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Last updated September 18 2019 at 11:23 AM

28 1 Bedroom Apartments for rent in Lawrence, MA

Verified
Last updated September 25 at 05:47pm
The Acre
4 Units Available
305 Dutton Street
305 Dutton St, Lowell, MA
1 Bedroom
$1,400
Located along a canal with views of the city. Features open kitchen with breakfast bar and granite counters. Located in downtown close to public transportation, dog parks, and multiple cafes and restaurants like Tremonte Pizzeria.
Last updated September 18 at 02:27pm
Downtown Lowell
1 Unit Available
219 Central
219 Central Street, Lowell, MA
1 Bedroom
$1,500
808 sqft
Ready to move in! Downtown LOFT with high ceilings and natural light. Freshly remodeled/ painted loft in the revitalized Hamilton Canal district. Great value for a "downtown LOFT" pristine move in condition.
Last updated September 18 at 02:27pm
Downtown Lowell
1 Unit Available
200 Market
200 Market Street, Lowell, MA
1 Bedroom
$1,600
661 sqft
Contemporary single floor living. Desirable downtown location Canal Place 2 with canal views south facing unit. All new paint,and upgrades, polished concrete floors in bedroom and living room.
Last updated September 18 at 02:27pm
1 Unit Available
420-428 Boston Rd
420-428 Boston Road, Middlesex County, MA
1 Bedroom
$1,395
700 sqft
Available now! Spacious 1 bedroom/1 bathroom unit available in the heart of Billerica center. Central to shopping, restaurants, public transportation (both commuter rail and bus), and highway access, this unit is ideal for any commuter.

September 2019 Lawrence Rent Report

Welcome to the September 2019 Lawrence Rent Report. Lawrence rents declined over the past month. In this report, we'll evaluate trends in the Lawrence rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

September 2019 Lawrence Rent Report

Welcome to the September 2019 Lawrence Rent Report. Lawrence rents declined over the past month. In this report, we'll evaluate trends in the Lawrence rental market, including comparisons to cities throughout the metro, state, and nation.

Lawrence rents decline sharply over the past month

Lawrence rents have declined 1.0% over the past month, but have increased slightly by 1.7% in comparison to the same time last year. Currently, median rents in Lawrence stand at $1,430 for a one-bedroom apartment and $1,773 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in June. Lawrence's year-over-year rent growth lags the state average of 2.5%, but exceeds the national average of 1.5%.

    Rents rising across the Boston Metro

    Throughout the past year, rent increases have been occurring not just in the city of Lawrence, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Newton has seen the fastest rent growth in the metro, with a year-over-year increase of 4.5%. The median two-bedroom there costs $2,250, while one-bedrooms go for $1,814.
    • Lowell has the least expensive rents in the Boston metro, with a two-bedroom median of $1,555; rents were up 0.5% over the past month and 1.3% over the past year.
    • Cambridge has the most expensive rents of the largest cities in the Boston metro, with a two-bedroom median of $2,322; rents decreased 0.3% over the past month but were up 2.7% over the past year.

    Many large cities nationwide show more affordable rents compared to Lawrence

    As rents have increased slightly in Lawrence, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Lawrence is less affordable for renters.

    • Rents increased slightly in other cities across the state, with Massachusetts as a whole logging rent growth of 2.5% over the past year. For example, rents have grown by 1.3% in Worcester.
    • Lawrence's median two-bedroom rent of $1,773 is above the national average of $1,191. Nationwide, rents have grown by 1.5% over the past year compared to the 1.7% increase in Lawrence.
    • While Lawrence's rents rose slightly over the past year, many cities nationwide also saw increases, including New York (+1.7%), Atlanta (+1.6%), and DC (+1.5%).
    • Renters will generally find more expensive prices in Lawrence than most large cities. For example, Philadelphia has a median 2BR rent of $1,180, where Lawrence is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Boston
    $1,730
    $2,150
    -0.1%
    2.2%
    Lowell
    $1,250
    $1,560
    0.5%
    1.3%
    Cambridge
    $1,870
    $2,320
    -0.3%
    2.7%
    Brockton
    $1,280
    $1,590
    2.3%
    0.5%
    Quincy
    $1,570
    $1,950
    0.3%
    4.2%
    Newton
    $1,810
    $2,250
    -1.3%
    4.5%
    Lawrence
    $1,430
    $1,770
    -1%
    1.7%
    Somerville
    $1,750
    $2,160
    -0.2%
    2.8%
    Framingham
    $1,550
    $1,930
    0.2%
    2.2%
    Haverhill
    $1,270
    $1,570
    0.3%
    3.5%
    Waltham
    $1,790
    $2,210
    -0.6%
    3.3%
    Malden
    $1,490
    $1,850
    0.1%
    2.5%
    Brookline
    $2,110
    $2,620
    -1.1%
    1.6%
    Medford
    $1,840
    $2,280
    1.6%
    4.6%
    Revere
    $1,460
    $1,810
    1.2%
    5%
    Peabody
    $1,520
    $1,880
    -1.7%
    4.1%
    Salem
    $1,440
    $1,790
    -0.4%
    3.2%
    Beverly
    $1,320
    $1,630
    -1.6%
    0.6%
    Marlborough
    $1,360
    $1,710
    0.2%
    7.9%
    Woburn
    $1,610
    $1,990
    -0.9%
    2.2%
    Chelsea
    $1,640
    $2,030
    -1.7%
    4.7%
    Melrose
    $1,560
    $1,930
    2%
    10.1%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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