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168 Apartments for rent in Lexington, MA

Read Guide >
Last updated August 16 at 1:18pm UTC
Battle Green Apartments
42 Worthen Road
Lexington, MA
Updated June 29 at 1:51am UTC
1 Bedroom
$2,100
2 Bedrooms
$2,600
127 Lowell St
East Lexington
Lexington, MA
Updated August 11 at 6:51pm UTC
5 Bedrooms
$7,000
5 Colonial Village Dr
Arlington Heights
Arlington, MA
Updated August 6 at 10:04pm UTC
2 Bedrooms
$1,800
Results within 1 miles of Lexington, MA
278 South Road
, MA
Updated July 19 at 10:34am UTC
2 Bedrooms
$1,500
Results within 5 miles of Lexington, MA
66 simonds
North Lexington
Lexington, MA
Updated August 5 at 9:52pm UTC
3 Bedrooms
$3,000
25 Wachusett Dr
Prospect Hill
Lexington, MA
Updated July 6 at 7:16am UTC
4 Bedrooms
$2,900
City Guide
Lexington
Tips for Renting in Lexington

The homes in Lexington are set in idyllic locations, and there is a wide variety of styles, catering to a range of clientele, from the brick Georgian houses near Pheasant Brook Estates to the the early 1800s Massachusetts Avenue farmhouses. No matter the type of rental housing you prefer, there's something to please everyone's tastes. What follows are a few tips to help you score your dream apartment.

List your priorities: It’s easier to pick a neighborhood when you have a strong idea of what you want. Before you do anything else, make a list of every “must have” and “would like to have” so that you have a strong starting point for your search. Also look into the transportation system and the traffic density in the area.

Round up the neighborhoods: There are many resources online to help you find that perfect neighborhood, but it doesn't hurt to get a second opinion from friends or potential neighbors, especially if you’re an out-of-towner. Look for information on local attractions, community life, parks, and recreation. But most of all, narrow your search down to a locality that fits into your lifestyle and interests.

Check them out in person: Once you've listed your top choices, it pays to visit in person (anyone who's bought something blind off of Craigslist knows what we're talking about). Check out the apartment at different times of the day to study traffic patterns, talk to people about what they like or dislike about the neighborhood, and take note of nearby grocery stores and other amenities.

Lexington Neighborhoods

While it may be a little difficult to determine which neighborhood you should choose, you can’t really go wrong with any of the Lexington areas. Each of them has their own unique personality and charm. Here's a quick description and relative price guide to your choices:

Turning Mill: Turning Hill is rampant with contemporary style homes. The area sees a high demand for rental properties.

Woodhaven/Concord Avenue: With a diverse range of housing options and a lot of art galleries and museums here, this area is highly desirable.

Countryside: Countryside is located near the Winchester/Woburn line. This neighborhood has a relaxed charm about it and ranks high on the "walkability" meter.

Life in Lexington

At the heart of Lexington is the town center, where you will find a plethora of dining, shopping, and entertainment options, from an adorable independent movie theater to a gourmet ice cream shop to a fabulous pizzeria. A host of fine art galleries can be found all over town for those looking to satiate their cultural diet. In a town alive and kickin' with tradition, the residents of Lexington are proud of their local arts and heritage. Apart from selling the freshest produce, the vibrant Lexington Farmers' Market also hosts a number of local artisans selling handicrafts, such as jewelry and ceramics.

Immerse yourself in the old world charm and and present-day poshness that defines this historic place!

August 2018 Lexington Rent Report

Welcome to the August 2018 Lexington Rent Report. Lexington rents increased over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to cities throughout the state and nation.

View full Lexington Rent Report
Rent Report
Lexington

August 2018 Lexington Rent Report

Welcome to the August 2018 Lexington Rent Report. Lexington rents increased over the past month. In this report, we'll evaluate trends in the Lexington rental market, including comparisons to cities throughout the state and nation.

Lexington rents increase sharply over the past month

Lexington rents have increased 0.9% over the past month, and are up moderately by 2.5% in comparison to the same time last year. Currently, median rents in Lexington stand at $3,270 for a one-bedroom apartment and $4,060 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in December of last year. Lexington's year-over-year rent growth leads the state and national averages, which both stand at 1.2%.

Rents rising across cities in Massachusetts

Throughout the past year, rent increases have been occurring not just in the city of Lexington, but across the entire state. Of the largest 10 cities that we have data for in Massachusetts, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Newton is the most expensive of all Massachusetts' major cities, with a median two-bedroom rent of $2,330; of the 10 largest cities in Massachusetts that we have data for, Lowell and Brockton, where two-bedrooms go for $1,530 and $1,640, are the only two major cities in the state to see rents fall year-over-year (-1.3% and -0.5%).
  • Haverhill, Newton, and Lawrence have all experienced year-over-year growth above the state average (4.6%, 2.0%, and 1.9%, respectively).

Many large cities nationwide show more affordable rents compared to Lexington

As rents have increased moderately in Lexington, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Lexington is less affordable for renters.

  • Lexington's median two-bedroom rent of $4,060 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.5% rise in Lexington.
  • While Lexington's rents rose moderately over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will generally find more expensive prices in Lexington than most large cities. For example, Detroit has a median 2BR rent of $890, where Lexington is more than four-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.