Cheap Homes for Rent in Downtown Lexington Neighborhood of Lexington, MA from $3,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lexington area of Lexington.

11 Captain Parker Arms

21 Captain Parker Arms

29 Captain Parker Arms

46 Lowell St, Unit 2

46 Lowell St

27 Shirley St
Downtown Lexington, Lexington, MA Local Guide

How much does it cost to rent a home in Downtown Lexington?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
Downtown Lexington 2 Bedroom Homes for Rent | $4,243 | $3,000 | $6,375 |
Downtown Lexington 3 Bedroom Homes for Rent | $4,258 | $3,700 | $4,600 |
Downtown Lexington 4 Bedroom Homes for Rent | $6,334 | $5,500 | $7,500 |
Downtown Lexington 5 Bedroom Homes for Rent | $9,909 | $5,100 | $10,000+ |
Downtown Lexington 6 Bedroom Homes for Rent | $22,550 | $5,100 | $10,000+ |
Downtown Lexington 7 Bedroom Homes for Rent | $6,800 | $6,800 | $6,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, MA.
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Downtown Lexington, Lexington, MA Local Guide
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Cheapest Available Downtown Lexington Apartments for Rent
 The cheapest available apartment rental in the Downtown Lexington area of Lexington, MA is a 1 Bed unit found at Seven Springs priced from $2,790. Battle Green Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,200. Here are the most affordable Downtown Lexington apartments for rent in Lexington, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Seven Springs | A4 One Bedroom Townhouse | 1BR,1BA | $2,790 |
Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $3,200 |
Captain Parker Arms | 3 Bedroom / 2 Bath | 3BR,1BA | $3,800 |
Best Value Apartments for Rent in Downtown Lexington, MA
As of September 11, 2025 the best value apartment in the Downtown Lexington area is the $0.20 price per square foot 80 Bow St Model at 80 Bow St, Unit 2 in the in the Rock Meadow neighborhood starting from $2,000. The second greatest value Downtown Lexington apartment is the 3 Bedroom / 2 Bath Model at Captain Parker Arms starting at $3,800 with a $2.83 price per square foot in the Woodhaven neighborhood. Here is today’s list of the best values for Downtown Lexington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
80 Bow St, Unit 2 | 80 Bow St | 1BR,2BA | $0.20 |
Captain Parker Arms | 3 Bedroom / 2 Bath | 3BR,1BA | $2.83 |
Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $3.14 |
52 Pleasant St, Unit #2 | 52 Pleasant St | 4BR,2BA | $4.00 |
Seven Springs | A2 One Bedroom Townhouse | 1BR,1BA | $3.92 |
4 Colonial Village Dr, Unit 4 | 4 Colonial Village Dr | 1BR,1BA | $3.31 |
28 Muzzey St, Unit 28B | 28 Muzzey St | Studio ,1BA | $5.65 |
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Pet Friendly LifestyleDowntown Lexington, Lexington, MA
Ranked #9
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Lexington, Lexington, MA
School data provided by Great Schools
Frequently Asked Questions about Downtown Lexington
What type of rentals are currently available in Downtown Lexington?
There are currently 28 Apartments for Rent in Downtown Lexington, MA with pricing that ranges from $2,000 to $4,400. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $3,000 to $40,000.
What is the current price range for Rental Homes in Downtown Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lexington ranges from $3,000 to $40,000 with an average monthly rent of $9,015.
How much are larger Three and Four Bedroom Rentals in Downtown Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lexington range from $4,400 to $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,700 to $4,600. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $3,995.
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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.