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Loft Five50 1 of 8

Loft Five50

$1,740/mo

  • 2 bedrooms
  • 2 baths
  • 996–1,400 sq ft
  • 2 units available
  • Pet friendly
550 Broadway, Lawrence, MA, 01841

As of October 14, 2026, Loft Five50 in Lawrence, MA has 2 apartments for rent at $1,740/mo. The average asking rent has risen 5.1% since August 7, 2026, from $1,655 to $1,740.


Floor plans

Loft Five50 has 2 units available in 1 floor plan: a two-bedroom layout (996–1,400 sq ft). Prices checked October 14, 2026.

2 Bedroom

2 Bedrooms • 2 Baths • 996 – 1,400 Sq Ft

Starting at $1,740/mo

2 available unitsPriceSq ftAvailableOpen unit
241$1,740996Sep 4
305$1,7401,400Sep 4

See all 4 units listed at Loft Five50, including ones no longer available.


Cost to rent here

At Loft Five50, a two-bedroom starts at about $1,882 a month all-in: $1,740 rent and an estimated $142 for internet, renters insurance, and laundry.

All-in from$1,882/mo

Estimates are local averages, not quotes from the property.Included in rent: Utilities

Can you afford it?

Most landlords ask for a monthly income of about 3× the rent, so qualifying at Loft Five50 takes about $62,640 a year for a two-bedroom. Keeping the $1,882 all-in month for a two-bedroom within 35% of take-home pay takes an income of about $85,300 a year.

Total monthly housing cost

$1,882/mo

Income to afford it comfortably

$85,300/yr

Income to qualify

$62,640/yr

Your estimated budget

Suggested rent budget, 2 bedrooms

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Rent history

Over the past 3 months, the average asking rent at Loft Five50 has ranged from $1,655 to $1,740. The current average is $1,740, the highest in the past 3 months.

Prices reflect the average advertised rent across units listed as available each day (63 days observed).

Fees & lease terms

At Loft Five50, the security deposit is $500 and leases run 12 months.

  • Rent

    $1,740/mo
  • Security deposit

    $500
  • Lease term

    12 months
  • Earliest move-in

    Sep 4

Amenities

Loft Five50 is pet friendly and has a laundry room on site. It lists 25 amenities, including fitness center, air conditioning, and walk-in closets.

  • 24-Hour Emergency Maintenance

  • Community Room

  • Controlled-Access Entry

  • Fitness Center

  • Kid`S Playroom

  • On-Site Laundry Center

  • On-Site Recycling Program

  • Pet Friendly Community

  • Public Transportation Accessible

  • Theater

  • Wi-Fi Lounge

  • Air Conditioning

  • Bonus Room/Den*

  • Breakfast Bar

  • Ceiling Fans

  • Exposed Brick

  • Exposed Wood Beam Ceilings

  • Fully Equipped Kitchens With Energy Star Appliances

  • Historic Renovation

  • Loft Style

  • Open Concept Layouts

  • Skylights

  • Smoke Free Living

  • Some Utilities Included

  • Walk-In Closets


Amenity photos

  • Gym

Location

550 Broadway, Lawrence, MA, 01841


Resident reviews

Loft Five50 has a 4.2 out of 5 rating from resident reviews. Residents rate maintenance (5.0) and management (4.4) highest and building quality (1.5) lowest.

4.2
Overall rating
Positive
Mixed
Neutral
Negative
Management4.4
Maintenance5.0
Location3.5
Amenities and Shared Spaces1.5
Building Quality1.5
Overall40 reviews

Residents consistently praise the spacious apartments, responsive maintenance service, and helpful office staff. The property offers good location convenience and affordable pricing. However, some residents have experienced issues with pest control, parking policies, and occasional building maintenance concerns in common areas.

Management and office staff are consistently responsive and attentive to resident concerns, with leasing and administrative staff noted for professionalism and availability. Maintenance requests are handled promptly and thoroughly. Staff demonstrate respect and active listening when addressing resident issues, contributing to positive long-term satisfaction.

Maintenance staff consistently respond quickly to repair requests, including emergency calls and routine work orders for plumbing, appliances, and electrical issues. Residents report professional and courteous service, with maintenance personnel demonstrating expertise in resolving problems efficiently. Work order follow-through appears reliable based on resident feedback.

The property offers strong location convenience with nearby access to stores, transit, restaurants, and medical facilities. However, one resident reported confusion regarding income qualification requirements, noting a discrepancy between online information stating income-based eligibility and in-person guidance from management about income multiples.

This property experienced maintenance and common-area upkeep challenges during the reviewer's final year of residency. Issues included vehicle break-ins affecting multiple residents, pest infestation in units and common areas, hallway cleanliness concerns, and a trash chute fire incident. Management was noted as responsive to maintenance requests.

This review reports a decline in building conditions during the final year of residency, including pest issues, hallway cleanliness concerns, and a trash chute fire incident. Management was noted as responsive to maintenance requests. The review suggests neighbor conduct may have contributed to some conditions.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Loft Five50 is very walkable and not bikeable, and transit is minimal.

Walking
Very walkable
Grade B
Transit
Minimal
Grade F
Biking
Not bikeable
Grade F

Climate and air quality

Air quality near Loft Five50 was good on 236 of the past 365 days, and at its worst in July (average AQI 56, moderate). Daily highs averaged 83°F in July, the warmest month, and lows averaged 15°F in February, the coldest.

Air quality

236 good-air days

of the past 365

: Good, AQI 38

Temperature

83° / 15°

average July high / February low

: 70° high, 49° low

Pollen

None

Oct 14–18 forecast

Tree: none, grass: none, weed: none

MonthAverage highAverage lowAverage AQIGood-air days
January32°F17°F42 (good)25 of 31
February33°F15°F53 (moderate)10 of 28
March48°F29°F49 (good)18 of 31
April57°F39°F47 (good)20 of 30
May67°F50°F49 (good)18 of 31
June80°F60°F52 (moderate)13 of 30
July83°F64°F56 (moderate)7 of 31
August82°F65°F48 (good)20 of 31
September70°F56°F38 (good)28 of 30
October62°F46°F37 (good)28 of 31
November48°F34°F39 (good)25 of 30
December34°F19°F42 (good)24 of 31
Daily readings from Oct 15, 2025 to Oct 14, 2026. The pollen chart shows typical US seasons.

About this property

Loft Five50 is a 75-unit building in Lawrence, MA.

Come to a home you deserve located in Lawrence, MA. Loft Five50 has everything you need . Call (978) 681-1555 today!

  • Building

    Apartment · Market, Affordable, Adaptive Reuse
  • Total units

    75

Nearby schools

The closest school to Loft Five50 is Rise Academy, a public high school less than 0.1 miles away.

SchoolTypeLevelDistance

Rise Academy

Public · High
PublicHigh0.1 mi

Community Day Arlington

Public · Elementary
PublicElementary0.2 mi

Arlington Middle School

Public · Middle
PublicMiddle0.2 mi

John K Tarbox School

Public · Elementary
PublicElementary0.4 mi

Central Catholic High School

Private · High
PrivateHigh0.4 mi

Lawrence Family Development Charter School

Charter · Middle
CharterMiddle0.6 mi

L'davinci Child Care Center

Private · Preschool
PrivatePreschool0.6 mi

Lawlor Early Childhood Center

Public · Elementary
PublicElementary0.6 mi

School For Exceptional Studies

Public · High
PublicHigh0.8 mi

Francis M Leahy Elementary School

Public · Elementary
PublicElementary0.8 mi

Contact & management

Loft Five50 is managed by WinnCompanies. The leasing office's phone number is (978) 681-1555.


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