ZIP Code · MA

ZIP 01905

Part of Lynn, MA

Pop. 28,221·Essex County·108th most expensive ZIP in Massachusetts

Median rent (all units)

$2,543/mo

Year-over-Year

Stable

Month-over-Month

-1.6%

vs US Median

+$611

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 01905 · $2,543

More expensive than 81% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($84,333) is $2,108 a month. That covers HUD's Fair Market Rent for up to a studio ($2,040); a 1-bedroom is $2,160.

Rank in Lynn

3rd cheapest of 3 ZIP codes in Lynn.

Cheaper nearby

ZIP 01901, 2 miles away, rents for 10% less ($2,278/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 01905. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$30,516/yr

At $2,543/mo median

Location

CityLynn

StateMA

CountyEssex County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 01905 (Lynn, MA) is roughly split between renters and owners, has a large share of families with children, 20.5% of residents hold a bachelor's degree or higher.

Population

28,221

Median income

$84,333

Median age

33.1

Renters

48.3%

Age distribution

25.4%

26.9%

27.3%

Under 1825.4%

18–3426.9%

35–5427.3%

55–649.2%

65+11.2%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

38.2%

13.4%

43.3%

White38.2%

Black13.4%

Hispanic43.3%

Asian9.1%

Education (25+)

23.9%

29.7%

25.8%

20.5%

No HS diploma23.9%

HS diploma29.7%

Some college25.8%

Bachelor's+20.5%

Housing tenure

51.7%

48.3%

Owner51.7%

Renter48.3%

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

2021 vs 2026

How ZIP 01905 in Lynn, MA has changed in 5 years

Income

$64,885 → $84,333

up 30.0%

Population

26,962 → 28,221

up 4.7%

Renter share

53.5% → 48.3%

-5.2 pts

Bachelor's+

17.3% → 20.5%

+3.2 pts

Median age

34.2 → 33.1

-1.1 yrs

Median household income grew from $64,885 to $84,333 between 2021 and 2024, a 30.0% shift. Headcount in the area went from 26,962 to 28,221 between 2021 and 2024, a 4.7% change. About 48.3% of households rent today, against 53.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.3% to 20.5%.

Community

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Local insights

Tips for renters in ZIP 01905

About renting in ZIP 01905

Last updated: October 17, 2026

ZIP code 01905 covers Lynn, MA. The median rent here is $2,543/mo as of October 2026. A 1-bedroom rents for a median of $2,160/mo. A 2-bedroom rents for a median of $2,560/mo.

At 36% of local median household income ($84,333/yr), ZIP 01905 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 01905?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,543/mo in ZIP 01905. The local median household income is $84,333/yr, so the typical household falls short of that bar.