Rentometer, Inc. | Data as of 10/22/2025
Lexington, Massachusetts offers a vibrant rental market that blends historic charm with modern convenience. Prospective renters can choose from a variety of housing options, including contemporary apartments in the downtown corridor and spacious single‑family homes nestled near the town’s leafy neighborhoods. The city’s close proximity to major employment hubs, top‑rated schools, and cultural attractions such as the Lexington Battle Green and the historic Lexington Center makes it a sought‑after destination for professionals, families, and students alike.
Apartment rentals in Lexington reflect a healthy range of choices. One‑bedroom units typically command rents in the $2500s, while two‑bedroom apartments are found in the $4300 range. Larger three‑bedroom apartments often exceed $5000, providing ample space for growing households. Median rent figures indicate that many one‑bedroom tenants are paying around $3000, and two‑bedroom renters see median levels near $3900, underscoring the city’s balanced pricing for quality living spaces.
For those preferring a house, Lexington’s market includes attractive three‑bedroom homes with average rents around $5200 and median amounts close to $5500. Larger four‑plus bedroom properties command a premium, with average rents near $7700 and median levels around $6250, appealing to families seeking spacious, upscale environments. Between charming historic districts, vibrant retail corridors, and easy access to parks and public transportation, Lexington provides a diverse rental landscape that caters to a wide spectrum of lifestyle needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,487 | $3,025 | $1,379 - $3,485 | $1,400 - $3,145 |
| Apartment | 2 Bedroom | $4,280 | $3,877 | $3,475 - $5,590 | $3,775 - $5,285 |
| Apartment | 3 Bedroom | $5,013 | $4,808 | $4,455 - $5,980 | $4,465 - $5,980 |
| House | 3 Bedroom | $5,233 | $5,500 | $4,600 - $5,600 | $4,600 - $5,600 |
| House | 4+ Bedroom | $7,660 | $6,125 | $2,850 - $13,500 | $5,500 - $11,000 |
In the current period, the average rent in Lexington was $2,487 for 1 Bedroom, $4,019 for 2 Bedroom, $5,107 for 3 Bedroom, and $6,353 for 4+ Bedroom.
Data provided by Rentometer, Inc.