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ZIP Code · MA

ZIP 01902

Part of Lynn, MA
Pop. 50,066·Essex County·130th most expensive ZIP in Massachusetts
Median rent (all units)
$2,334/mo
Year-over-Year
-4.1%
Month-over-Month
-5.0%
vs US Median
+$369
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 01902 · $2,334
More expensive than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,040
1 BR
$2,160
2 BR
$2,560
3 BR
$3,080
4 BR+
$3,390
Research median
$2,560/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
$28,008/yr
At $2,334/mo median
Location
CityLynn
StateMA
CountyEssex County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.1% YoY, -5.0% MoM), not inventory.
Demographics

Who lives here

ZIP 01902 (Lynn, MA) is majority renter-occupied, 21.4% of residents hold a bachelor's degree or higher.

Population
50,066
Median income
$67,046
Median age
35.8
Renters
63.1%
Age distribution
24.9%
23.8%
27%
12.9%
Under 1824.9%
18–3423.8%
35–5427%
55–6411.4%
65+12.9%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
31.8%
12.5%
53.1%
White31.8%
Black12.5%
Hispanic53.1%
Asian4.9%
Education (25+)
24.1%
33.8%
20.7%
21.4%
No HS diploma24.1%
HS diploma33.8%
Some college20.7%
Bachelor's+21.4%
Housing tenure
36.9%
63.1%
Owner36.9%
Renter63.1%

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

2021 vs 2026

How ZIP 01902 in Lynn, MA has changed in 5 years

Income
$53,802 → $67,046
up 24.6%
Population
51,008 → 50,066
down 1.8%
Renter share
60.6% → 63.1%
+2.5 pts
Bachelor's+
19.2% → 21.4%
+2.2 pts

Household income in the area moved from $53,802 to $67,046 across the same window, up 24.6% versus 2021. The population has contracted by 1.8% since 2021, moving from about 51,008 residents to roughly 50,066. Renters now make up 63.1% of households, compared with 60.6% five years ago. College-educated residents now make up 21.4% of adults here, versus 19.2% in 2021.

Community

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Local insights

Tips for renters in ZIP 01902

About renting in ZIP 01902

Last updated: July 20, 2026

ZIP code 01902 covers Lynn, MA. The median rent here is $2,334/mo as of July 2026. A 1-bedroom rents for a median of $2,160/mo. A 2-bedroom rents for a median of $2,560/mo.

At 42% of local median household income ($67,046/yr), ZIP 01902 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01902?

As of July 20, 2026, the median monthly rent in ZIP 01902 (Lynn, MA) is $2,334. This is based on aggregated data from public sources and community submissions.

How does ZIP 01902 rent compare to the US average?

ZIP 01902's median rent of $2,334/mo is $369 (19%) above the US national median of $1,965/mo.

How does ZIP 01902 compare to other ZIPs in Massachusetts?

ZIP 01902 is among the more affordable ZIP codes in Massachusetts, ranking #130 out of 168 ZIPs at $2,334/mo.

How much income do you need to rent in ZIP 01902?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,334/mo in ZIP 01902. The local median household income is $67,046/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01902?

Rent in ZIP 01902 has decreased 4.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 01902 an affordable place to rent?

ZIP 01902 is considered stretched for renters. At $2,334/mo, rent takes approximately 42% of the local median household income ($67,046/yr). The standard benchmark is 30%. ZIP 01902 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 01902 residents rent vs. own?

According to Census data, approximately 63.1% of ZIP 01902 households are renters, while 36.9% are owner-occupied. With a majority renter population, ZIP 01902 has a strong rental market.

How does ZIP 01902 compare to the rest of Lynn?

ZIP 01902 is pricier than Lynn as a whole. At $2,334/mo, it's $34 above the Lynn citywide median of $2,300/mo.

When was rent data for ZIP 01902 last updated?

Rent data for ZIP 01902 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $2,334/mo, rent takes ~42% of ZIP 01902's median household income ($67,046/yr). The standard benchmark is 30%.

ZIP 01902 42%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01902 (Lynn, MA)

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