Average rent in Lynn: $2,354/month
What it really costs to rent in Lynn, Massachusetts. Market-rate rent across all home types, tracked monthly since 2018.
Lynn rent trend, last 5 years
Rent by ZIP code
| ZIP | Area | Avg rent (May 2026) | 1-yr change | |
|---|---|---|---|---|
| 01905 | West Lynn | $2,635 | n/a (n/a) | trend → |
| 01902 | East Lynn / Lynn Common | $2,458 | +$14 (+0.6%) | trend → |
| 01901 | Downtown Lynn / Central Square | $2,147 | +$1 (+0.0%) | trend → |
ZIPs without sufficient rental volume in the index are not shown.
Lynn rent vs nearby cities
At $2,354/month, Lynn is the most affordable of the 6 nearby cities we track. See Lynn rent compared with Medford, Saugus, Revere, Peabody, Salem, Swampscott →
Who rents in Lynn
49.6% of Lynn households rent. Census data says current renters pay a median of $1,612/month including utilities — about $742 below today's $2,354 market rate, the gap between long-held leases and what a new mover pays. See who rents in Lynn, rent burden, and the income picture →
Section 8 & fair market rent
HUD's FY2026 fair market rent for a 2-bedroom here is $2,941 — the baseline voucher programs use, and it sits above Lynn's $2,354 market average. See studio through 4-bedroom figures →
When is rent cheapest in Lynn?
Historically, the Lynn index has climbed fastest in January, February, March and gone flat in April, August, December — a swing worth about $34/month at today's average. See the month-by-month data →
What you need to earn to rent in Lynn
Affording the typical $2,354/month at the 30%-of-income guideline takes about $94,160/year — roughly $45/hour full-time, more than the $74,715 the median Lynn household earns. See the income needed by ZIP and how it compares to local pay →
Know your rights as a Lynn renter
Massachusetts caps security deposits at one month's rent, requires every eviction to go through court, and — since August 2025 — bans charging tenants for a broker they didn't hire. See the rules that protect Lynn renters, with official sources →
What $2,354 means in Lynn
A year ago the average was $2,314; five years ago it was $1,803 — a 31% rise. Renters comparing Lynn to the wider Boston metro (averaging $3,211) are paying about 27% less than the metro typical.
These figures are smoothed market-rate estimates across apartments, condos, and single-family rentals — what a typical unit rents for today, not an average of asking prices. Methodology and caveats are documented here.
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