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Rental Market Trends in Lexington, MA

Updated July 2026

The average rent in Lexington, MA is $2,872/month.

Rent in Lexington is 73% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,872/month

Average Rent

896 Sq Ft

Average Size

+3.4%

Change / Year

275

Available Apartments

Lexington rent varies by unit size and layout:

  • Studio apartments in Lexington average per month.
  • One-bedroom apartments in Lexington average $2,872 per month.
  • Two-bedroom apartments in Lexington average $3,681 per month.
  • Three-bedroom apartments in Lexington average $4,609 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,872/month
896 Sq Ft
Two Bedroom
$3,681/month
1,209 Sq Ft
Three Bedroom
$4,609/month
1,419 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$4,450/month
1,584 Sq Ft
Four Bedroom
$8,742/month
3,760 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,016/month
953 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,578/month
1,179 Sq Ft
View Lexington Apartments

How much has average rent changed in Lexington, MA?

In the past year, rent has increased by 3.4%, which averages out to $97 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lexington, MA

July 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

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lexington?

Based on current rent prices, Follen Heights and North Lexington" are the most affordable neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Follen Heights
$3,210/month
931 Sq Ft
North Lexington
$3,210/month
806 Sq Ft

What are the most expensive neighborhoods in Lexington?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Follen Heights
$3,210/month
931 Sq Ft
North Lexington
$3,210/month
806 Sq Ft

Which Lexington neighborhoods have the most rentals available?

The neighborhoods in Lexington with the most apartments available are North Lexington and Follen Heights" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Lexington
$3,210/month
806 Sq Ft
Follen Heights
$3,210/month
931 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 $2,872, you’ll want to make about $9,573 per month or $114,876 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

275 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.

View the Lexington Area Guide

Apartment Averages

Follen Heights

Lexington, MA

Follen Heights

Lexington, MA

Studio
-
-
One Bedroom
$2,968/month
$2,968/month
Two Bedroom
$3,898/month
$3,898/month
Three Bedroom
$5,247/month
$5,247/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Arlington

    Arlington

  • Winchester

    Winchester

  • Burlington

    Burlington

  • Waltham

    Waltham

  • Belmont

    Belmont

  • Woburn

    Woburn

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

Studio - 3 Beds | $2,560 - $4,485

Briar Glen Village

Briar Glen Village

45 Kings Way,
Waltham, MA 02451

2 Beds | $3,295 - $3,595

Avalon at Lexington Hills

Avalon at Lexington Hills

1000 Main Campus Dr,
Lexington, MA 02421

1-3 Beds | $3,070 - $5,855

Katahdin Woods

Katahdin Woods

1 Katahdin Dr,
Lexington, MA 02421

1-3 Beds | $2,803 - $3,726

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Frequently Asked Questions

What is the average rent in Lexington?

The average rent in Lexington is $2,872 per month, which is 72.7% higher than the national average of $1,663.

What is the average rent for a house in Lexington?

The average rent for a house in Lexington, MA is $4,450 per month.

What is the average rent for a townhome in Lexington?

The average rent for a townhome in Lexington, MA is $3,578 per month.

Are rents going up or down in Lexington?

Rents in Lexington, MA are increasing, with prices up 3.4% year-over-year and $97 more per month.

What rent range is most common in Lexington?

In Lexington, MA, 86% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity