Lynn vs Medford: rent compared
As of May 2026, the average rent in Lynn is $2,354/month, $1,034 (31%) less than Medford at $3,388.
+$40 (+1.7%) yr/yr
+$140 (+4.3%) yr/yr
Five years of rent, side by side
Five years ago the gap was $678/mo; it has widened to $1,034 — the two markets have been pulling apart.
Recent months
| Month | Lynn | Medford | Difference |
|---|---|---|---|
| May 2026 | $2,354 | $3,388 | −$1,034 |
| April 2026 | $2,333 | $3,329 | −$996 |
| March 2026 | $2,324 | $3,288 | −$964 |
| February 2026 | $2,303 | $3,217 | −$914 |
| January 2026 | $2,288 | $3,188 | −$900 |
| December 2025 | $2,293 | $3,191 | −$898 |
"Difference" is the Lynn average minus the Medford average each month. Both series are Zillow ZORI on the same smoothed, market-rate basis, so they are directly comparable — typical observed rents across all home types, not asking prices or active listings.
What this means for renters
Lynn is the cheaper of the two by roughly $1,034/month, or about $12,408/year versus Medford. Remember these are typical rents across all home types — a specific 1- or 2-bedroom can land either side of the average.
Compare Lynn with other nearby cities
- Lynn vs Salem — $2,354 vs $2,717/mo
- Lynn vs Revere — $2,354 vs $2,809/mo
- Lynn vs Peabody — $2,354 vs $2,783/mo
- Lynn vs Saugus — $2,354 vs $2,944/mo
- Lynn vs Swampscott — $2,354 vs $2,694/mo
See the full Lynn-area ranking, the Lynn ZIP-code breakdown, or how we compute these figures.
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