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The Shipwright apartments in Lynn, MA

Updated

The Shipwright

1 Hanson St, Lynn, MA 01905, USA

4.9 (53 reviews) Official Website

Live pricing, refreshed

63
Units Listed
$2,270
Starting at
$3,123
Average
$4,790
Highest
$3.49
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Lynn 01905 rent trends

Beds

Pricing by Bedroom

Studio
$2,452
from $2,270 · 10 units
~511 sqft avg
1 Bed
$2,824
from $2,560 · 20 units
~744 sqft avg
2 Bed
$3,467
from $3,055 · 32 units
~1,095 sqft avg
3 Bed
$4,790
from $4,790 · 1 units
~1,358 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (2)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$353K

$4.2M annual run rate

Modeled estimate

Est. Occupancy

64%

of about 177 units (modeled from leasing activity)

Effective Rent on New Leases

$3,094

vs $3,123 current asking ($29 negotiation gap)

Recent Lease Activity

177 units tracked; 114 assumed leased, 63 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

63

Very high availability

27 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Lynn, MA

Similar

Comparing this building against 6 similar Lynn, MA apartments by price. Click any bar to view that building.

See rent trends on the Lynn, MA map Explore Lynn, MA on the interactive map

Available Units

63 units
Studio / 1 Bath S1
$2,270/mo
480 ft² · $4.73/ft² · #302
Studio / 1 Bath S1.1
$2,350/mo
546 ft² · $4.30/ft² · #287
Studio / 1 Bath S1
$2,350/mo
480 ft² · $4.90/ft² · #602
Studio / 1 Bath S1
$2,375/mo
480 ft² · $4.95/ft² · #271
Studio / 1 Bath S1
$2,450/mo
480 ft² · $5.10/ft² · #226
Studio / 1 Bath S1
$2,465/mo
480 ft² · $5.14/ft² · #434
Up $50 since Jul 10 (was $2,415)
Studio / 1 Bath S1
$2,470/mo
480 ft² · $5.15/ft² · #326
Up $200 since Sep 15 (was $2,270)
Studio / 1 Bath S1
$2,490/mo
480 ft² · $5.19/ft² · #426
1 Bed / 1 Bath A1D.1
$2,560/mo
754 ft² · $3.40/ft² · #557
Down $200 since Sep 18 (was $2,760)
Studio / 1 Bath SA2
$2,615/mo
600 ft² · $4.36/ft² · #432
Up $50 since Jul 29 (was $2,565)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Passenger line 1,837 ft away · 58 trains/day

  • 41 daytime, 17 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: MBTA

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lynn, MA notes

No resident notes for this property yet.

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Lynn 01905 Rent Trends

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