Rent by ZIP · Essex County
Rent in Lynnfield, MA 01940
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,420 (+5.2% vs FY2026). Renters in this ZIP code pay a median $2,676 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,770 | $2,610 | +6.1% | $2,493–3,047 | – |
| 1 bedroom | $2,860 | $2,740 | +4.4% | $2,574–3,146 | $2,655 ±$461 |
| 2 bedrooms | $3,420 | $3,250 | +5.2% | $3,078–3,762 | $2,680 ±$193 |
| 3 bedrooms | $4,070 | $3,900 | +4.4% | $3,663–4,477 | $3,500+ |
| 4 bedrooms | $4,490 | $4,300 | +4.4% | $4,041–4,939 | – |
Small Area FMRs for the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, 2 bedrooms: $3,008. This county is split into more than one HUD area.
What renters pay in 01940
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 01938 | Ipswich | $2,650 | $1,618 |
| 01944 | Manchester | $2,660 | – |
| 01945 | Marblehead | $2,650 | $1,815 |
| 01949 | Middleton | $2,650 | – |
| 01930 | Gloucester | $2,650 | $1,580 |
| 01950 | Newburyport | $2,650 | $1,775 |
Fair Market Rents across Essex County, MA · All MA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.