
Cheap Homes for Rent in Lexington, MA from $1,200 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


7 Old Colony Ln

12 Colonial Village Dr

3 Brattle Dr, Unit 3

9 Ryder St
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.

9 Ryder St

4 Old Colony Ln

892 Massachusetts Ave, Unit 50
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.

898 Massachusetts Ave

993 Massachusetts Ave

15 Old Colony Ln

Furnished Studio-Boston - Burlington

2 Viking Ct

69 Grove St

5 Fred St
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

3 Colonial Village Dr

1 Brattle Dr, Unit 9

1105 Lexington St, Unit 2-9

20 Second Ave

31 Marion Rd
Explore Like a Local: The Insider's Guide to Boston
Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

1105 Lexington St
Lexington, MA Local Guide

How much does it cost to rent a home in Lexington?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $3,092 | $2,275 | $6,000 |
| Lexington 3 Bedroom Homes for Rent | $4,141 | $1,200 | $7,500 |
| Lexington 4 Bedroom Homes for Rent | $5,701 | $3,800 | $8,000 |
| Lexington 5 Bedroom Homes for Rent | $8,653 | $3,950 | $10,000+ |
| Lexington 6 Bedroom Homes for Rent | $21,850 | $10,000 | $10,000+ |
| Lexington 7 Bedroom Homes for Rent | $6,800 | $6,800 | $6,800 |
Browse Top Homes for Rent in Lexington
Explore Lexington
Lexington, MA Local Guide
- Lexington Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lexington, MA
Pricing Updated: 11/02/2025Current apartment rentals in the Lexington, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Lexington | $4,000 | $2,200 | 23 |
| Route 2 | $7,100 | $1,175 | 798 |
Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, MA is a Studio unit found at 840-846 Massachusetts Ave in the Arlington Center neighborhood priced from $1,200. Old Colony Apartments in the Rock Meadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 840-846 Massachusetts Ave | 840 - Studio | Studio,1BA | $1,200 |
| Old Colony Apartments | Studio | Studio,1BA | $1,850 |
| Brookside Apartments | A1 | 1BR,1BA | $2,150 |
| Tudor Glen Village | The Cherry | 1BR,1BA | $2,195 |
| J.E. Furnished Apartments of Waltham | Furnished Studio | Studio,1BA | $2,325 |
| Sanctuary Winchester West | A10 | 1BR,1BA | $2,358 |
| Shaker Glen Village | Elm | 2BR,1BA | $2,395 |
Best Value Apartments for Rent in Lexington, MA and Nearby
As of November 02, 2025 the best value apartment in the Lexington area is the $0.33 price per square foot 48 Moulton Rd Model at 48 Moulton Rd, Unit 2 in the in the Rock Meadow neighborhood starting from $3,300. The second greatest value Lexington apartment is the 18 Moulton Rd Model at 18 Moulton Rd, Unit 2 starting at $2,600 with a $1.92 price per square foot in the Rock Meadow neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 48 Moulton Rd, Unit 2 | 48 Moulton Rd | 3BR,2BA | $0.33 |
| 18 Moulton Rd, Unit 2 | 18 Moulton Rd | 3BR,1BA | $1.92 |
| April Lane Apartments | 2 Bedroom | 2BR,2BA | $2.56 |
| 142 Page Rd, Unit 2FL | 142 Page Rd | 1BR,1BA | $2.33 |
| 142R Page Rd, Unit BedfordWithGarage | 142R Page Rd | 1BR,1BA | $2.33 |
| 35 Grant Ave, Unit 35 | 35 Grant Ave | 3BR,1BA | $2.47 |
| 40 Neillian Way, Unit 40 Neillian Way Bedford | 40 Neillian Way | 3BR,1BA | $2.64 |
| 25 Laurel St, Unit 25 Laurel St. | 25 Laurel St | 2BR,1BA | $2.64 |
| 3 Neillian St, Unit #2 | 3 Neillian St | 2BR,1BA | $2.53 |
| 840-846 Massachusetts Ave | 846 - 1 Bedroom | 1BR,1BA | $2.72 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleBoston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
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 Lexington, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, MA Rentals by Map
See the most popular apartments and homes in Lexington, MA
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 159 Apartments for Rent in Lexington, MA with pricing that ranges from $1,200 to $9,300. There are also 170 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,200 to $40,000.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $1,200 to $40,000 with an average monthly rent of $6,784.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $2,600 to $5,523, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $4,000.
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 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.







