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City Report · MA

Lynn

Pop. 101,709·89th most expensive in Massachusetts·Rental market data updated monthly for Lynn, MA
Median rent (all units)
$2,300/mo
Year-over-Year
+0.6%
Month-over-Month
-2.3%
vs US Median
+$335
Falling (Monthly)
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Most AffordableMost Expensive
Lynn · $2,300
More expensive than 73% of US cities · National median $1,965/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

Rents are 10% below what Lynn's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,300/mo
Expected by trend
$2,558/mo
The Rent Reality Score compares today's median rent to where Lynn's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,140
2 BR
$2,550
3 BR
$3,080
4 BR+
$3,390
Research median
$2,550/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$27,600/yr
At $2,300/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.6% YoY, -2.3% MoM), not inventory.
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Demographics

Who lives here

Lynn, MA is roughly split between renters and owners, 24.1% of residents hold a bachelor's degree or higher.

Population
101,709
Median income
$75,043
Median age
36.5
Renters
51.9%
Age distribution
24.1%
24%
27.3%
13.7%
Under 1824.1%
18–3424%
35–5427.3%
55–6411%
65+13.7%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
39%
45.9%
White39%
Black11.5%
Hispanic45.9%
Asian6.2%
Education (25+)
22.1%
31%
22.8%
24.1%
No HS diploma22.1%
HS diploma31%
Some college22.8%
Bachelor's+24.1%
Housing tenure
48.1%
51.9%
Owner48.1%
Renter51.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lynn, MA has changed in 5 years

Rent
$1,823 → $2,300
up 26.2%
Income
$63,922 → $75,043
up 17.4%
Population
100,233 → 101,709
up 1.5%
Renter share
52% → 51.9%
-0.1 pts
Bachelor's+
21% → 24.1%
+3.1 pts

Rent in Lynn, MA has climbed 26.2% since 2021, going from about $1,823 per month to roughly $2,300 today. On the earnings side, the typical household in Lynn, MA now reports about $75,043, up from $63,922 in 2021. Rent outpaced income growth by roughly 8.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 100,233 to 101,709 between 2021 and 2024, a 1.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21% to 24.1%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Lynn, MA reflects that arc in its own way.

Community

Discussions about Lynn

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View Lynn rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lynn on your salary?

At $2,300/mo, how Lynn rent compares to typical pay (30% rule).

By apartment size

Lynn rent by bedroom count

Median rent for each apartment size in Lynn. Click any size for full breakdown.

Local insights

Tips for renters in Lynn

About renting in Lynn, MA

Last updated: July 20, 2026

The median rent in Lynn is $2,300/mo as of July 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,550/mo. One-bedroom apartments average $2,140/mo and 3-bedroom units go for $3,080/mo.

At 37% of local median household income ($75,043/yr), Lynn ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

Is Lynn an affordable city for renters?

Lynn is considered moderate for renters. At $2,300/mo, rent takes approximately 37% of the local median household income ($75,043/yr). The standard benchmark is 30%. Lynn slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lynn?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,300/mo in Lynn. The local median household income is $75,043/yr, meaning the typical Lynn household falls short of that threshold.

Is rent going up or down in Lynn?

Rent in Lynn has increased 0.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Lynn neighborhoods have the lowest rent?

The most affordable ZIP codes in Lynn are 01901 ($2,142/mo), 01902 ($2,334/mo), and 01905 ($2,636/mo). Citywide, the median rent in Lynn is $2,300/mo.

How does Lynn rent compare to other cities in Massachusetts?

Lynn is one of the more affordable cities in Massachusetts for rent, ranking #89 out of 107 tracked cities at $2,300/mo.

What percentage of Lynn residents rent vs. own?

According to Census data, approximately 51.9% of Lynn households are renters, while 48.1% are owner-occupied. With a majority renter population, Lynn has a strong rental market.

How does Lynn rent compare to the national average?

Lynn's median rent of $2,300/mo is $335 (17%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #89 out of 107 tracked cities.
Income Affordability
37%
MODERATE

At $2,300/mo, rent takes ~37% of Lynn's median household income ($75,043/yr). The standard benchmark is 30%.

Lynn 37%Benchmark 30%
State income tax5%
Run the Lynn affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lynn, MA

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