The Artemis at Arlington Heights
1163 Massachusetts Ave,
Arlington, MA 02476
Studio - 3 Beds | $2,452 - $4,925
Rental Market Trends in Lexington, MA
What is the average rent in Lexington, MA?
$2,857/month
Average Rent
896 Sq Ft
Average Apartment Size
-2.7%
Decrease in the Last Year
As of February 2025, the average rent in Lexington, MA is $2,857 per month. This is 83% higher than the national average rent price of $1,557/month, making Lexington one of the most expensive cities in the US. When you rent an apartment in Lexington, you can expect to pay about per month for a studio, $2,857 for a one-bedroom apartment, and around $3,694 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,788 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Lexington, MA?
In the past year, rent has decreased by 2.7%, which averages out to $76 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Lexington, MA
Last Updated February 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
86%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lexington?
Based on current rent prices, Downtown Lexington, Prospect Hill Lexington and Route 2 are the most affordable neighborhoods in Lexington.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lexington?
Based on current rent prices, Follen Heights, North Lexington and Route 2 are the most expensive neighborhoods in Lexington.
Neighborhood
Average Rent
Average Sq Ft
Which Lexington neighborhoods have the most rentals available?
The neighborhoods in Lexington with the most apartments available are Route 2, Follen Heights and North Lexington .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lexington, MA?
Because the average rent in Lexington is $2,857, you’ll want to make about $9,523 per month or $114,276 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Lexington, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Lexington, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$2,403/month
$2,939/month
Two Bedroom
$2,972/month
$3,887/month
Three Bedroom
$3,800/month
$4,789/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.