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Rental Market Trends in Lexington, MA

What is the average rent in Lexington, MA?

$2,704/month

Average Rent

896 Sq Ft

Average Apartment Size

-10.2%

Decrease in the Last Year

As of January 2026, the average rent in Lexington, MA is $2,704 per month. This is 67% higher than the national average rent price of $1,624/month, making Lexington one of the most expensive cities in the US. When you rent an apartment in Lexington, you can expect to pay about per month for a studio, $2,704 for a one-bedroom apartment, and around $3,489 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,480 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,704/month
896 Sq Ft
Two Bedroom
$3,489/month
1,212 Sq Ft
Three Bedroom
$4,480/month
1,419 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$10,553/month
4,059 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,700/month
2,906 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,940/month
1,060 Sq Ft

How much has average rent changed in Lexington, MA?

In the past year, rent has decreased by 10.2%, which averages out to $275 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lexington, MA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lexington, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
14% $1,501 - $2,000/month
86% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lexington?

Based on current rent prices, Route 2 is the most affordable neighborhood in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 2
$2,786/month
786 Sq Ft

What are the most expensive neighborhoods in Lexington?

Based on current rent prices, Route 2 is the most expensive neighborhood in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 2
$2,786/month
786 Sq Ft

Which Lexington neighborhoods have the most rentals available?

The neighborhood in Lexington with the most apartments available is Route 2 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 2
$2,786/month
786 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lexington, MA?

Because the average rent in Lexington is $2,704, you’ll want to make about $9,013 per month or $108,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lexington, MA

264 Available Apartments for Rent

Search for Nearby Apartments

How does Lexington, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Lexington, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lexington, MA

Apartment Averages

Route 2

Lexington, MA

Route 2

Lexington, MA

Studio
$2,130/month
$2,130/month
One Bedroom
$2,406/month
$2,406/month
Two Bedroom
$3,030/month
$3,030/month
Three Bedroom
$3,779/month
$3,779/month
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Nearby City Rent Trends

  • Arlington Average Rent
  • Winchester Average Rent
  • Burlington Average Rent
  • Waltham Average Rent
  • Belmont Average Rent
  • Woburn Average Rent

Apartment communities in Lexington we think you'll love

The Artemis at Arlington Heights

The Artemis at Arlington Heights

1163 Massachusetts Ave,
Arlington, MA 02476

$2,252 - $4,950 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Briar Glen Village

Briar Glen Village

45 Kings Way,
Waltham, MA 02451

$2,595 - $4,995 Plus Fees

1-3 Beds

Katahdin Woods

Katahdin Woods

1 Katahdin Dr,
Lexington, MA 02421

$2,857 - $6,088 Total Monthly Price

1-3 Beds

Avalon at Lexington

Avalon at Lexington

100 Lexington Ridge Dr,
Lexington, MA 02421

$3,007 - $4,204 Total Monthly Price

1-3 Beds

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United States Massachusetts Lexington Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity