Lexington, MA Rental Market Trends
What is the average rent in Lexington?
The average rent for an apartment in Lexington is $3,682. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Lexington, MA
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $3,682 | 1,169 sq. ft. |
What is the average apartment size in Lexington?
The average size for a Lexington, MA apartment is 1,169 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lexington, MA apartment rent ranges
Lexington, MA Occupied Housing Units
2,146 or 17% of the households in Lexington, MA are renter-occupied while 10,239 or 83% are owner-occupied.
Lexington, MA rent trends
How Lexington Compares to Other Cities
| State | Average Rent |
|---|---|
| Boston | $3,935 |
| Worcester | $1,973 |
| Cambridge | $3,742 |
| Fall River | $1,980 |
| Quincy | $2,781 |
| Somerville | $3,563 |
| Waltham | $3,199 |
| New Bedford | $1,984 |
| Lowell | $2,226 |
| Salem | $2,691 |
| Framingham | $2,384 |
| Arlington | $3,134 |
| Burlington | $2,903 |
| Saugus | $2,893 |
| Lynnfield | $3,067 |
| Swampscott | $3,124 |
| Lexington | $3,682 |
| Maynard | $3,121 |
| Reading | $3,022 |
| Stoneham | $2,620 |
| Wakefield | $2,613 |
Most Popular Apartments in Lexington
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Katahdin Woods
1 Katahdin Drive, Lexington, MA 02421| 1 BED | $3,050+ |
| 2 BEDS | $3,415+ |
| 3 BEDS | $5,925+ |
Franklin School Apartments
7 Stedman Road, Lexington, MA 02421| 1 BED | $1,650+ |
| 2 BEDS | $2,250+ |
| 3 BEDS | $2,725+ |