Cheap Apartments for Rent in Lexington, MA from $1,200 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.

840-846 Massachusetts Ave

Brattle Drive Apartments

Lord Baron Apartments

7 Old Colony Ln

Old Colony Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
57 Prospect St, Unit 57 Prospect St Apt. B

10 Beaver Brook Rd

109 Trapelo Rd

Total Monthly Price
11 Brattle St, Unit apt 3

85 Trapelo Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4 Old Colony Ln

Total Monthly Price
Waltham Overlook

Tudor Glen Village

Total Monthly Price
4 Colonial Village Dr, Unit 4

146 Hibbert St

898 Massachusetts Ave

8 Menotomy Rd

Furnished Studio-Boston - Burlington
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

GlenBrook Estates

50 Cambridge Rd

Total Monthly Price
The Artemis at Arlington Heights
Explore Like a Local: The Insider's Guide to Boston
Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.
Lexington, MA Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Price | Cheapest Price | Highest Price | 
|---|---|---|---|
| Cheap Lexington Studio Apartments | $2,236 | $1,200 | $3,111 | 
| Cheap Lexington 1 Bedroom Apartments | $2,813 | $1,900 | $3,761 | 
| Cheap Lexington 2 Bedroom Apartments | $3,510 | $2,195 | $5,310 | 
| Cheap Lexington 3 Bedroom Apartments | $3,991 | $2,600 | $5,523 | 
| Cheap Lexington 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 | 
Browse Top Apartments in Lexington
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Lexington, MA Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lexington, MA
Pricing Updated: 10/31/2025Current apartment rentals in the Lexington, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units | 
|---|---|---|---|
| Downtown Lexington | $4,000 | $2,200 | 22 | 
| Route 2 | $7,100 | $1,175 | 727 | 
Cheapest Available Lexington Apartments for Rent
 The cheapest available apartment rental in Lexington, MA is a Studio unit found at 840-846 Massachusetts Ave in the Arlington Center neighborhood priced from $1,200. Old Colony Apartments in the Rock Meadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| 840-846 Massachusetts Ave | 840 - Studio | Studio,1BA | $1,200 | 
| Old Colony Apartments | Studio | Studio,1BA | $1,850 | 
| Brookside Apartments | A1 | 1BR,1BA | $2,150 | 
| Tudor Glen Village | The Cherry | 1BR,1BA | $2,195 | 
| J.E. Furnished Apartments of Waltham | Furnished Studio | Studio,1BA | $2,325 | 
| Shaker Glen Village | Elm | 2BR,1BA | $2,395 | 
| Sanctuary Winchester West | A3 | 1BR,1BA | $2,437 | 
| Windsor Village at Waltham | The Dartmouth | 1BR,1BA | $2,480 | 
Best Value Apartments for Rent in Lexington, MA
As of October 31, 2025 the best value apartment in the Lexington area is the $0.33 price per square foot 48 Moulton Rd Model at 48 Moulton Rd, Unit 2 in the in the Rock Meadow neighborhood starting from $3,300. The second greatest value Lexington apartment is the 18 Moulton Rd Model at 18 Moulton Rd, Unit 2 starting at $2,600 with a $1.92 price per square foot in the Rock Meadow neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| 48 Moulton Rd, Unit 2 | 48 Moulton Rd | 3BR,2BA | $0.33 | 
| 18 Moulton Rd, Unit 2 | 18 Moulton Rd | 3BR,1BA | $1.92 | 
| 31 Captain Parker Arms, Unit 2 | 31 Captain Parker Arms | 3BR,2BA | $3.08 | 
| 25 Laurel St, Unit 25 Laurel St. | 25 Laurel St | 2BR,1BA | $2.64 | 
| Windsor Village at Waltham | The Faneuil | 2BR,1.5BA | $3.12 | 
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.85 | 
| Shaker Glen Village | Elm | 2BR,1BA | $2.82 | 
| Tudor Glen Village | The Cherry | 1BR,1BA | $3.14 | 
| 840-846 Massachusetts Ave | 846 - 1 Bedroom | 1BR,1BA | $2.72 | 
| Brookside Apartments | A1 | 1BR,1BA | $3.20 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleBoston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lexington, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, MA Rentals by Map
See the most popular apartments and homes in Lexington, MA
Getting Around Lexington, MA
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lexington Apartments
What is a cheap apartment in Lexington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lexington is under $2,480.
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is 840-846 Massachusetts Ave which is listed at $1,900, while the average apartment in Lexington costs $5,550.
What types of apartments are the cheapest in Lexington?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 109 regular apartments in Lexington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lexington?
Cheap apartments in Lexington have an average cost of $414 which is $5,136 cheaper than the average rent for all rentals in Lexington.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.













