5+ Days Ago
Highlights
Pet Friendly
- On site laundry
- Off street parking
Location
505 Chatham St, Lynn, MA 01902, USA
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Property Overview
Chatham Street has received a Zumper expert rating of 8 out of 10, indicating it is an excellent choice for renters, complemented by a high price rating of 9 for its competitive balance of value and amenities. The property features notable amenities like on-site laundry and off-street parking, and a prime location with a 9 out of 10 rating, ensuring residents have easy access to popular points of interest and nearby top-rated schools. Additionally, it maintains a trustworthiness rating of 7, showcasing its commitment to transparency and quality.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby
Great for
Pet owners
Floor plans
| 2 Bed Chatham | 2 bed | 1 bath | $2,650 /mo | 1 unit available | 2 bedroom 1 bath available in a multi unit building in Lynn MA. This unit is $2650 per month. The landlord is responsible for heat, and hot water. The tenant is responsible for the gas and electricity of this unit. There is laundry on site in the building. Off street parking is available. Application needed for move in process: proof of income, we run credit and rental history. Move-in costs include security deposit and first month rent. |
Let's explore this property.
Amenities for Chatham Street
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 12 |
|---|
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About Chatham Street
2 bedroom 1 bath available in a multi unit building in Lynn MA. This unit is $2650 per month. The landlord is responsible for heat, and hot water. The tenant is responsible for the gas and electricity of this unit. There is laundry on site in the building. Off street parking is available. Application needed for move in process: proof of income, we run credit and rental history. Move-in costs include security deposit and first month rent.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, Chatham Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Chatham Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Chatham Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Chatham Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Chatham Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Chatham Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Chatham Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Chatham Street is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Chatham Street compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Lynn
2-bedroom apartments at Chatham Street cost about 6% more than the average rent price for 2-bedroom apartments in Lynn.
Median rents as of Jan 31 2026.
Lynn
| Month | Median Rent |
|---|---|
| February 2024 | $1,775 |
| March 2024 | $1,750 |
| April 2024 | $1,747 |
| May 2024 | $1,666 |
| June 2024 | $1,975 |
| July 2024 | $1,956 |
| August 2024 | $1,807 |
| September 2024 | $1,675 |
| October 2024 | $1,612 |
| November 2024 | $1,597 |
| December 2024 | $1,550 |
| January 2025 | $1,550 |
| February 2025 | $1,693 |
| March 2025 | $1,847 |
| April 2025 | $1,850 |
| May 2025 | $1,854 |
| June 2025 | $1,855 |
| July 2025 | $1,854 |
| August 2025 | $1,777 |
| September 2025 | $1,579 |
| October 2025 | $1,578 |
| November 2025 | $1,596 |
| December 2025 | $1,590 |
| January 2026 | $1,599 |
Affordability calculator
Can I afford to live at 505 Chatham St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$106,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $106,000 annually to afford this 2-bedrooms monthly rent price of $2,650.
For more information on rent affordability, visit our rent calculator.
Schools near Chatham Street
Hood Elementary School
24 oakwood ave
lynn, MA, 1902
PK, K-5Public
C-
Lynn Vocational Technical Institute
80 neptune blvd
lynn, MA, 1902
PK, K-12Public
C+
Fallon Elementary School
100 robinson st
lynn, MA, 1905
1-5Public
C
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Internet available near Chatham Street
Getting around Lynn near 505 Chatham St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 505 Chatham St, Lynn
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Few or no bars within walking distance
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