Average Rent in Lexington, MA

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Current Versus Historical Lexington, MA Rents

Lexington rentals average $2,372 for a 1-bedroom rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $5,425, or roughly $31 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $800 (-43.24%) year-over-year from $1,850 to $1,050. 1-bedroom rentals prices have decreased by $559 (-19.06%) year-over-year from $2,934 to $2,375. 2-bedroom rentals prices have increased by $16 (0.47%) year-over-year from $3,334 to $3,350. 3-bedroom rentals prices have increased by $468 (10.34%) year-over-year from $4,520 to $4,988. 4-bedroom rentals prices have decreased by $550 (-7.48%) year-over-year from $7,350 to $6,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 5.59% this month. 2-bedroom rents have gone up by 1.52% this month. 3-bedroom rents have gone up by 11.35% this month. 4-bedroom rents have gone up by 7.65% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $40.20 $2,375 $2,934 (-19.06%) $2,267 (4.78%)
2 BR $32.50 $3,350 $3,334 (0.47%) $3,217 (4.15%)
3 BR $31.16 $4,988 $4,520 (10.34%) $4,600 (8.42%)
4+ BR $28.56 $6,800 $7,350 (-7.48%) $6,550 (3.82%)

Historical Rents in Lexington, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lexington

There are a total of 11 cities nearby Lexington. The average rent in Lexington is currently $3,400 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Woburn, MA, with an average rent of $2,600, is the most affordable city nearby. In contrast, the most expensive city near Lexington, MA is Newton, MA. Monthly rents here are on average $3,975 per month.

Let's compare Lexington, MA's rent against other top cities nearby by bedroom size. One bedrooms are about 3.29% more affordable. Two bedrooms in Lexington, MA are about 4.48% more expensive. Finally, rent for three bedrooms are about 15.29% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Lexington, MA in the following table.
City Studio 1 Bed 2 Bed All
Woburn, MA $1,825 $2,100 $2,550 $2,600
Wakefield, MA $2,615 $2,715 $3,640 $2,895
Waltham, MA $2,000 $2,300 $3,000 $3,000
Watertown Town, MA $2,740 $2,398 $3,000 $3,200
Medford, MA $1,950 $2,400 $3,000 $3,300
Arlington, MA $2,150 $2,473 $2,900 $3,400
Somerville, MA $2,200 $2,875 $3,375 $3,700
Cambridge, MA $2,525 $3,063 $3,900 $3,850
Belmont, MA N/A $2,275 $3,200 $3,950
Newton, MA $1,800 $2,450 $3,200 $3,975

Top Neighborhoods Near Lexington

There are a total of 33 neighborhoods in or near Lexington. Some of these neighborhoods include South Side, Commonwealth, and Beacon Hill. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near Lexington, MA in the following table.

The average rent for these 30 neighborhoods in or near Lexington, MA is currently around $3,600 per month. A total of 33 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Lexington's average rent, which is actually $5,425. Out of all the neighborhoods in or near Lexington, South Side has the most affordable average rent at $2,913 per month. Whereas, at $4,750 average rent per month, Chinatown - Leather District is the most expensive neighborhood in or near Lexington. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Side, Waltham, MA $1,825 $2,400 $3,000 $2,913
Commonwealth, Boston, MA $2,000 $2,425 $2,950 $3,000
Beacon Hill, Boston, MA $2,475 $3,000 $3,998 $3,200
Uphams Corner - Jones Hill, Boston, MA $900 $2,400 $2,825 $3,200
Watertown West End, Watertown Town, MA N/A $2,300 $2,800 $3,200
Bank Square, Waltham, MA $2,000 $2,400 $3,491 $3,248
Brookline Village, Brookline, MA $2,500 $3,000 $3,600 $3,250
St. Elizabeth's, Boston, MA $2,000 $2,550 $3,550 $3,250
Mid-Cambridge, Cambridge, MA $2,500 $2,950 $3,600 $3,250
Back Bay, Boston, MA $2,500 $3,350 $5,375 $3,295
Jamaica Central - South Sumner, Boston, MA $1,650 $2,925 $3,350 $3,300
East Watertown, Watertown Town, MA $2,000 $2,450 $3,100 $3,300
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,500 $2,900 $3,850 $3,300
East Somerville, Somerville, MA $2,350 $2,625 $3,200 $3,398
South Medford, Medford, MA $1,950 $2,650 $3,000 $3,400
Oak Square, Boston, MA N/A $2,450 $3,200 $3,600
Neighborhood Nine, Cambridge, MA $2,425 $3,100 $4,250 $3,629
Sav-Mor, Boston, MA N/A $2,350 $2,600 $3,748
Mission Hill, Boston, MA $2,300 $3,195 $3,400 $3,800
South End, Boston, MA $2,510 $3,605 $4,600 $3,800
Riverside, Cambridge, MA $2,000 $3,200 $3,800 $3,800
Coolidge Corner, Brookline, MA $2,450 $3,000 $4,000 $3,800
North Allston, Boston, MA $2,700 $3,188 $3,825 $3,800
East Cambridge, Cambridge, MA $3,393 $3,375 $4,200 $3,853
Hyde Square, Boston, MA $2,498 $2,600 $3,225 $3,900
Wellington - Harrington, Cambridge, MA $2,050 $2,550 $3,400 $3,900
Washington Square, Brookline, MA $2,975 $3,000 $3,650 $3,963
Highland Park, Boston, MA N/A $2,800 $3,200 $3,995
West End, Boston, MA $2,902 $3,813 $5,155 $4,025
Cambridgeport, Cambridge, MA $2,525 $2,988 $4,000 $4,418

