Rentometer, Inc. | Data as of 10/22/2025
Lowell’s vibrant rental market offers a diverse mix of apartments and single‑family homes that cater to students, professionals, and families alike. Apartment options span from modern studios in the bustling downtown core—where the average rent sits in the $1,700 range—to spacious three‑ and four‑plus bedroom units that command prices in the $2,700–$3,000 bracket. Those seeking the comfort of a house will find two‑bedroom homes priced around the $1,800 mark, while larger three‑ and four‑plus bedroom houses trend toward the $3,000 range, reflecting the city’s strong demand for family‑friendly accommodations.
The city’s historic Riverwalk district, Lowell National Historical Park, and the vibrant arts scene around the Merrimack River provide renters with a lively cultural backdrop. Proximity to the University of Massachusetts Lowell and a growing tech corridor makes the area especially appealing to students and young professionals, who often favor conveniently located apartments near downtown cafés, co‑working spaces, and public transit. Meanwhile, neighborhoods such as Pawtucketville and East Lowell offer quieter streets and larger homes, attracting families looking for more space without sacrificing access to city amenities.
Overall, the Lowell rental landscape balances affordability with variety. Whether you're drawn to a sleek studio in the heart of the city or a spacious house in a leafy suburb, the market’s range of price points—from the $1,600–$1,900 median for one‑bedroom apartments to the $3,000 median for larger homes—ensures there’s a suitable option for most budgets. With ongoing development and a strong sense of community, Lowell remains a compelling destination for renters across Massachusetts.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,691 | $1,663 | $1,400 - $2,268 | $1,597 - $1,745 |
Apartment | 1 Bedroom | $1,887 | $1,850 | $1,200 - $2,918 | $1,450 - $2,228 |
Apartment | 2 Bedroom | $2,403 | $2,449 | $850 - $3,322 | $2,000 - $2,995 |
Apartment | 3 Bedroom | $2,755 | $2,650 | $1,100 - $3,955 | $1,913 - $3,694 |
Apartment | 4+ Bedroom | $2,610 | $2,700 | $1,110 - $3,950 | $2,200 - $3,000 |
House | 2 Bedroom | $1,783 | $1,700 | $1,150 - $2,500 | $1,150 - $2,500 |
House | 3 Bedroom | $3,067 | $2,925 | $2,250 - $4,500 | $2,700 - $3,250 |
House | 4+ Bedroom | $3,073 | $3,200 | $2,500 - $3,500 | $2,900 - $3,300 |
In the current period, the average rent in Lowell was $1,692 for Studio, $1,887 for 1 Bedroom, $2,378 for 2 Bedroom, $2,912 for 3 Bedroom, and $2,866 for 4+ Bedroom.
Data provided by Rentometer, Inc.