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Rental Market Trends in Lexington, MA

What is the average rent in Lexington, MA?

$3,004/month

Average Rent

893 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of June 2025, the average rent in Lexington, MA is $3,004 per month. This is 85% higher than the national average rent price of $1,627/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, $3,004 for a one-bedroom apartment, and around $3,755 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,676 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,004/month
893 Sq Ft
Two Bedroom
$3,755/month
1,212 Sq Ft
Three Bedroom
$4,676/month
1,419 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,584/month
1,731 Sq Ft
Four Bedroom
$8,901/month
3,479 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,306/month
412 Sq Ft
Two Bedroom
$2,913/month
751 Sq Ft
Three Bedroom
$3,357/month
1,150 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,101/month
1,646 Sq Ft

How much has average rent changed in Lexington, MA?

In the past year, rent has increased by 1.3%, which averages out to $40 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lexington, MA
Last Updated June 2025
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, North Lexington and Follen Heights are the most affordable neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 2
$3,183/month
852 Sq Ft
North Lexington
$3,336/month
808 Sq Ft
Follen Heights
$3,524/month
904 Sq Ft

What are the most expensive neighborhoods in Lexington?

Based on current rent prices, Follen Heights, North Lexington and Route 2 are the most expensive neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Follen Heights
$3,524/month
904 Sq Ft
North Lexington
$3,336/month
808 Sq Ft
Route 2
$3,183/month
852 Sq Ft

Which Lexington neighborhoods have the most rentals available?

The neighborhoods in Lexington with the most apartments available are Route 2, North Lexington and Follen Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Route 2
$3,183/month
852 Sq Ft
North Lexington
$3,336/month
808 Sq Ft
Follen Heights
$3,524/month
904 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 $3,004, you’ll want to make about $10,013 per month or $120,156 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

415 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

Follen Heights

Lexington, MA

Studio
$2,089/month
-
One Bedroom
$2,524/month
$3,133/month
Two Bedroom
$3,166/month
$4,037/month
Three Bedroom
$3,939/month
$4,804/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

Briar Glen Village

Briar Glen Village

45 Kings Way,
Waltham, MA 02451

2 Beds | $3,295 - $3,495

Katahdin Woods

Katahdin Woods

1 Katahdin Dr,
Lexington, MA 02421

1-3 Beds | $2,550 - $9,311

The Ridge

The Ridge

55 Ridge Ln,
Waltham, MA 02452

1-2 Beds | $2,982 - $9,729

Seven Springs

Seven Springs

1 Seven Springs Ln,
Burlington, MA 01803

1-3 Beds | $2,995 - $4,226

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity