50 Apartments under 1200 for rent in Lowell, MA

Last updated September 22 at 10:50AM
Results within 1 miles of Lowell, MA
19 Subway Avenue
, MA
Updated September 14 at 10:24AM
1 Bedroom
$900
Results within 10 miles of Lowell, MA
587 Haverhill Street
Tower Hill
Lawrence, MA
Updated September 22 at 10:06AM
1 Bedroom
$975
11 King Street
North Wilmington
Wilmington, MA
Updated September 22 at 10:50AM
3 Bedrooms
$1,000
Results within 20 miles of Lowell, MA
52 Willard Street
Ayer
Ayer, MA
Updated September 17 at 6:02PM
2 Bedrooms
$1,100
167 Pine St
Kalivas-Union
Manchester, NH
Updated September 17 at 9:19AM
3 Bedrooms
$1,000
14 Forest Street
Ayer
Ayer, MA
Updated August 15 at 5:29AM
1 Bedroom
$950
25 Glenwood North Rd
, NH
Updated September 21 at 1:38AM
1 Bedroom
$1,100
42 West Main Street
Ayer
Ayer, MA
Updated September 20 at 10:34AM
1 Bedroom
$825
97 Bridge Street
Downtown Manchester
Manchester, NH
Updated September 21 at 2:26AM
1 Bedroom
$750
8 Storer Court
Derry
Derry, NH
Updated September 17 at 1:47AM
1 Bedroom
$950
142 Circle Road
Southside
Manchester, NH
Updated September 8 at 3:05AM
1 Bedroom
$1,100
125 Littleton Rd
Ayer
Ayer, MA
Updated September 21 at 5:43PM
1 Bedroom
$1,125
98 Powers Street
Milford
Milford, NH
Updated September 19 at 2:12AM
2 Bedrooms
$1,169
23 Bradlee St
Codman Square - East Codman Hill
Boston, MA
Updated August 25 at 1:39AM
Studio
$700
Main St
Marlborough Junction
Marlborough, MA
Updated September 10 at 7:42AM
Studio
$875
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Rent Report
Lowell

September 2017 Lowell Rent Report

Welcome to the September 2017 Lowell Rent Report. Lowell rents declined over the past month. In this report, we'll evaluate trends in the Lowell rental market, including comparisons to cities throughout the metro and nation.

Lowell rents declined over the past month

Lowell rents have declined 1.0% over the past month, but have increased moderately by 4.0% in comparison to the same time last year. Currently, median rents in Lowell stand at $1,240 for a one-bedroom apartment and $1,530 for a two-bedroom. Lowell's year-over-year rent growth leads the state average of 3.8%, as well as the national average of 3.0%.

Rents rising across the Boston Metro

Throughout the past year, rent increases have been occurring not just in the city of Lowell, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Somerville has seen the fastest rent growth in the metro, with a year-over-year increase of 8.0%. The median two-bedroom there costs $2,110, while one-bedrooms go for $1,700.
  • Over the past year, Marlborough is the only city in the metro that has seen rents fall, with a decline of 2.9%. Median two-bedrooms there cost $1,510, while one-bedrooms go for $1,200.
  • Brookline has the most expensive rents of the largest cities in the Boston metro, with a two-bedroom median of $2,630; rents fell 0.3% over the past month but rose 4.0% over the past year.
  • Haverhill has the least expensive rents in the Boston metro, with a two-bedroom median of $1,460; rents grew 0.8% over the past month and 2.3% over the past year.

Many large cities nationwide show more affordable rents compared to Lowell

As rents have increased in Lowell, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Lowell is less affordable for renters.

  • Massachusetts as a whole has logged 3.8% year-over-year growth, while rents across other cities throughout the state have seen varying trends.
  • Lowell's median two-bedroom rent of $1,530 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.0% increase in Lowell.
  • While Lowell's rents rose over the past year, some cities nationwide saw decreases, including DC (-0.5%) and Miami (-0.4%).
  • Renters will generally find more expensive prices in Lowell than most large cities. For example, Philadelphia has a median 2BR rent of $1,170.

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 $1,690 $2,090 0.2% 2.3%
Lowell $1,240 $1,530 -1.0% 4.0%
Cambridge $1,820 $2,260 1.0% 3.3%
Quincy $1,500 $1,860 0.5% 1.9%
Somerville $1,700 $2,110 0.5% 8.0%
Framingham $1,490 $1,850 -0.1% 0.8%
Haverhill $1,180 $1,460 0.8% 2.3%
Waltham $1,710 $2,110 -0.7% 3.1%
Brookline $2,120 $2,630 -0.3% 4.0%
Marlborough $1,200 $1,510 -0.9% -2.9%

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.