Average Rent in Lynn, MA

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Current Versus Historical Lynn, MA Rents

Lynn rentals average $0 for a 1-bedroom rental to $0 for a 1-bedroom rental. The median price of all currently available listings is $1,960, or roughly $0 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $75 (4.62%) year-over-year from $1,625 to $1,700. 1-bedroom rentals prices have increased by $317 (16.38%) year-over-year from $1,933 to $2,250. 2-bedroom rentals prices have increased by $150 (6.52%) year-over-year from $2,300 to $2,450. 3-bedroom rentals prices have increased by $425 (15.89%) year-over-year from $2,675 to $3,100. 4-bedroom rentals prices have increased by $83 (2.30%) year-over-year from $3,617 to $3,700. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 15.91% this month. 1-bedroom rents have gone up by 12.03% this month. 2-bedroom rents have gone up by 2.80% this month. 3-bedroom rents have gone up by 2.20% this month. 4-bedroom rents have gone up by 2.54% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)

Historical Rents in Lynn, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lynn

There are a total of 2 cities nearby Lynn. The average rent in Lynn is currently $3,013 per month. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Lynn, MA is Cambridge, MA. Monthly rents here are on average $3,442 per month.

Let's compare Lynn, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lynn, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Lynn, MA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near Lynn, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,858	$3,077	$3,785	$3,442

Top Neighborhoods Near Lynn

There are a total of 1 neighborhoods in or near Lynn. We've included all of these top 1 neighborhoods in or near Lynn, MA in the following chart.

The average rent for these 1 neighborhoods in or near Lynn, MA is currently around $3,724 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Lynn's average rent, which is only $1,960. Out of all the neighborhoods in or near Lynn, East Cambridge has the most affordable average rent at $3,724 per month. Whereas, at $3,724 average rent per month, East Cambridge is the most expensive neighborhood in or near Lynn. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Cambridge, Cambridge, MA	$2,989	$3,353	$4,395	$3,724

Top Counties Near Lynn

There are a total of 1 counties located by Lynn, MA. The average rent for rentals in these counties is $3,013. That's roughly around $3 per sqft. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,442, Cambridge, MA is the most expensive county by Lynn, MA.

Typically, rent for studios in Lynn, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lynn, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Lynn, MA is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,858	$3,077	$3,785	$3,442

Top Zipcodes Near Lynn

There are a total of 4 zipcodes in or near Lynn, MA. The average rent for all of these zipcodes is $3,443.

The following chart includes the top 4 zipcodes in Lynn, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02142, Cambridge, MA	$3,000	$3,935	$4,446	$4,155
02141, Cambridge, MA	$3,042	$3,630	$4,477	$3,353
02109, Boston, MA	N/A	$3,339	$4,378	$3,533
02150, Chelsea, MA	$1,550	$2,225	$2,700	$2,584

Frequently Asked Questions - Lynn Average Rents

What is the average rent price in Lynn, MA?

The average monthly rental price for Lynn, MA apartments for rent is approximately $1,960. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lynn, MA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lynn, MA.

How much is a studio apartment in Lynn, MA?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Lynn.

How much is a one bedroom apartment in Lynn, MA?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Lynn.

How much is a two bedroom apartment in Lynn, MA?

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Lynn.

How have rent prices in Lynn, MA changed this year?

Rent prices for rentals in Lynn, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.16% year-over-year.

What is a reasonable rent price in Lynn, MA?

A reasonable rent price in Lynn, MA is around $1,568/month. You can search for these reasonably priced rental listings on RentHop.