Rental market snapshot for Lexington, Massachusetts

Lexington, Massachusetts Rental Property Market Overview

Lexington, Massachusetts is a town located in Middlesex County, just outside of Boston. According to the US Census, the population of Lexington in 2021 is 33,132. It is known for its historical significance, as it was the site of the first battle of the American Revolutionary War. Lexington is home to a variety of attractions, including the National Heritage Museum, the Lexington Historical Society, and the Lexington Battle Green. The town is also home to a number of parks, trails, and recreational facilities, making it a great place to live and visit.

The average rent for an apartment in Lexington is $3,262. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Lexington Massachusetts | Cost of Living

  • The most expensive ZIP code in Lexington is 02421 with an average price of $2,967.
  • The cheapest ZIP code in Lexington is 02421 with an average price of $2,950.

Lexington ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
102421$2,967
202421$2,950

Live near Lexington, Massachusetts's Top Sights and Attractions

Minute Man National Historical Park is a historic site that commemorates the opening battle of the American Revolutionary War. It is located on a 1,000-acre landscape of rolling hills, meadows, and woodlands in Massachusetts. The park features a variety of attractions, including a Visitor Center, a restored 18th-century farmhouse, a replica of a Revolutionary War-era cannon, and a network of trails that follow the route of the British retreat from Concord. The park also offers a variety of educational programs and activities, such as guided tours, living history demonstrations, and special events.

Lincoln Park is a beautiful outdoor area located in the heart of a small town. It features a large pond, walking trails, and plenty of open space for picnics and outdoor activities. The park is home to a variety of wildlife, including ducks, geese, and other birds. There are also several benches and picnic tables scattered throughout the park, making it a great spot for a relaxing afternoon.

Minute Man National Historical Park is a historic site that commemorates the opening battle of the American Revolutionary War. It is located on a 1,000-acre landscape of rolling hills, meadows, and woodlands in Massachusetts. The park features a variety of attractions, including a Visitor Center, a restored 18th-century farmhouse, a replica of a Revolutionary War-era cannon, and a network of trails that follow the route of the British retreat from Concord. The park also offers a variety of educational programs and activities, such as guided tours, living history demonstrations, and special events.

M E T State Hospital is a historic psychiatric hospital located in Lexington, Massachusetts. The hospital was built in the late 1800s and is now a National Historic Landmark. The hospital is known for its unique architecture, which includes a large central building surrounded by several smaller buildings. The hospital grounds are open to the public and feature walking trails, gardens, and a pond. Visitors can also explore the hospital's history through a variety of exhibits and tours.

Arlington Reservoir is a large body of water located in a suburban area of Massachusetts. It is a popular spot for fishing, boating, and swimming, and is surrounded by a scenic walking trail. The reservoir is stocked with a variety of fish, including trout, bass, and perch. There is also a beach area with picnic tables and grills, making it a great spot for a family outing.

The Minuteman Bike Path is a scenic 11-mile paved trail that runs through the towns of Bedford, Lexington, and Arlington. It follows the route of the historic Lexington and Concord "Battle Road" and passes by many historic sites, including the Old North Bridge, the site of the first battle of the Revolutionary War. The trail is popular with walkers, runners, and cyclists, and offers a variety of scenery, from wooded areas to open fields. It is also a great spot for bird watching, as it is home to a variety of species.

Captain William Smith House is a historic house located in Lexington, Massachusetts. Built in 1706, it is one of the oldest surviving houses in the area. The house is a two-story, wood-framed structure with a gambrel roof and clapboard siding. It features a large central chimney and a symmetrical five-bay facade. The house is furnished with period furniture and artifacts from the 18th and 19th centuries. It is open to the public for tours and special events.

Hastings Park is a beautiful outdoor attraction located in the heart of Massachusetts. It features a large pond, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and turtles. Visitors can also enjoy fishing, boating, and kayaking in the pond. The park is a great place to take a leisurely stroll, have a picnic, or just relax and take in the scenery.

Great Meadows is a large open space located in the heart of Lexington, Massachusetts. It is a popular spot for outdoor activities such as walking, biking, and bird watching. The meadows are surrounded by a variety of trees and shrubs, providing a peaceful and tranquil atmosphere. There are several trails that wind through the meadows, offering visitors a chance to explore the area and take in the natural beauty. The meadows are also home to a variety of wildlife, including deer, foxes, and other small animals. Visitors can also enjoy the views of the nearby Minuteman National Historic Park and the Battle Green, where the first shots of the American Revolution were fired.

Adams Park is a large outdoor space located in Lexington, Massachusetts. It features a playground, picnic area, and a large open field perfect for sports and outdoor activities. The park is also home to a pond, which is a popular spot for fishing and bird watching. The park is surrounded by trees and has plenty of walking paths for visitors to explore.

Lexington, Massachusetts area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Lexington compare to other cities in Massachusetts?

citymedian price
Brookline$3,950
Boston$3,591
Hull$2,950
North Andover$2,645
Pembroke$2,613
Northampton$2,400
Acton$2,105
Hampden$1,825

Average household income in Lexington area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Lexington in 2021 was $202,852. This represents a 46.9% change from 2011 when the median was $138,095.

#categorypercent
0Less than $10,0002.8%
1$10,000 to $14,9991.6%
2$15,000 to $19,9991.8%
3$20,000 to $24,9991.3%
4$25,000 to $29,9990.8%
5$30,000 to $34,9991.7%
6$35,000 to $39,9991.5%
7$40,000 to $44,9991.8%
8$45,000 to $49,9990.6%
9$50,000 to $59,9992.4%
10$60,000 to $74,9994.0%
11$75,000 to $99,9995.8%
12$100,000 to $124,9996.8%
13$125,000 to $149,9997.7%
14$150,000 to $199,99912.9%
15$200,000 or more46.6%

Neighborhoods in Lexington

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Lexington is $3,262.
Made withDataherald