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Average Rent in Lynn 01970 & Rent Trends

Rent prices and market trends across 2 apartment communities in Lynn 01970, Lynn, MA. Updated daily.

Market Average

$2,869/mo

Lowest Available

$2,275/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

87

available now

Lynn 01970 vs Lynn, MA Average

Lynn 01970 is cheaper the Lynn, MA average by $35/mo (1%). The citywide average is $2,904/mo across all neighborhoods.

Is Rent Going Up or Down in Lynn 01970?

As of July 2026, the average rent in Lynn 01970 is $2,869 per month across 2 apartment communities and 87 available units.

The most affordable option is Lore starting at $2,275/mo. By unit type, a studio averages $2,470/mo, a 1-bedroom averages $2,447/mo, a 2-bedroom averages $3,179/mo.

Prices range from $2,275 to $3,307 per month. The most common price point is the $3,000 range, where 26 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lynn 01970

Studio
$2,470
from $2,322 · 5 units
1 Bed
$2,447
from $2,275 · 32 units
2 Bed
$3,179
from $2,987 · 50 units

Rent Prices by Apartment in Lynn 01970

Property Starting at Average Units Rating
Lore $2,275/mo $2,868/mo 83 4.9
Traders Row $2,730/mo $2,883/mo 4 3.6

Frequently Asked Questions About Rent in Lynn 01970

What is the average rent in Lynn 01970?

The average rent in Lynn 01970 is $2,869 per month as of July 2026, based on 87 units across 2 apartment communities.

Is rent going up or down in Lynn 01970?

The current average rent in Lynn 01970 is $2,869/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Lynn 01970?

The most affordable apartment in Lynn 01970 is Lore with units starting at $2,275/mo.

How much is a 1-bedroom apartment in Lynn 01970?

A 1-bedroom apartment in Lynn 01970 averages $2,447/mo, with prices starting at $2,275/mo across 32 available units.

How many apartments are available in Lynn 01970?

There are 87 units available across 2 apartment communities in Lynn 01970.

What salary do I need to live comfortably in Lynn 01970?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$115,000/year

Based on the 30 percent rule, using our tracked average rent of $2,869/mo.

Comfortable income

$138,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,275/mo), you need to earn at least $91,000/year.

Median household income in Lynn 01970 is $74,715 , about 46% below the comfortable-living threshold.

Cost of living in Lynn 01970

Overall prices in Lynn 01970 runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lynn 01970's regional price parities.

Category Monthly estimate
Rent (market average) $2,869
Utilities $637
Groceries $544
Transportation $1,520
Healthcare $741
Other goods and services $1,186
Estimated total $7,497/mo

Population

100,905

Median household income

$74,715

Census median rent

$1,612/mo

Rent as % of income

33.9%

Median age

36.8

Mean commute

31 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Lynn 01970 Apartments

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