Lowell, MA Rental Market
Lowell is a historic mill city that has reinvented itself as a technology and healthcare hub, home to UMass Lowell's growing research university, Lowell General Hospital, and a significant defense technology corridor tied to Raytheon's and BAE Systems' Merrimack Valley operations. Its commuter rail connection to Boston's North Station in under an hour makes it an increasingly attractive lower-cost alternative for Boston-area workers priced out of the inner suburbs.
Get a rent estimate for an address in LowellAverage Rent in Lowell, MA
$1,750
per month · 2026-06
Market Score
Key Facts — Lowell, MA Rental Market
- Average rent in Lowell, MA:$1,750/mo
- Median rent:$1,610/mo
- Rent range:$875 – $3,850/mo
- Most common rental (2 bedrooms):$1,550/mo
- Active listings:520
- Avg days to lease:27 days
- Year-over-year change:+4.0%
- Median home value:$350,000
- Est. gross annual yield:6.0%
- Data as of:2026-06
Rent by Bedroom in Lowell, MA
Average monthly rent for each bedroom type based on current active listings in Lowell.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,250/mo |
2 Bedrooms | $1,550/mo |
3 Bedrooms | $1,950/mo |
4 Bedrooms | $2,425/mo |
5 Bedrooms | $2,775/mo |
Lowell Rental Market Statistics
Key indicators from the current Lowell, MA rental market.
520
Available now in Lowell
27
From list to lease
$1.37
Average across listings
1,275 sq ft
Typical rental size
$875 – $3,850
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Lowell, MA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$350,000
Typical purchase price in Lowell
Est. Gross Annual Yield
6.0%
Before expenses & vacancy
Avg Monthly Income
$1,750
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Lowell for a full cash-flow breakdown including all costs.
Lowell, MA Rental Market FAQ
Common questions about renting and investing in Lowell, MA.
What is the average rent in Lowell, MA?
The average rent in Lowell, MA is $1,750 per month as of 2026. One-bedroom apartments average $1,250/mo, two-bedrooms average $1,550/mo, and three-bedroom homes average $1,950/mo. The downtown and Belvidere neighborhoods near the commuter rail station and UMass Lowell campus see the strongest demand, while the Centralville and Highlands areas offer slightly more affordable options.
Is Lowell, MA a good place to invest in rental property?
Lowell offers a 6.0% estimated gross annual yield with 4.0% year-over-year rent growth — tied for the strongest in our Massachusetts coverage. UMass Lowell's expanding enrollment, Raytheon's defense technology operations, and Boston commuter demand via the MBTA Commuter Rail drive layered tenant demand. Median home values near $350,000 are substantially below the Boston metro average, providing better entry-point yield with meaningful appreciation potential.
How competitive is the Lowell, MA rental market?
Lowell has approximately 520 active listings and averages 27 days on market — a brisk pace driven by Boston commuter demand and UMass Lowell's growing student enrollment. The downtown Lowell neighborhood near the commuter rail station is the most competitive sub-market, with quality 1- and 2-bedroom units often leasing within a few days of listing to Boston-bound commuters. The August semester cycle adds additional demand pressure near campus.
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