Lynn, MA Rental Market Trends
What is the average rent in Lynn?
The average rent for an apartment in Lynn is $2,058. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Lynn, MA
| Average Rent | Average Apartment Size |
|---|---|
| $2,058 | 745 sq. ft. |
What is the average apartment size in Lynn?
The average size for a Lynn, MA apartment is 745 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
18,849 or 52% of the households in Lynn, MA are renter-occupied while 17,431 or 48% are owner-occupied.
Lynn, MA rent trends
Average Rent in Lynn, MA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Swampscott | $3,054 |
| Lynnfield | $3,051 |
| Salem | $2,793 |
| North Andover | $2,697 |
| Peabody | $2,690 |
| Beverly | $2,674 |
| Saugus | $2,646 |
| Andover Town | $2,637 |
| Danvers | $2,599 |
| Georgetown | $2,415 |
| Salisbury Town | $2,404 |
| Haverhill | $2,179 |
| Methuen Town | $2,132 |
| Gloucester | $2,117 |
| Lawrence | $2,011 |
| Ipswich Town | $1,835 |
| Nahant | $1,700 |
| Amesbury Town | $1,666 |
| Rowley Town | $1,438 |
| Rockport Town | $1,423 |
What are the most affordable neighborhoods in Lynn?
The most affordable neighborhoods in Lynn are Rockport Town, where the average rent goes for $1,423/month, Rowley Town, where renters pay $1,438/mo on average, and Amesbury Town, where the average rent goes for $1,666/mo. If you’re looking for other great deals, check out the listings from Nahant ($1,700), Ipswich Town ($1,835), and Lawrence ($2,011), where the asking prices are below the average Lynn rent of $2,058/mo.
What are the most expensive neighborhoods in Lynn?
The most expensive neighborhoods in Lynn are Salem ($2,793), Lynnfield ($3,051) and Swampscott ($3,054).
What are the most popular neighborhoods in Lynn?
The most popular neighborhood in Lynn is Salem, where there are 9 listings with an average rent of $2,793. Next up is Andover Town, where apartments go for $2,637/month, followed by Beverly with $2,674 If you’re looking to rent in Lynn’s most popular neighborhoods, make sure to also check out Lawrence, where renters pay $2,011 on average, and Haverhill, where the average monthly rent is $2,179.
Lynn | Rent Comparison by Neighborhood
Rent in Amesbury Town is 37% lower than in Andover Town
Amesbury Town rent is 19% lower than Lynn average
Andover Town rent is 28% higher than Lynn average
How Lynn Compares to Other Cities
| City | Average Rent |
|---|---|
| Boston | $3,970 |
| Boston | $3,970 |
| Fall River | $1,853 |
| Worcester | $1,819 |
| Cambridge | $3,658 |
| Cambridge | $3,658 |
| Somerville | $3,504 |
| Somerville | $3,504 |
| Quincy | $2,772 |
| Quincy | $2,772 |
| New Bedford | $1,835 |
| Lowell | $2,124 |
| Waltham | $3,095 |
| Weymouth Town | $2,426 |
| Waltham | $3,095 |
| Salem | $2,793 |
| Medford | $3,308 |
| Lynn | $2,058 |
| Beverly | $2,674 |
| Malden | $2,568 |
| Chelsea | $2,650 |
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 $198. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
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&cropxunits=300&cropyunits=192&width=330&quality=80 "Entrance Photo")