Apartments in The Acre Lowell

31 - 36 of 36 Results
15
$2,245 - 2,300
39 Carl Pl Lowell, MA
1 - 2 BR | May. 31, 2024
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
30
$1,600 - 2,100
1982-1990 Middlesex St Lowell, MA
Studio - 2 BR | May. 29, 2024
Contact
Heat Included
Furnished
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
19
$1,610 - 2,408
Deal
2.0
130 Bowden St, , Lowell, MA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Balcony/Deck/Patio
2
$1,550 - 2,100
887 Varnum Ave Lowell, MA
Studio - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
8
$1,950
151-159 Wood St Lowell, MA
2 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
Dishwasher
19
$1,595
1895 Middlesex St Lowell, MA
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Storage
31 - 36 of 36 Results
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Lowell:
May Rent Report

Welcome to the May 2024 Lowell Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Lowell rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lowell and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lowell average rent prices in the chart below.

Monthly Rent Report

$2,200
$1,650
$1,100
$550
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Lowell Rent Prices Increase From April to May

Lowell rent prices increased over the last month. From April to May, the city experienced a 3.96% increase for the price of a one-bedroom apartment. The rent price for a Lowell one-bedroom apartments currently stands at $1,888.0.

When we take a look at the two-bedroom comparison from April to May, Lowell experienced a 0.3% increase for the price of a two-bedroom apartment. The rent price for a Lowell two-bedroom apartments currently stands at $2,014.0.

May Prices: Lowell vs. Surrounding Areas

Rent Prices in Lowell and Surrounding Areas

Rent prices have increased in Lowell over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lowell suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lowell suburbs

  • Rents did not decrease in any of the Lowell suburbs.

May 2024 Pricing Trends: Lowell vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Lowell Rent Prices More Affordable Than Major Cities

Rent growth in Lowell over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lowell average rent prices appear to be relatively affordable for local residents.

The price for a Lowell one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lowell and surrounding area rent prices, take a look at the complete data set below.

Data set for Lowell and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.