48 Forest St
LexingtonMA02421
Cheap Homes for Rent in the Downtown Lexington Neighborhood of Lexington, MA from $1,700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lexington area of Lexington.
186 Bedford St, Unit S
186 Bedford St
LexingtonMA02420
7 Colonial Village Dr
ArlingtonMA02474
12 Colonial Village Dr
ArlingtonMA02474
3 Colonial Village Dr, Unit 10
3 Colonial Village Dr
ArlingtonMA02474
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$2,4001 Bedroom Apartments Available Now
25 Captain Parker Arms, Unit 22
25 Captain Parker ArmsLexington, MA 02421
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
1433 Massachusetts Ave
LexingtonMA02420
186 Bedford St, Unit 1
186 Bedford St
LexingtonMA02420
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$2,6001 Bedroom Apartments Available Oct 1
11 Captain Parker Arms, Unit 23
11 Captain Parker ArmsLexington, MA 02421
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$2,6502 Bedroom Apartments Available Now
8 Captain Parker Arms, Unit 2
8 Captain Parker ArmsLexington, MA 02421
29 Vaille Ave, Unit 29
29 Vaille Ave
LexingtonMA02421
1 Colonial Village Dr
ArlingtonMA02474
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $3,179 | $2,400 | $4,100 |
| Downtown Lexington 3 Bedroom Homes for Rent | $4,753 | $3,300 | $7,000 |
| Downtown Lexington 4 Bedroom Homes for Rent | $5,568 | $4,250 | $8,000 |
| Downtown Lexington 5 Bedroom Homes for Rent | $11,650 | $7,200 | $10,000+ |
| Downtown Lexington 6 Bedroom Homes for Rent | $13,825 | $9,800 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 12 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 $2,400. Battle Green Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,775. 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 | $2,400 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2,775 |
| Seven Springs | A3 One Bedroom | 1BR,1BA | $2,950 |
Best Value Apartments for Rent in Downtown Lexington, MA
As of September 10, 2026 the best value apartment in the Downtown Lexington area is the $2.72 price per square foot 2 Bed 2 Bath Model at Battle Green Apartments in the in the Woodhaven neighborhood starting from $2,775. The second greatest value Downtown Lexington apartment is the A3 One Bedroom Model at Seven Springs starting at $2,950 with a $3.52 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 | $2.72 |
| Seven Springs | A3 One Bedroom | 1BR,1BA | $3.52 |
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $3.20 |
| 1628 Massachusetts Ave, Unit 1628 | 1628 Massachusetts Ave | 1BR,1BA | $2.85 |
| 26 Colony Rd, Unit Furnished apartment in Lexington | 26 Colony Rd | 1BR,1BA | $5.00 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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 26 Apartments for Rent in Downtown Lexington, MA with pricing that ranges from $1,995 to $4,175. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $1,700 to $18,000.
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 $1,700 to $18,000 with an average monthly rent of $5,726.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.