
Cheap Homes for Rent in the Downtown Lexington Neighborhood of Lexington, MA from $2,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lexington area of Lexington.


186 Bedford St, Unit 1

3 Colonial Village Dr, Unit 10

22 Bedford St

32 Worthen Rd, Unit A4
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

17 Captain Parker Arms, Unit 14

29 Vaille Ave, Unit 29

30 Captain Parker Arms, Unit 2

8 Captain Parker Arms, Unit 2

132 Emerson Gardens Rd
Rent According to Income: A Look at Income-Restricted Rentals
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56 Emerson Gardens Rd
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 | $3,256 | $2,400 | $4,250 |
| Downtown Lexington 3 Bedroom Homes for Rent | $4,525 | $3,500 | $6,000 |
| Downtown Lexington 4 Bedroom Homes for Rent | $6,285 | $4,750 | $8,100 |
| Downtown Lexington 5 Bedroom Homes for Rent | $11,860 | $7,500 | $10,000+ |
| Downtown Lexington 6 Bedroom Homes for Rent | $12,600 | $9,800 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Captain Parker Arms priced from $2,500. Battle Green Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,950. Here are the most affordable Downtown Lexington apartments for rent in Lexington, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $2,500 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2,950 |
| Seven Springs | A3 One Bedroom | 1BR,1BA | $3,095 |
Best Value Apartments for Rent in Downtown Lexington, MA
As of July 27, 2026 the best value apartment in the Downtown Lexington area is the $2.89 price per square foot 2 Bed 2 Bath Model at Battle Green Apartments in the in the Woodhaven neighborhood starting from $2,950. The second greatest value Downtown Lexington apartment is the A3 One Bedroom Model at Seven Springs starting at $3,095 with a $3.69 price per square foot in the Turning Mill 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. |
|---|---|---|---|
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.89 |
| Seven Springs | A3 One Bedroom | 1BR,1BA | $3.69 |
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $3.33 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Downtown Lexington, Lexington, MA
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Frequently Asked Questions about Downtown Lexington
What type of rentals are currently available in Downtown Lexington?
There are currently 21 Apartments for Rent in Downtown Lexington, MA with pricing that ranges from $2,500 to $4,499. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $2,400 to $20,000.
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 $20,000 with an average monthly rent of $6,836.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.