Rental market snapshot for Lynnfield, Massachusetts

Lynnfield, Massachusetts Rental Property Market Overview

Lynnfield, Massachusetts is a small town located in Essex County with a population of 11,596 as of 2021, according to the US Census. It is a suburban community located just north of Boston, and is known for its small-town charm and close-knit community. Lynnfield is home to several parks and recreational areas, as well as a variety of shops and restaurants. It is a great place to live for those looking for a peaceful and friendly atmosphere.

The average rent for an apartment in Lynnfield is $3,272. 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 Lynnfield Massachusetts | Cost of Living

  • The most expensive ZIP code in Lynnfield is 01940 with an average price of $3,172.
  • The cheapest ZIP code in Lynnfield is 01940 with an average price of $3,172.

Lynnfield ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
101940$3,172

Live near Lynnfield, Massachusetts's Top Sights and Attractions

Lynn Woods Reservation is a 2,200-acre park located in Lynnfield, Massachusetts. It is the second largest municipal park in the state and is home to a variety of wildlife, including deer, foxes, and coyotes. The park features over 25 miles of trails for hiking, biking, and horseback riding, as well as a variety of other outdoor activities such as fishing, camping, and picnicking. The park also features a variety of scenic views, including a lake, a waterfall, and a variety of rock formations.

Lynn Woods Reservation is a 2,200-acre park located in Lynnfield, Massachusetts. It is the second largest municipal park in the state and is home to a variety of wildlife, including deer, foxes, and coyotes. The park features over 25 miles of trails for hiking, biking, and horseback riding, as well as a variety of other outdoor activities such as fishing, camping, and picnicking. The park also features a variety of scenic views, including a lake, a waterfall, and a variety of rock formations.

Beaver Dam Brook Reservation is a scenic outdoor area located in Massachusetts. It features a variety of trails that wind through wooded areas and open fields, offering visitors the opportunity to explore the natural beauty of the area. The reservation also has a pond, which is home to a variety of wildlife, including beavers, turtles, and fish. Visitors can also take advantage of the picnic area, which offers a great spot to relax and enjoy the scenery.

Glen Meadow Park is a picturesque outdoor destination located in a quiet suburban area. The park features a large grassy area perfect for picnics and outdoor activities, as well as a playground and walking trails. Visitors can also enjoy a peaceful pond, where they can fish or take a leisurely stroll. The park is surrounded by lush trees and shrubs, providing a tranquil atmosphere for visitors to relax and enjoy nature.

Jordan Park is a scenic outdoor area located in a quiet suburban neighborhood. It features a large pond, walking trails, and plenty of open space for picnicking, playing sports, or just relaxing. The park also has a playground and a gazebo, making it a great spot for families to enjoy. The pond is stocked with fish, and visitors can rent canoes and kayaks to explore the water. In the winter, the park is a popular spot for ice skating and sledding.

Freeman Park is a large outdoor recreational area located in a suburban area. It features a variety of activities for visitors to enjoy, including walking trails, a playground, a pond, a picnic area, and a basketball court. The park also has a large open field, perfect for playing sports or flying kites. In addition, there are several benches and tables scattered throughout the park, providing a great spot to relax and take in the scenery.

Lynnfield Common is a picturesque park located in the heart of town. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a pond. The pond is a popular spot for fishing, and there are plenty of trails for walking and biking. The park also has a gazebo, a bandstand, and a memorial garden. In the summer, the park hosts a variety of events, including concerts, festivals, and movie nights.

Newhall Memorial Park is a beautiful outdoor space located in the suburbs of Massachusetts. It features a large pond, walking trails, and plenty of open green space for picnicking and other activities. The park is home to a variety of wildlife, including ducks, geese, and other birds. There is also a playground and a gazebo for visitors to enjoy. The park is a great place to spend a day outdoors, with plenty of opportunities for fishing, bird watching, and simply enjoying the peaceful atmosphere.

Bow Ridge Conservation Area is a scenic outdoor destination located in the suburbs of Massachusetts. The area is home to a variety of wildlife, including birds, deer, and other small animals. Visitors can explore the trails, which wind through the woods and offer stunning views of the surrounding area. There is also a pond, which is great for fishing and canoeing. The area is also popular for picnicking, bird watching, and photography.

Keenen Conservation Land is a beautiful nature preserve located in the suburbs of Massachusetts. It features a variety of trails for walking, biking, and horseback riding, as well as a pond for fishing and canoeing. The area is home to a variety of wildlife, including deer, foxes, and a variety of birds. The trails are well-marked and provide stunning views of the surrounding countryside. Visitors can also enjoy picnicking, bird watching, and exploring the many natural wonders of the area.

Lynnfield, Massachusetts area median rent change by ZIP code map

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How does Lynnfield compare to other cities in Massachusetts?

citymedian price
Stoneham$3,166
Northwest Harwich$2,805
Southampton$2,700
Weymouth Town$2,535
Sharon$2,527
Pembroke$2,525
Foxborough$2,300
Westfield$1,850

Average household income in Lynnfield area graph - US Census

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The median household income in Lynnfield in 2021 was $147,237. This represents a 37.8% change from 2011 when the median was $106,860.

#categorypercent
0Less than $10,0003.5%
1$10,000 to $14,9990.9%
2$15,000 to $19,9992.0%
3$20,000 to $24,9991.7%
4$25,000 to $29,9991.8%
5$30,000 to $34,9994.0%
6$35,000 to $39,9991.2%
7$40,000 to $44,9992.0%
8$45,000 to $49,9991.7%
9$50,000 to $59,9992.9%
10$60,000 to $74,9998.7%
11$75,000 to $99,9996.0%
12$100,000 to $124,9998.8%
13$125,000 to $149,9997.3%
14$150,000 to $199,99912.3%
15$200,000 or more35.2%

Neighborhoods in Lynnfield

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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.

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As of February , the average rent in Lynnfield is $3,272.
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