Cheap Apartments for Rent in 01902
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PET FRIENDLY$1,650 - $2,025/moFees may apply
Studio-1 Bed
1 BathBayview Apartments | 135 Ocean St #66-56,
Lynn, MA 01902
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PET FRIENDLY$1,900 - $2,600/moFees may apply1-2 Beds1 Bath11 - 17 Beach Road Apartments | 17 Beach Rd #49,
Lynn, MA 01902
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NEW - 1 DAY AGOPET FRIENDLY$2,000 - $2,500/moFees may apply1-2 Beds1 Bath55 Estes Street Apartment | 55 Estes St #6,
Lynn, MA 01902
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Average Rent Trends in 01902
Rent in 01902 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,300 |
| Jul 2025 | $2,480 |
| Aug 2025 | $2,460 |
| Sep 2025 | $2,450 |
| Oct 2025 | $2,300 |
| Nov 2025 | $2,470 |
| Dec 2025 | $2,300 |
| Jan 2026 | $2,300 |
| Feb 2026 | $2,350 |
| Mar 2026 | $2,600 |
| Apr 2026 | $2,600 |
| May 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,900 | $2,490 | $3,000 | $3,000 | $2,500 |
| Townhomes | $1,700 | $2,600 | $1,150 | — | $1,700 |
| Apartments and Condos | $1,950 | $2,500 | $2,975 | $3,000 | $2,513 |
| Houses | — | $2,500 | $3,849 | $3,550 | $3,200 |
Frequently Asked Questions about Rentals in 01902
- What is the average rent of an apartment in 01902?The average rent of an apartment in 01902 is $2,389 per month. This is about 24% higher than the national average.
- What is the average rent of a house in 01902?The average rent of a house in 01902 is $3,200 per month. This is about 66% higher than the national average.
- What is the average rent of a townhome in 01902?The average rent of a townhome in 01902 is $1,700 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in 01902?In the last year, the average rent in 01902 was lowest in Apr 2025 when it was $2,300 per month.
- When is the average rent most expensive in 01902?In the last year, the average rent in 01902 was highest in Jan 2025 when it was $2,500 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 01902?The average rent of a 1 bedroom apartment in 01902 is $1,900 per month. That is about $223 more than the cost of a studio apartment.
- How many available rental listings are in 01902?There are 143 available rental listings in 01902.
- What are some cities near 01902?Some nearby cities include: Lynn, Swampscott, Nahant, Salem, Saugus, Marblehead. These cities may have more rental options to explore.