12 Colonial Village Dr
ArlingtonMA02474
Cheap Homes for Rent in Downtown Lexington Neighborhood of Lexington, MA from $1,900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lexington area of Lexington.
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$2,2751 Bedroom Apartments Available Now
36 Worthen Rd E, Unit A3
36 Worthen Rd ELexington, MA 02421
248 Lincoln St
LexingtonMA02421
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
2 Manor Ter
LexingtonMA02420
6 Forest St, Unit R
6 Forest St
LexingtonMA02421
30 Captain Parker Arms, Unit 2
30 Captain Parker Arms
LexingtonMA02421
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.
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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 | $3,475 | $2,500 | $4,500 |
| Downtown Lexington 3 Bedroom Homes for Rent | $4,496 | $3,650 | $5,600 |
| Downtown Lexington 4 Bedroom Homes for Rent | $6,057 | $5,350 | $7,000 |
| Downtown Lexington 5 Bedroom Homes for Rent | $14,700 | $10,000 | $10,000+ |
| Downtown Lexington 6 Bedroom Homes for Rent | $17,366 | $9,100 | $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 6 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 $2,550. Battle Green Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,700. 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 | $2,550 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2,700 |
| Seven Springs | C2 Two Bedroom | 2BR,2BA | $3,595 |
Best Value Apartments for Rent in Downtown Lexington, MA
As of June 11, 2026 the best value apartment in the Downtown Lexington area is the $3.12 price per square foot C2 Two Bedroom Model at Seven Springs in the in the Turning Mill neighborhood starting from $3,595. The second greatest value Downtown Lexington apartment is the 2 Bed 2 Bath Model at Battle Green Apartments starting at $2,700 with a $2.65 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. |
|---|---|---|---|
| Seven Springs | C2 Two Bedroom | 2BR,2BA | $3.12 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.65 |
| Captain Parker Arms | 1 Bedroom / 1 Bath | 1BR,1BA | $3.40 |
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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Real 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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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.
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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 18 Apartments for Rent in Downtown Lexington, MA with pricing that ranges from $1,975 to $4,589. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lexington ranging from $1,900 to $28,000.
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 $1,900 to $28,000 with an average monthly rent of $8,087.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.