Cheap Apartments for Rent in the Prospect Hill Lexington Neighborhood of Lexington, MA from $1,300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill Lexington area of Lexington.

7 Captain Parker Arms
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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Waltham Overlook

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6 Eliot Rd, Unit 6

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3 Neillian St, Unit #2

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Windsor Village at Waltham

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Seven Springs
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.

Briar Glen Village
Prospect Hill Lexington, Lexington, MA Local Guide

How much does it cost to rent an apartment in Prospect Hill Lexington?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Prospect Hill Lexington 1 Bedroom Apartments | $2,843 | $2,125 | $3,850 |
| Prospect Hill Lexington 2 Bedroom Apartments | $3,437 | $2,300 | $5,150 |
| Prospect Hill Lexington 3 Bedroom Apartments | $3,701 | $2,900 | $4,995 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Prospect Hill Lexington Neighborhood of Lexington, MA.
See all Apartments in LexingtonExplore Lexington
Prospect Hill Lexington, Lexington, MA Local Guide
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Cheapest Available Prospect Hill Lexington Apartments for Rent
 The cheapest available apartment rental in the Prospect Hill Lexington area of Boston, MA is a 1 Bed unit found at Windsor Village at Waltham priced from $2,450. Seven Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,499. Here are the most affordable Prospect Hill Lexington apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Village at Waltham | The Dartmouth | 1BR,1BA | $2,450 |
| Seven Springs | A2 One Bedroom Townhouse | 1BR,1BA | $2,499 |
| Waltham Overlook | A1BR | 1BR,1BA | $2,605 |
| Briar Glen Village | Tamarack-Renovated | 1BR,1BA | $2,695 |
| Avalon at Lexington Hills | A3 | 1BR,1BA | $2,790 |
Best Value Apartments for Rent in Prospect Hill Lexington, MA
As of November 10, 2025 the best value apartment in the Prospect Hill Lexington area is the $1.57 price per square foot 5 Freeman Cir Model at 5 Freeman Cir, Unit 5 Freeman Cir., Lexington in the in the Woodhaven neighborhood starting from $5,500. The second greatest value Prospect Hill Lexington apartment is the 31 Captain Parker Arms Model at 31 Captain Parker Arms, Unit 2 starting at $4,000 with a $3.08 price per square foot in the Woodhaven neighborhood. Here is today’s list of the best values for Prospect Hill Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5 Freeman Cir, Unit 5 Freeman Cir., Lexington | 5 Freeman Cir | 4BR,3.5BA | $1.57 |
| 31 Captain Parker Arms, Unit 2 | 31 Captain Parker Arms | 3BR,2BA | $3.08 |
| April Lane Apartments | 2 Bedroom | 2BR,2BA | $2.56 |
| Avalon at Lexington Hills | B3 | 2BR,2BA | $3.04 |
| 40 Neillian Way, Unit 40 Neillian Way Bedford | 40 Neillian Way | 3BR,1BA | $2.64 |
| 25 Mountain Rd, Unit 1 | 25 Mountain Rd | 2BR,2BA | $3.04 |
| Windsor Village at Waltham | The Faneuil | 2BR,1.5BA | $3.07 |
| Battle Green Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.85 |
| 3 Neillian St, Unit #2 | 3 Neillian St | 2BR,1BA | $2.53 |
| Katahdin Woods | The Hancock | 2BR,2BA | $3.56 |
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 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleProspect Hill Lexington, Lexington, MA
Ranked #6
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Prospect Hill Lexington Neighborhood in Lexington, MA
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
25 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Hill Lexington Apartments
How much is rent for a Cheap One Bedroom Prospect Hill Lexington Apartment?
The lowest price for a Cheap One Bedroom Prospect Hill Lexington Apartment is $2,450 at Windsor Village at Waltham.
What is the lowest price for a Cheap Two Bedroom Prospect Hill Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Hill Lexington is starting from $2,840 at Windsor Village at Waltham.
What is the most affordable Prospect Hill Lexington Three Bedroom Apartment?
The best deal on a cheap Prospect Hill Lexington Three Bedroom Apartment rental is at Windsor Village at Waltham and starts from $3,140.
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.



