Average Rent in Lynn, MA

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Current Versus Historical Lynn, MA Rents

Lynn rentals average $0 for a studio rental to $0 for a studio rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $142 (8.54%) year-over-year from $1,658 to $1,800. 1-bedroom rentals prices have increased by $325 (16.88%) year-over-year from $1,925 to $2,250. 2-bedroom rentals prices have increased by $67 (2.80%) year-over-year from $2,383 to $2,450. 3-bedroom rentals prices have increased by $467 (17.72%) year-over-year from $2,633 to $3,100. 4-bedroom rentals prices have increased by $125 (3.50%) year-over-year from $3,575 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 3.85% this month. 1-bedroom rents have gone up by 6.30% this month. 2-bedroom rents have gone up by 0.68% this month. 3-bedroom rents have gone up by 1.09% this month. 4-bedroom rents have gone down by 0.67% this month.
Beds
Price / Sqft
May 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 1 cities nearby Lynn. The average rent in Lynn is currently $3,449 per month. Our records show that Cambridge, MA, with an average rent of $3,449, is the most affordable city nearby. In contrast, the most expensive city near Lynn, MA is Cambridge, MA. Monthly rents here are on average $3,449 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 1 cities near Lynn, MA in the following chart.
City Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,075 $3,785 $3,449

Top Neighborhoods Near Lynn

There are a total of 2 neighborhoods in or near Lynn. We've included all of these top 2 neighborhoods in or near Lynn, MA in the following chart.

The average rent for these 2 neighborhoods in or near Lynn, MA is currently around $3,690 per month. Meaning, only two neighborhoods have a higher average rent than $3,690. Interestingly, the neighborhoods' average rent is higher than Lynn's average rent, which is only $1,800. Out of all the neighborhoods in or near Lynn, East Cambridge has the most affordable average rent at $3,637 per month. Whereas, at $3,743 average rent per month, West End 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 $3,047 $3,404 $4,390 $3,637
West End, Boston, MA $2,905 $3,420 $4,845 $3,743

Top Counties Near Lynn

There are a total of 2 counties located by Lynn, MA. The average rent for rentals in these counties is $3,449. That's roughly around $4 per sqft. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,449. Vice versa, with an average rent of $3,449, 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 the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,075 $3,785 $3,449

Top Zipcodes Near Lynn

There are a total of 3 zipcodes in or near Lynn, MA. The average rent for all of these zipcodes is $3,533.

The following chart includes the top 3 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 $3,215 $3,910 $4,488 $4,011
02141, Cambridge, MA $3,042 $3,630 $4,427 $3,404
02109, Boston, MA N/A $3,339 $4,378 $3,533

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 $1,800. 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 1 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 0 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 0.09%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Lynn, MA?
A reasonable rent price in Lynn, MA is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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