Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lynn city, Massachusetts?
City · Census ACS 5-Year estimates
The median gross rent in Lynn city, Massachusetts is $1,722/month (±$60), based on Census ACS 5-Year estimates (2024). The median home value is $510,100 (±$22,743), and the median household income is $75,043/year. The unemployment rate in Essex County, Massachusetts was 4.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Lynn city, Massachusetts
| Metric | Value |
|---|---|
| Median Gross Rent | $1,722 |
| Median Home Value | $510,100 |
| Median Household Income | $75,043 |
| Total Housing Units | 36,414 |
| Renter-Occupied Units | 18,892 |
| Renter-Occupied Share | 52% |
| Households Paying 50%+ Income | 5,917 households |
| Unemployment Rate(April 2026) | 4.3% |
How does Lynn city, Massachusetts compare?
Median gross rent ranked against all cities in Massachusetts.
Higher rent than 57% of cities in Massachusetts · 95th of 216
| # | City | Value |
|---|---|---|
| 1 | Hanscom AFB CDP | $3,408 |
| 2 | New Seabury CDP | $3,146 |
| 3 | South Duxbury CDP | $3,000 |
| … 91 more … | ||
| 95 | Lynn city(you are here) | $1,722 |
| … 118 more … | ||
| 214 | Smith Mills CDP | $658 |
| 215 | Cheshire CDP | $647 |
| 216 | Groton CDP | $349 |
More data for Lynn city, Massachusetts
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Frequently asked questions
What is the average rent in Lynn city, Massachusetts?
The median gross rent in Lynn city, Massachusetts is $1,722/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Lynn city, Massachusetts?
The median rent for a 2-bedroom in Lynn city, Massachusetts is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lynn city, Massachusetts?
The median home value in Lynn city, Massachusetts is $510,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lynn city are rent-burdened?
In Lynn city, Massachusetts, 5,917 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Lynn city, Massachusetts?
The median household income in Lynn city, Massachusetts is $75,043/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,722 has a margin of error of ±$60. In very small areas, MOEs can be large relative to the estimate.
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