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Apartments in Lowell

31 - 35 of 35 Results
2
$1,550 - 2,100
Varnum Apartments
887 Varnum Ave Lowell, MA
Studio - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
2
$1,625
Willard Street Apartments Offers The Perfect Location, With Easy Access To All Major Highways 495 And Route 3.
134-140 148 Willard St Lowell, MA
1 BR | Available Now
Contact
Cat Friendly
Storage
3
$1,200
122 Eleventh St
Lowell, MA
Studio | Available Now
Contact
Storage
Disability Access
$1,950
Waugh Street Apartments
18-24 Waugh St Lowell, MA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
The Acre
$1,695
Cross Street Apartments
170 Cross St Lowell, MA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
The Acre
31 - 35 of 35 Results
  1. Home
  2. Boston Area Apartments
  3. Lowell

How much does it cost to rent an apartment in Lowell?

Lowell Apartments
Bed Type Average Rent Range
Studio $1,620 $1,210 - $1,820
1BR $1,880 $1,330 - $2,400
2BR $2,000 $1,580 - $2,360
3BR $2,750 $2,300 - $3,200
4+BR $3,130 $3,000 - $3,250
Frequently Asked Questions

How many apartments are available in Lowell, MA on Rentable.co?

Rentable.co has over 2,810 apartments available in Lowell.

What is the average rent for a studio apartment in Lowell, MA?

The average rent for a studio apartment in Lowell is around $1,620 per month.

What is the average rent for a one-bedroom apartment in Lowell, MA?

The average rent for a one-bedroom apartment in Lowell is around $1,880 per month.

What is the average rent for a two-bedroom apartment in Lowell, MA?

The average rent for a two-bedroom apartment in Lowell is around $2,000 per month.

How expensive is it to rent an apartment in Lowell, MA?

For a two-bedroom apartment in Lowell, the average rent price is $2,000 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Lowell, MA?

Based on average rent prices in Lowell, to afford a studio apartment you would need an annual household income of $65,000 to live comfortably.

Find a Lowell Apartment

Only three other cities in Massachusetts are larger than Lowell, with its estimated population of just over 108,000. Like many of the cities in Massachusetts, education is extremely important in Lowell, as it is the home of the research university, University of Massachusetts Lowell. The university is home to roughly 17,000 students, and has been climbing the university rankings consistently for the last several years.

Lowell was a very important city during the industrial revolution, and was for many years one of the most important industrial cities in the country. The city fell into a long depression when the manufacturing industry began to decline, but the eventual arrival of new industries in the city helped revive the economy, although the total recovery took decades.

When to Search

Lowell is subject to some of the housing cycles that affect many college towns. This means that August and September are the worst times to look, as this is when the new students arriving in town are booking up every apartment available. By the same token, this means that the months of April through July are when the students leave town, leaving available apartments for people moving to the city.

Staying in the Know

When you discuss accommodations with a Lowell landlord, be sure to let them know why you're moving to town. They recognize that several of the people moving to town are students, and are apt to have more options for accommodating students such as allowing roommates or consignors to help apply jointly for the apartment.

Life in Lowell

Transportation

Most people in the Lowell area choose to drive in order to get around the city and the surrounding communities. If you prefer to rely on public transportation, you have a few options, including the Lowell Regional Transit Authority. If you're attending the University, you can also get on the MBTA Commuter Rail system, or the Merrimack Valley Transportation Authority busses.

Where to play

There are several local museums that celebrate the arts, history and culture of the region, including a quilting and a textile museum. There are a number of great restaurants found along Merrimack Street, including ethnic selections like the Mambo Grill and La Boniche. Market Street is home to more restaurants, and some great bars like the Brewery Exchange.

Neighborhoods

Back Central
Belvidere
Lower Belvidere
South Lowell
The Acre

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Campuses Nearby

University of Massachusetts-Lowell
Middlesex Community College

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.

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