Average Rent in Lexington, MA

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Current Versus Historical Lexington, MA Rents

Lexington rentals average $2,150 for a 1-bedroom rental to $5,900 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $30 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $883 (-45.69%) year-over-year from $1,933 to $1,050. 1-bedroom rentals prices have decreased by $852 (-28.38%) year-over-year from $3,002 to $2,150. 2-bedroom rentals prices have decreased by $795 (-20.95%) year-over-year from $3,795 to $3,000. 3-bedroom rentals prices have increased by $1 (0.02%) year-over-year from $4,499 to $4,500. 4-bedroom rentals prices have decreased by $808 (-12.56%) year-over-year from $6,433 to $5,625. 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 5.15% this month. 2-bedroom rents have gone down by 6.98% this month. 3-bedroom rents have gone down by 7.38% this month. 4-bedroom rents have gone down by 0.74% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$46.80	$2,150	$3,002 (-28.38%)	$2,600 (-17.31%)
2 BR	$31.61	$3,000	$3,795 (-20.95%)	$3,092 (-2.96%)
3 BR	$29.73	$4,500	$4,499 (0.02%)	$4,117 (9.31%)
4+ BR	$28.66	$5,625	$6,433 (-12.56%)	$6,225 (-9.64%)

Historical Rents in Lexington, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lexington

There are a total of 9 cities nearby Lexington. The average rent in Lexington is currently $3,200 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Waltham, MA, with an average rent of $2,895, is the most affordable city nearby. In contrast, the most expensive city near Lexington, MA is Brookline, MA. Monthly rents here are on average $3,800 per month.

Let's compare Lexington, MA's rent against other top cities nearby by bedroom size. One bedrooms are about 16.28% more affordable. Two bedrooms in Lexington, MA are about 6.45% more expensive. Finally, rent for three bedrooms are about 21.67% more expensive. Want more information? Check out the top 9 cities near Lexington, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Waltham, MA	$1,800	$2,273	$2,800	$2,895
Wakefield, MA	$2,665	$2,738	$3,355	$2,963
Watertown Town, MA	$2,675	$2,500	$2,800	$2,995
Arlington, MA	$1,825	$2,200	$2,900	$3,200
Medford, MA	$1,925	$2,250	$2,800	$3,200
Somerville, MA	$2,450	$2,600	$3,050	$3,373
Cambridge, MA	$2,475	$2,863	$3,500	$3,500
Newton, MA	$2,050	$2,250	$2,875	$3,650
Brookline, MA	$2,200	$2,863	$3,800	$3,800

Top Neighborhoods Near Lexington

There are a total of 14 neighborhoods in or near Lexington. Some of these neighborhoods include Commonwealth, Mission Hill, and Fenway - Kenmore - Audubon Circle - Longwood. We've included all of these top 14 neighborhoods in or near Lexington, MA in the following table.

The average rent for these 14 neighborhoods in or near Lexington, MA is currently around $3,188 per month. A total of 14 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Lexington's average rent, which is actually $4,500. Out of all the neighborhoods in or near Lexington, Commonwealth has the most affordable average rent at $2,700 per month. Whereas, at $3,800 average rent per month, South End is the most expensive neighborhood in or near Lexington. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$2,000	$2,200	$2,700	$2,700
Mission Hill, Boston, MA	$2,350	$2,300	$2,800	$2,950
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,200	$2,900	$3,400	$2,995
Oak Square, Boston, MA	$1,950	$2,200	$2,825	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,100	$2,800	$3,000
Beacon Hill, Boston, MA	$2,500	$2,925	$3,950	$3,100
St. Elizabeth's, Boston, MA	$1,800	$2,363	$3,300	$3,150
Washington Square, Brookline, MA	$2,200	$2,800	$3,300	$3,225
South Medford, Medford, MA	$1,950	$2,700	$2,700	$3,275
East Cambridge, Cambridge, MA	$2,823	$3,300	$3,935	$3,600
West End, Boston, MA	$2,750	$3,300	$4,440	$3,635
Back Bay, Boston, MA	$2,500	$3,475	$5,025	$3,700
Coolidge Corner, Brookline, MA	$2,000	$2,988	$3,675	$3,750
South End, Boston, MA	$2,525	$3,350	$4,275	$3,800

Top Counties Near Lexington

There are a total of 10 counties located by Lexington, MA. Some of these counties include Waltham, MA, Wakefield, MA, and Watertown Town, MA. The average rent for rentals in these counties is $3,286. That's roughly around $32 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Waltham, MA. Its average rent per month is $2,895. Vice versa, with an average rent of $4,500, Lexington, MA is the most expensive county by Lexington, MA.

In comparison, rent for one bedroom listings in Lexington, MA is 10.99% more affordable than other counties nearby. Finally, rent for two bedrooms in Lexington, MA is 4.03% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Waltham, MA	$1,800	$2,273	$2,800	$2,895
Wakefield, MA	$2,665	$2,738	$3,355	$2,963
Watertown Town, MA	$2,675	$2,500	$2,800	$2,995
Arlington, MA	$1,825	$2,200	$2,900	$3,200
Medford, MA	$1,925	$2,250	$2,800	$3,200
Somerville, MA	$2,450	$2,600	$3,050	$3,373
Cambridge, MA	$2,475	$2,863	$3,500	$3,500
Newton, MA	$2,050	$2,250	$2,875	$3,650
Brookline, MA	$2,200	$2,863	$3,800	$3,800
Lexington, MA	N/A	$2,150	$3,100	$4,500

Top Zipcodes Near Lexington

There are a total of 13 zipcodes in or near Lexington, MA. The average rent for all of these zipcodes is $3,350. A total of 13 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02148, Malden, MA at $2,600 per month. In comparison, the zipcode with the most expensive average rent of $3,900 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $2,350. That's at least $65 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lexington, MA is $2,625 per month. Or in other words, $46 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $44 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	$1,963	$2,275	$2,775	$2,988
02215, Boston, MA	$2,200	$2,900	$3,600	$2,988
02155, Medford, MA	$1,925	$2,250	$2,800	$3,200
02453, Waltham, MA	$1,800	$2,300	$2,900	$2,814
02116, Boston, MA	$2,500	$3,538	$5,500	$3,900
02114, Boston, MA	$2,585	$3,165	$4,435	$3,548
02138, Cambridge, MA	$2,350	$2,625	$3,600	$3,350
02118, Boston, MA	$2,650	$3,330	$4,100	$3,675
02472, Watertown Town, MA	$2,675	$2,500	$2,800	$2,995
02115, Boston, MA	$2,700	$3,000	$4,075	$3,400

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 $4,500. 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 $2,150 and an average price per square feet of $46.80. There are a total of 2 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 $3,100 and an average price per square feet of $31.61. There are a total of 13 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 -0.46%, one bedroom rental prices have changed by -0.28%, two bedroom rental prices have changed by -0.21%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Lexington, MA?

A reasonable rent price in Lexington, MA is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.