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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

Last updated July 2023
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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Lynn, MA By Neighborhood

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
/
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

Neighborhood
vs.

Rent in Amesbury Town is 37% lower than in Andover Town

$1,666

Amesbury Town rent is 19% lower than Lynn average

Average Rent $1,666
$2,637

Andover Town rent is 28% higher than Lynn average

Average Rent $2,637

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.

Most Popular Apartments in Lynn

Saint Theresa House exterior
Today

Saint Theresa House

32 City Hall Square, Lynn, MA 01901
1 BED Ask for pricing
St Mary's entrance, buildig, and grounds
Today

Saint Mary's Plaza

30 Pleasant Street, Lynn, MA 01902
1 BED Ask for pricing
2 BEDS Ask for pricing
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