Apartments for Rent in The Acre, Lowell, MA

The Acre, Lowell apartment availability

The Acre neighborhood in Lowell offers a good selection of rental listings, with an average of nearly 20 apartments available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many apartments in The Acre feature desirable amenities, including in-unit laundry, hardwood floors, and dishwashers. Specifically, about 28% of apartments have in-unit laundry, 26% have hardwood floors, and 20% have dishwashers. With a range of options and amenities, The Acre is a great neighborhood to consider for renters looking for a new home in Lowell.

The Acre, Lowell rental market trends

The Acre in Lowell saw a slight decrease in average monthly rent in 2024, with a year-over-year drop of about 1.5% to $2,123. 1-bedrooms averaged $1,901 per month, a 6.8% decrease from the previous year, while 2-bedrooms rented for around $2,255, a 3.1% decrease. In contrast, 3-bedrooms experienced an 11.7% increase, averaging $2,442 per month. Studio apartments saw a significant surge, with a 147% increase to $1,575.

Rent prices in The Acre tend to fluctuate throughout the year, with September typically being the most expensive month, 15.2% higher than February, the month with the lowest average rent. If you're looking for a new apartment, February may be a good time to find a deal. On the other hand, if you're looking to rent out a property, September is likely to be the most lucrative month.

Why The Acre, Lowell is a great place to live

The Acre stands out as a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, apartments in The Acre often feature eco-friendly elements such as non-toxic paint, waste recycling, and low-flow fixtures, making it easier for residents to maintain a green lifestyle. The neighborhood's parks and recreation areas, community solar projects, and walk score also contribute to its high environmental sustainability score. Additionally, The Acre's social scene is enhanced by its street infrastructure, transit frequency, and neighborhood age distribution, making it a great spot for renters looking to connect with others and get around easily. With its strong focus on sustainability and community, The Acre is an attractive option for like-minded renters.