Rental market snapshot for Lynn, Massachusetts

Lynn, Massachusetts Rental Property Market Overview

Lynn, Massachusetts is a city located in Essex County with a population of 100,843 as of 2021, according to the US Census. Lynn is a diverse city with a rich history, having been founded in 1629. It is home to many cultural attractions, such as the Lynn Museum and LynnArts, as well as a variety of parks and recreational areas. The city is also home to a number of educational institutions, including the North Shore Community College and Endicott College. Lynn is a vibrant city with a lot to offer its residents and visitors alike.

The average rent for an apartment in Lynn is $2,434. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Lynn Massachusetts | Cost of Living

  • The most expensive ZIP code in Lynn is 01901 with an average price of $2,467.
  • The cheapest ZIP code in Lynn is 01902 with an average price of $2,374.

Lynn ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
101901$2,467
201905$2,420
301902$2,374

Live near Lynn, Massachusetts's Top Sights and Attractions

High Rock Park is a picturesque outdoor destination located on a hilltop overlooking the ocean. The park offers stunning views of the ocean and the surrounding area, as well as a variety of recreational activities. Visitors can explore the park's trails, take in the scenery from the observation deck, or relax on the beach. The park also features a playground, picnic areas, and a variety of wildlife. High Rock Park is a great place to spend a day outdoors, enjoying the fresh air and beautiful views.

Keaney Memorial Park is a scenic park located on the waterfront of a bustling city. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a walking path. The park also offers stunning views of the harbor, with plenty of benches and seating areas to take in the scenery. There is also a memorial dedicated to the city's veterans, as well as a gazebo and a fountain.

Neptune Boulevard Park is a beautiful waterfront park located on the Atlantic Ocean. It features a large grassy area with plenty of room to picnic and relax, as well as a playground and a walking path. There is also a fishing pier and a boat launch, making it a great spot for fishing and boating. The park also has a beach area with a sandy beach and a boardwalk. Visitors can also enjoy stunning views of the ocean and the city skyline.

Lynn Common is a large public park located in the heart of the city. It features a large grassy area, a pond, a playground, and a walking path. There are also several monuments and memorials located throughout the park, including a memorial to the city's veterans. The park is a popular spot for locals to gather and relax, and it is also home to a variety of events throughout the year.

Barry Park is a small public park located in a residential area. It features a playground, basketball court, and a large grassy area perfect for picnics and outdoor activities. There is also a walking path that winds through the park, making it a great spot for a leisurely stroll. The park is well-maintained and provides a peaceful escape from the hustle and bustle of the city.

Hood Park is a large public park located on the waterfront of a coastal town. It features a large grassy area, a playground, a walking path, and a pier with a gazebo. The pier is a popular spot for fishing, and the park also has a small beach area. There are also picnic tables and benches scattered throughout the park, making it a great spot for a family outing.

Goldfish Pond Park is a picturesque park located in a residential area. It features a large pond with a fountain in the center, surrounded by a walking path and benches. The park also has a playground, picnic tables, and a gazebo. The pond is home to a variety of wildlife, including ducks, geese, and of course, goldfish. The park is a popular spot for families to enjoy a day outdoors, with plenty of space to run around and explore.

Connery Rink is an outdoor ice skating rink located in a scenic area. It features a large ice rink surrounded by trees and a picturesque view of the surrounding area. The rink is open year-round and offers a variety of activities, including public skating, hockey, and figure skating. The rink also offers a variety of lessons and classes for all ages and skill levels. The facility also includes a snack bar, pro shop, and a heated viewing area.

Red Rock Park is a scenic outdoor area located in Lynn, Massachusetts. It features a large rock formation that towers over the landscape, giving visitors a breathtaking view of the surrounding area. The park also has a variety of trails, picnic areas, and a playground for children. Visitors can also explore the nearby beach and take in the beautiful views of the ocean. Red Rock Park is a great place to spend a day outdoors, and it's a popular spot for locals and tourists alike.

Breed Park is a large public park located in a coastal town. It features a variety of outdoor activities, including walking trails, a playground, a basketball court, and a picnic area. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and swans. The park is a popular spot for locals to enjoy the outdoors and take in the beautiful views of the ocean.

Lynn, Massachusetts area median rent change by ZIP code map

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How does Lynn compare to other cities in Massachusetts?

citymedian price
Lincoln$4,139
Arlington$2,850
Malden$2,794
Southampton$2,700
Framingham$2,517
Sharon$2,476
Attleboro$2,144
Lowell$2,088
Taunton$1,850
Gardner$1,645

Average household income in Lynn area graph - US Census

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The median household income in Lynn in 2021 was $63,922. This represents a 46.1% change from 2011 when the median was $43,741.

#categorypercent
0Less than $10,0009.2%
1$10,000 to $14,9997.2%
2$15,000 to $19,9994.2%
3$20,000 to $24,9994.2%
4$25,000 to $29,9993.7%
5$30,000 to $34,9994.1%
6$35,000 to $39,9993.2%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.7%
9$50,000 to $59,9995.4%
10$60,000 to $74,99910.4%
11$75,000 to $99,99914.2%
12$100,000 to $124,9998.6%
13$125,000 to $149,9995.7%
14$150,000 to $199,9997.8%
15$200,000 or more4.1%

Neighborhoods in Lynn

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Lynn is $2,434.
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