), Lynnfield ($3,067) and Swampscott ($3,124).
What are the most popular neighborhoods in Lynn?
The most popular neighborhood in Lynn is Salem, where there are 13 listings with an average rent of $2,691. Next up is Beverly, where apartments go for $2,661/month, followed by Andover Town with $2,720 If you’re looking to rent in Lynn’s most popular neighborhoods, make sure to also check out Lawrence, where renters pay $2,180 on average, and Haverhill, where the average monthly rent is $2,199.
Lynn | Rent Comparison by Neighborhood
Rent in Amesbury Town is 32% lower than in Andover Town
$1,859
Amesbury Town rent is 25% lower than Lynn average
Average Rent
$1,859
$2,720
Andover Town rent is 10% higher than Lynn average
Average Rent
$2,720
How Lynn Compares to Other Cities
| State | Average Rent |
|---|---|
| Boston | $3,935 |
| Worcester | $1,973 |
| Cambridge | $3,742 |
| Fall River | $1,980 |
| Quincy | $2,781 |
| Somerville | $3,563 |
| Waltham | $3,199 |
| New Bedford | $1,984 |
| Lowell | $2,226 |
| Salem | $2,691 |
| Medford | $3,328 |
| Beverly | $2,661 |
| Malden | $2,611 |
| Revere | $2,744 |
| Lynn | $2,471 |
| Melrose | $3,070 |
| Chelsea | $2,904 |
| Lawrence | $2,180 |
| Newton | $3,767 |
| Peabody | $2,671 |
| Watertown | $3,300 |
What is the average price for a storage unit in Lynn?
The average rent for a non-climate-controlled 10'x10' storage unit in Lynn is $161.75. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Lynn
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Saint Mary's Plaza
30 Pleasant Street, Lynn, MA 01902| 1 BED | N/A |
| 2 BEDS | N/A |
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Saint Theresa House
32 City Hall Square, Lynn, MA 01901| 1 BED | N/A |
91 Conomo Avenue
91 Conomo Avenue, Lynn, MA 01904| 3 BEDS | $3,250 |
142 QUINN RD
142 QUINN RD, LYNN, MA 01904| STUDIO | $3,095 |