Average Rent in Lexington, MA

Home » MA » Lexington

Current Versus Historical Lexington, MA Rents

Lexington rentals average $2,500 for a 1-bedroom rental to $6,600 for a 4-bedroom rental. The median price of all currently available listings is $4,800, or roughly $31 per square feet.

For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $1,039 (-49.73%) year-over-year from $2,089 to $1,050. 1-bedroom rentals prices have decreased by $478 (-16.04%) year-over-year from $2,978 to $2,500. 2-bedroom rentals prices have decreased by $1,004 (-22.93%) year-over-year from $4,379 to $3,375. 3-bedroom rentals prices have increased by $17 (0.36%) year-over-year from $4,683 to $4,700. 4-bedroom rentals prices have decreased by $383 (-5.65%) year-over-year from $6,783 to $6,400. 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 2.91% this month. 2-bedroom rents have gone down by 1.70% this month. 3-bedroom rents have gone down by 1.40% this month. 4-bedroom rents have gone down by 2.04% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$37.74	$2,500	$2,978 (-16.04%)	$2,158 (15.87%)
2 BR	$33.24	$3,375	$4,379 (-22.93%)	$3,383 (-0.25%)
3 BR	$30.58	$4,700	$4,683 (0.36%)	$4,400 (6.82%)
4+ BR	$28.51	$6,400	$6,783 (-5.65%)	$5,567 (14.97%)

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 $3,200 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 $2,375, is the most affordable city nearby. In contrast, the most expensive city near Lexington, MA is Newton, MA. Monthly rents here are on average $3,850 per month.

Let's compare Lexington, MA's rent against other top cities nearby by bedroom size. One bedrooms are about 0.50% more affordable. Two bedrooms in Lexington, MA are about 12.03% more expensive. Finally, rent for three bedrooms are about 17.39% 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	N/A	$2,000	$2,500	$2,375
Waltham, MA	$1,975	$2,300	$2,800	$2,900
Wakefield, MA	$2,703	$2,625	$3,380	$2,975
Watertown Town, MA	$2,955	$2,513	$2,900	$3,000
Belmont, MA	N/A	$2,700	$2,850	$3,200
Medford, MA	$1,975	$2,198	$2,925	$3,200
Arlington, MA	$1,950	$2,300	$2,925	$3,298
Somerville, MA	$2,200	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,948	$3,600	$3,550
Newton, MA	$1,975	$2,425	$3,000	$3,850

Top Neighborhoods Near Lexington

There are a total of 27 neighborhoods in or near Lexington. Some of these neighborhoods include Commonwealth, South Side, and St. Elizabeth's. We've included all of these top 27 neighborhoods in or near Lexington, MA in the following table.

The average rent for these 27 neighborhoods in or near Lexington, MA is currently around $3,300 per month. A total of 27 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Lexington's average rent, which is actually $4,800. Out of all the neighborhoods in or near Lexington, Commonwealth has the most affordable average rent at $2,775 per month. Whereas, at $3,900 average rent per month, Brookline Village 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	$2,250	$2,800	$2,775
South Side, Waltham, MA	$1,800	$2,200	$2,950	$2,925
St. Elizabeth's, Boston, MA	$2,000	$2,400	$3,000	$2,950
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,400	$2,800	$3,945	$2,995
Beacon Hill, Boston, MA	$2,480	$2,975	$3,950	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,800	$2,850	$3,000
East Watertown, Watertown Town, MA	N/A	$2,373	$2,925	$3,025
Washington Park, Boston, MA	N/A	$2,313	$2,800	$3,100
East Somerville, Somerville, MA	$2,450	$2,500	$3,050	$3,100
Newton Corner, Newton, MA	$2,983	$2,600	$2,900	$3,200
Jamaica Central - South Sumner, Boston, MA	$1,650	$2,875	$3,200	$3,200
Ten Hills, Somerville, MA	$1,850	$2,600	$3,050	$3,200
Oak Square, Boston, MA	$2,200	$2,500	$2,800	$3,200
Neighborhood Nine, Cambridge, MA	$2,500	$2,915	$3,690	$3,300
North Allston, Boston, MA	N/A	$2,850	$3,350	$3,383
Mid-Cambridge, Cambridge, MA	$2,225	$2,850	$3,500	$3,400
Back Bay, Boston, MA	$2,495	$3,400	$4,800	$3,425
Mission Hill, Boston, MA	$1,738	$3,075	$3,100	$3,495
Hyde Square, Boston, MA	$2,800	$2,900	$2,900	$3,500
Coolidge Corner, Brookline, MA	$2,300	$2,775	$3,900	$3,500
South Medford, Medford, MA	N/A	$2,100	$3,000	$3,538
Ward Two, Somerville, MA	N/A	$2,600	$3,475	$3,550
West End, Boston, MA	$2,960	$3,415	$4,780	$3,720
East Cambridge, Cambridge, MA	$3,340	$3,300	$4,227	$3,730
Washington Square, Brookline, MA	$1,995	$2,500	$3,750	$3,800
South End, Boston, MA	$2,300	$3,325	$4,200	$3,800
Brookline Village, Brookline, MA	$2,475	$2,600	$3,800	$3,900

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 $3,249. That's roughly around $33 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 $2,375. Vice versa, with an average rent of $4,800, Lexington, MA is the most expensive county by Lexington, MA.

In comparison, rent for one bedroom listings in Lexington, MA is 0.25% more affordable than other counties nearby. Finally, rent for two bedrooms in Lexington, MA is 10.90% 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	N/A	$2,000	$2,500	$2,375
Waltham, MA	$1,975	$2,300	$2,800	$2,900
Watertown Town, MA	$2,955	$2,513	$2,900	$3,000
Belmont, MA	N/A	$2,700	$2,850	$3,200
Medford, MA	$1,975	$2,198	$2,925	$3,200
Arlington, MA	$1,950	$2,300	$2,925	$3,298
Somerville, MA	$2,200	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,948	$3,600	$3,550
Newton, MA	$1,975	$2,425	$3,000	$3,850
Lexington, MA	N/A	$2,500	$3,325	$4,800

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 $3,300. 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 $2,375 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 02129, Boston, MA.

Studios in these zipcodes have an average rent of $2,186. 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 $2,775 per month. Or in other words, $55 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,450 per month. Which comes out to $43 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	$2,000	$2,400	$2,850	$2,900
02215, Boston, MA	$2,300	$2,842	$4,000	$3,038
02155, Medford, MA	$1,975	$2,198	$2,925	$3,200
02453, Waltham, MA	$1,800	$2,350	$2,950	$2,970
02116, Boston, MA	$2,498	$3,500	$5,250	$3,600
02114, Boston, MA	$2,575	$3,350	$4,500	$3,550
02138, Cambridge, MA	$2,500	$2,800	$3,600	$3,450
02118, Boston, MA	$2,173	$3,250	$4,000	$3,800
02472, Watertown Town, MA	$2,955	$2,513	$2,900	$3,000
02115, Boston, MA	$2,450	$2,900	$3,975	$3,125

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 $4,800. 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 $2,500 and an average price per square feet of $37.74. There are a total of 1 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 $3,325 and an average price per square feet of $33.24. There are a total of 18 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 -0.50%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.23%, 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 $3,840/month. You can search for these reasonably priced rental listings on RentHop.