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5+ Days Ago

Highlights

  • Air conditioning
  • Off-street parking
  • Vinyl plank flooring
  • Laundry on premises

Location

550 Walnut St, Lynn, MA 01905, USA
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Property Overview

550 Walnut Street is a highly rated rental option with an overall Zumper Expert Rating of 8.6/10, highlighted by exceptional price value (10/10), strong amenities (9/10), excellent location convenience (9/10), and solid trustworthiness (8/10). Renters benefit from air conditioning, off-street parking, vinyl plank flooring, and on-site laundry, along with strong value for money and top-tier value per square foot compared with nearby properties. The property also provides 11 photos to help set clear expectations, and everyday needs like groceries are within a reasonable driving distance.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 550 Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 550 Walnut 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.

Things you’ll love

  • Less expensive
  • Dishwasher
  • Images Available

Floor plans

1BR/1.0BA1 bed1 bath584 sqftJust minutes from Rt. 1 and easy access to public transportation! Secure brick building, vinyl plank flooring, air conditioning, laundry on premises, appliances, off-street parking for 1 vehicle. Hot water included! Tenant pays electric. SORRY, NO PETS. * PARKING FOR 1 CAR ONLY *
2BR/1.0BA2 bed1 bath817 sqft2 Bedroom/1 Bath, just minutes from Rt. 1 and easy access to public transportation! Secure brick building, w/vinyl plank flooring, appliances, air conditioning, laundry on premises, off-street parking, includes hot water. Tenant pays electric. Includes 1 assigned tandem off-street parking spot for 2 vehicles. SORRY, NO PETS.

Let's explore this property.

Amenities for 550 Walnut Street

Apartment Amenities

Hot Water

Appliances

DishwasherElectric Stove
Garbage DisposalRange
RefrigeratorStove

Services

Trash Removal
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

Not allowed

Cat Policy

Not allowed

No pets allowed.

Building details

Property details

Units22
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About 550 Walnut Street

HomeApartments in Lynn 550 Walnut Street

Just minutes from Rt. 1 and easy access to public transportation! Secure brick building, wall to wall, air conditioning, laundry on premises, appliances, off-street parking, includes hot water. No pets.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 550 Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 550 Walnut 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.
How we rated 550 Walnut Street
Price·10A 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.
550 Walnut Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
550 Walnut Street goes above and beyond to provide sought-after conveniences and desirable perks, including garbage disposal. Renters looking for popular or luxurious features will find them here—and for that reason, 550 Walnut Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
550 Walnut 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 550 Walnut 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.
550 Walnut 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.

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 550 Walnut Street compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

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Rent trends in Lynn

Median rents as of Jun 20 2026.
Lynn
A table of studio rental data trends in Lynn
MonthMedian Rent
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
February 2026$1,618
March 2026$1,650
April 2026$1,737
May 2026$1,767
June 2026$1,699

Schools near 550 Walnut Street

Julia F. Callahan Elementary School

200 o'callaghan way

lynn, MA, 1905

PK, K-5Public
C

Fallon Elementary School

100 robinson st

lynn, MA, 1905

1-5Public
C

Belmonte STEAM Academy

25 dow st

saugus, MA, 1906

2-5Public
B-

Early Childhood Center

90 commercial st

lynn, MA, 1905

PKPublic

Lynn Vocational Technical Institute

80 neptune blvd

lynn, MA, 1902

PK, K-12Public
C+
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Internet available near 550 Walnut Street

Getting around Lynn near 550 Walnut St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 550 Walnut St, Lynn

Groceries

3/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

10/10
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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