Low Income Apartments and Affordable Housing For Rent in Lynn, MA

Discover affordable housing in Lynn where there are 94+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

33 Sweetser Terrace Unit 1

33 Sweetser Terrace Unit 1, Lynn, Massachusetts 01904

bed 3
payment $3200/mo.

49 Hanover St Unit 1

49 Hanover St Unit 1, Lynn, Massachusetts 01902

bed 2
payment $2400/mo.

167 N Common St Unit 34

167 N Common St Unit 34, Lynn, Massachusetts 01905

bed 1
payment $2100/mo.

57 Estes St Unit 3rd Floor

57 Estes St Unit 3rd Floor, Lynn, Massachusetts 01902

bed 3
payment $3100/mo.

Cobbet Hill

498 Essex St, Lynn, Massachusetts 01902

bed 1-4

Wall Plaza

18 Bond St, Lynn, Massachusetts 01905

payment Subsidized

Curwin Circle

18 Bond St, Lynn, Massachusetts 01905

payment Subsidized

Brickyard Village

Warren St, Lynn, Massachusetts 01902

switch_access_shortcut Short Wait

St Jeans Development Project

121 Franklin St, Lynn, Massachusetts 01902

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Saint Jean Baptiste

12 Lyman St, Lynn, Massachusetts 01902

switch_access_shortcut Short Wait
accessibility Accessible

Warren Shepard Street

9 Warren St, Lynn, Massachusetts 01902

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

St Marys Constr

32 S Common St, Lynn, Massachusetts 01902

New Construction

20 Neptune Blvd, Lynn, Massachusetts 01902

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Non - Profit Organization Support

52 Andrew St, Lynn, Massachusetts 01901

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Lynn, Massachusetts

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Feb 1
Open Until Further Notice
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Reported On May 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lynn, Massachusetts
$53.54/hour
$38.54 (+257%) more than Massachusetts minimum wage and $46.29 (+639%) more than the Federal minimum wage.
Learn More About Lynn, Massachusetts Affordable Housing ↓

What HUD offices serve Lynn, Massachusetts?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Lynn, Massachusetts.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Lynn, Massachusetts.

Go to the Massachusetts Public Housing and Low-Income Apartments Waiting Lists page for openings near Lynn.

How many renters live in Lynn, Massachusetts?

The City of Lynn has people living in households.

There are renters living in renter households in this City. Renters make up 47.46 percent of the population living in Lynn.

What is the rental market like in Lynn, Massachusetts?

There are an estimated housing units in the Lynn area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lynn, Massachusetts, there are 1.04 rental units.

What is the vacancy rate for rentals in Lynn?

The rental vacancy rate in Lynn is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Lynn for each bedroom size?

Occupied Rental Units by Size in Lynn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,804 5,213 7,542 3,059 605
Occupied Rental Units by Size in Lynn

A large number of apartments in Lynn have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Lynn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,212 to $3,765. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,212
One BR $2,377
Two BR $2,827
Three BR $3,418
Four BR $3,765
2024 Fair Market Rents in Lynn, Massachusetts

How many units are rented at Fair Market Rent (FMR) in Lynn?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 869 48 percent
One BR 3,972 76 percent
Two BR 2,971 39 percent
Rental Units Below FMR in Lynn, Massachusetts

How many affordable rental units are in Lynn?

There are a variety of federal affordable housing programs serving households in Lynn, Massachusetts including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Lynn, Massachusetts

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lynn, Massachusetts

Lynn features 2,831 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Lynn, Massachusetts

There are 220 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lynn.

Housing Choice Vouchers in Lynn, Massachusetts

On average, Section 8 Housing Choice vouchers pay Lynn landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Lynn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lynn, Massachusetts for a two-bedroom apartment is between $2,544 and $3,110.

Sourced from federal housing data and AffordableHousingOnline.com research.

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