Cheap Homes for Rent in Downtown Lexington Neighborhood of Lexington, MA from $2,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lexington area of Lexington.

5 Colonial Village Dr

11 Captain Parker Arms

129 Emerson Gardens 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.

100 Emerson Gardens Rd, Unit 100

134 Emerson Gardens Rd

991 Massachusetts Ave

1500 Massachusetts Ave, Unit 1

1500 Massachusetts Ave

8 Captain Parker Arms

83 Emerson Gardens Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

101 School St

101 School St
Downtown Lexington, Lexington, MA Local Guide

How much does it cost to rent a home in Downtown Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lexington 2 Bedroom Homes for Rent | $3,692 | $2,400 | $6,400 |
Downtown Lexington 3 Bedroom Homes for Rent | $4,470 | $3,400 | $6,550 |
Downtown Lexington 4 Bedroom Homes for Rent | $6,165 | $4,700 | $8,800 |
Downtown Lexington 5 Bedroom Homes for Rent | $13,123 | $4,990 | $10,000+ |
Downtown Lexington 6 Bedroom Homes for Rent | $26,750 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Lexington Neighborhood of Lexington, MA.
Explore Lexington
Downtown Lexington, Lexington, MA Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Brattle Drive Apartments priced from $2,100. Waltham Overlook has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,230. Here are the most affordable Downtown Lexington apartments for rent in Lexington, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brattle Drive Apartments | One Bedroom | 1BR,1BA | $2,100 |
Waltham Overlook | A1B | 1BR,1BA | $2,230 |
Tudor Glen Village | The Cherry | 1BR,1BA | $2,295 |
The Artemis at Arlington Heights | S1A | Studio,1BA | $2,452 |
Windsor Village at Waltham | The Dartmouth | 1BR,1BA | $2,470 |
Best Value Apartments for Rent in Downtown Lexington, MA
As of June 09, 2025 the best value apartment in the Downtown Lexington area is the $2.03 price per square foot 18 Forest St Model at 18 Forest St, Unit 2 in the in the Woodhaven neighborhood starting from $3,000. The second greatest value Downtown Lexington apartment is the 991 Massachusetts Ave Model at 991 Massachusetts Ave, Unit 1 starting at $3,180 with a $2.89 price per square foot in the Wellington Crossing 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. |
---|---|---|---|
18 Forest St, Unit 2 | 18 Forest St | 2BR,1BA | $2.03 |
991 Massachusetts Ave, Unit 1 | 991 Massachusetts Ave | 2BR,1BA | $2.89 |
The Tremont | Tb1 | 2BR,2BA | $3.08 |
Windsor Village at Waltham | The Faneuil | 2BR,1.5BA | $3.15 |
Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $3.24 |
Heritage at Stone Ridge | Bedford | 1BR,1BA | $3.33 |
9 Senator Rd, Unit #8 | 9 Senator Rd | 1BR,1BA | $3.07 |
Waltham Overlook | A1BR | 1BR,1BA | $3.40 |
Brattle Drive Apartments | One Bedroom | 1BR,1BA | $2.99 |
Tudor Glen Village | The Cherry | 1BR,1BA | $3.28 |
Quick 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.
Frequently Asked Questions about Downtown Lexington
What type of rentals are currently available in Downtown Lexington?
There are currently 47 Apartments for Rent in Downtown Lexington, MA with pricing that ranges from $1,650 to $9,311. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $2,400 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 $2,400 to $40,000 with an average monthly rent of $10,840.
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 $3,620 to $9,311, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $6,550. Four Bedroom Single-Family rentals are also available starting from $4,700 and Four Bedroom Apartments start at $5,575.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.