Top Counties Near Lexington

There are a total of 12 counties located by Lexington, MA. Some of these counties include Woburn, MA, Waltham, MA, and Watertown Town, MA. The average rent for rentals in these counties is $3,550. That's roughly around $34 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Woburn, MA. Its average rent per month is $2,600. Vice versa, with an average rent of $5,425, Lexington, MA is the most expensive county by Lexington, MA.

In comparison, rent for one bedroom listings in Lexington, MA is 2.23% more affordable than other counties nearby. Finally, rent for two bedrooms in Lexington, MA is 4.48% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Woburn, MA $1,825 $2,100 $2,550 $2,600
Waltham, MA $2,000 $2,300 $3,000 $3,000
Watertown Town, MA $2,740 $2,398 $3,000 $3,200
Medford, MA $1,950 $2,400 $3,000 $3,300
Arlington, MA $2,150 $2,473 $2,900 $3,400
Somerville, MA $2,200 $2,875 $3,375 $3,700
Cambridge, MA $2,525 $3,063 $3,900 $3,850
Belmont, MA N/A $2,275 $3,200 $3,950
Newton, MA $1,800 $2,450 $3,200 $3,975
Lexington, MA N/A $2,372 $3,350 $5,425

Top Zipcodes Near Lexington

There are a total of 16 zipcodes in or near Lexington, MA. The average rent for all of these zipcodes is $3,406. A total of 16 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 01801, Woburn, MA at $2,600 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 02129, Boston, MA.

Studios in these zipcodes have an average rent of $2,400. That's at least $67 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lexington, MA is $2,963 per month. Or in other words, $56 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,625 per month. Which comes out to $46 per sqft. The following table includes the top 10 zipcodes in Lexington, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02135, Boston, MA $2,100 $2,550 $3,200 $3,300
02215, Boston, MA $2,295 $2,950 $3,798 $3,363
02155, Medford, MA $1,950 $2,400 $3,000 $3,300
02453, Waltham, MA $1,825 $2,400 $3,025 $3,015
02116, Boston, MA $2,600 $3,300 $5,300 $3,450
02114, Boston, MA $2,585 $3,460 $4,455 $3,700
02472, Watertown Town, MA $2,740 $2,398 $3,000 $3,200
02138, Cambridge, MA $2,800 $3,000 $4,050 $3,640
02118, Boston, MA $2,500 $3,600 $4,200 $3,750
02148, Malden, MA $1,800 $2,100 $2,500 $2,625

Frequently Asked Questions - Lexington Average Rents

What is the average rent price in Lexington, MA?
The average monthly rental price for Lexington, MA apartments for rent is approximately $5,425. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lexington, MA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lexington, MA.
How much is a one bedroom apartment in Lexington, MA?
The average monthly rental price for one bedroom apartments is $2,372 and an average price per square feet of $40.20. There are a total of 5 one bedroom apartment listings currently available for rent in Lexington.
How much is a two bedroom apartment in Lexington, MA?
The average monthly rental price for two bedroom apartments is $3,350 and an average price per square feet of $32.50. There are a total of 5 two bedroom apartment listings currently available for rent in Lexington.
How have rent prices in Lexington, MA changed this year?
Rent prices for rentals in Lexington, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.43%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Lexington, MA?
A reasonable rent price in Lexington, MA is around $4,340/month. You can search for these reasonably priced rental listings on RentHop.
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