Multi-family Foreclosures in Lowell, MA

Current Market Conditions in Lowell, MA

In recent months, Lowell's real estate market has shown signs of increasing demand, with home prices steadily rising. The city’s affordability compared to neighboring Boston has drawn interest from first-time homebuyers and young professionals. Properties in desirable neighborhoods like Belvidere have been in high demand, leading to a competitive market environment.

Rental properties are also experiencing upward pressure as the demand for housing continues to grow, driven by the influx of students and young professionals. As Lowell continues to develop its infrastructure and community amenities, the market is expected to remain robust.

Rent Prices In Lowell, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lowell, MA, is on a rollercoaster ride. The average rent price in Lowell, MA, is $1,690.00. Indeed, when looking to rent in Lowell, MA, you can expect to pay as little as $930.00 or as much as $3,700.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Lowell, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.