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Homes & Apartments for Rent in Lexington, MA 02421

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What to Know About

Life in Lexington & Beyond

Lexington shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Lexington, MA

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As of November 2026, Lexington's rental market is stable, with rentals spending about 30 days on the market, faster than in Massachusetts (32), and rents down 1.0% over the past year. Lexington's average rent is 8.5% ($276) higher than the Massachusetts average of $3,233 and 72.3% ($1,473) higher than the U.S. average of $2,036.

Average Rent
$3,509
Monthly ChangeMonth Over Month Change
Decreased0.32% ($11)
Yearly ChangeYear Over Year Change
Decreased1.0% ($34)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $3,030 Decreased0.12% ($4) Decreased1.3% ($40)
2 Beds $3,431 Decreased0.39% ($13) Decreased0.8% ($27)
3 Beds $5,247 Decreased0.68% ($36) Decreased1.0% ($55)
Nearby Cities Average Rent Avg. Rent vs. LexingtonAverage Rent vs. Lexington Days on Market
Burlington $3,081 Decreased12.2% ($428) 33 days
Arlington $3,129 Decreased10.8% ($380) 32 days
Winchester $3,576 Increased1.9% ($67) 33 days
Bedford $3,500 Decreased0.3% ($9) 32 days
Woburn $3,056 Decreased12.9% ($453) 33 days
Based on rentals advertised on RentalSource in and around Lexington.
Frequently Asked Questions
Lexington Rental Market FAQs

Explore rental prices, market conditions, and affordability in Lexington, MA.

The average rent in Lexington, MA is about $3,509 per month.
In Lexington, the average rent is about $3,030 per month for a 1-bedroom home, $3,431 for a 2-bedroom home and about $5,247 for a 3-bedroom home.
The average rent in Lexington is 72.3% ($1,473) higher than the national average of $2,036 per month.
The rental market in Lexington, MA is currently stable, with rentals spending about 30 days on the market, faster than in Massachusetts (32), and rents down 1.0% over the past year.
Based on the current averages, a household would need an annual income of $137,200 to comfortably afford a 2-bedroom home in Lexington.
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