Cheap Homes for Rent in Lexington, MA from $1,200 (37 Rentals)

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Search the lowest-cost Homes available for rent right now in Lexington.

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.

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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.

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property at 32 Second Ave

32 Second Ave

BurlingtonMA01803

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 10 Pine Ave

10 Pine Ave, Unit 10

10 Pine Ave
ArlingtonMA02474

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.

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Showing Results 1-37, Page 1 of 1

Lexington, MA Local Guide

Cheapest Neighborhoods for Apartments in Lexington, MA

Pricing Updated: 06/05/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Route 2$7,000$1,100222
Downtown Lexington$26,750$2,40020

Cheapest Available Lexington Apartments for Rent

 

The cheapest available apartment rental in Lexington, MA is a 1 Bed unit found at Shaker Glen Village in the Turning Mill neighborhood priced from $2,045. Brookside Apartments in the Turning Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shaker Glen VillageOak1BR,1BA$2,045
Brookside ApartmentsA11BR,1BA$2,100
Dudley Street Apartments1 bed 1 bath1BR,1BA$2,100
Waltham OverlookA1B1BR,1BA$2,260

Best Value Apartments for Rent in Lexington, MA

As of June 05, 2025 the best value apartment in the Lexington area is the $0.22 price per square foot 122 Trapelo Rd Model at 122 Trapelo Rd, Unit #33 in the in the Rock Meadow neighborhood starting from $2,150. The second greatest value Lexington apartment is the 80 Woodcliff Dr Model at 80 Woodcliff Dr, Unit 80 starting at $6,750 with a $1.93 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 ListingModel NameBed/BathPrice Per Sq.Ft.
122 Trapelo Rd, Unit #33122 Trapelo Rd1BR,1BA$0.22
80 Woodcliff Dr, Unit 8080 Woodcliff Dr3BR,3BA$1.93
2004 Symmes Cir2004 Symmes Cir3BR,3.5BA$2.19
18 Forest St, Unit 218 Forest St2BR,1BA$2.03
84 Cambridge Rd, Unit #40284 Cambridge Rd1BR,2BA$1.69
April Lane Apartments2 Bedroom2BR,2BA$2.40
201 Bedford Rd, Unit #9e201 Bedford Rd2BR,1BA$2.35
991 Massachusetts Ave, Unit 1991 Massachusetts Ave2BR,1BA$2.89
61 Mount Vernon St, Unit 361 Mount Vernon St2BR,1BA$2.77
83 Cambridge Rd, Unit #11783 Cambridge Rd1BR,1BA$2.69

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.

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Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 170 Apartments for Rent in Lexington, MA with pricing that ranges from $1,300 to $9,522. There are also 184 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 $6,981.

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 $2,900 to $9,311, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $6,750. Four Bedroom Single-Family rentals are also available starting from $4,200 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.

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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.

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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.

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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.