Lynn, MA Rental Market Trends
Last updated: May 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lynn is $2,407, a 0.81% decrease compared to the previous year, when the average rent was $2,426.
One-bedroom apartments provide 646 square feet for $2,144, balancing privacy and affordability.
Two-beedroom units at $2,682 offer 866 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,279 sq ft) for $3,781, suitable for larger households.
Average rent in Lynn, MA
Last updated: May 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,407 | 757 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,144 | 646 sq. ft. |
| 2 Beds | $2,682 | 866 sq. ft. |
| 3 Beds | $3,781 | 1,279 sq. ft. |
Lynn, MA rent trends
Rental prices in Lynn, MA have decreased by 0.81% over the past year. The average rent moved from $2,426 to $2,407.
What's the typical rent budget in Lynn, MA?
The largest share of rentals in Lynn, MA (48%) 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 Lynn, MA?
18,892 or 52% of the households in Lynn, MA are renter-occupied while 17,522 or 48% are owner-occupied.
Most affordable neighborhoods in Lynn?
Amesbury Town $1,982/month
Lawrence $2,320/month
Methuen Town $2,355/month
All of these neighborhoods fall below the city wide average of $2,407/month.Most expensive neighborhoods in Lynn?
Peabody $2,789/month
Danvers $2,884/month
Saugus $2,925/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Lynn, MA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Saugus | $2,925 |
| Danvers | $2,884 |
| Peabody | $2,789 |
| North Andover | $2,772 |
| Beverly | $2,769 |
| Andover Town | $2,751 |
| Salem | $2,740 |
| Haverhill | $2,485 |
| Methuen Town | $2,355 |
| Lawrence | $2,320 |
| Amesbury Town | $1,982 |
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Lynn | Rent Comparison by Neighborhood
Rent in Amesbury Town is 28% lower than in Andover Town
$1,982
Amesbury Town rent is 18% lower than Lynn average
Average Rent
$1,982
$2,751
Andover Town rent is 14% higher than Lynn average
Average Rent
$2,751
How Lynn Compares to Other Cities
| City | Average Rent |
|---|---|
| Lynn | $2,407 |
| Boston | $3,673 |
| Fall River | $2,059 |
| Worcester | $2,085 |
| Cambridge | $3,643 |
| Somerville | $3,460 |
| Quincy | $2,788 |
| Waltham | $3,079 |
| New Bedford | $2,051 |
| Weymouth Town | $2,527 |
| Salem | $2,740 |
| Beverly | $2,769 |
| Malden | $2,651 |
| Medford | $3,201 |
| Chelsea | $2,777 |
| Lawrence, MA | $2,320 |
| Melrose, MA | $3,020 |
| Newton, MA | $3,806 |
| Watertown, MA | $3,391 |
| Revere, MA | $2,822 |
| Woburn, MA | $2,753 |
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 Lynn 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.