Cheap Apartments for Rent in the Downtown Lexington Neighborhood of Lexington, MA from $1,300 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lexington area of Lexington.

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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Captain Parker Arms
1 to 3 Bedroom Apartments

Captain Parker Arms

7 Captain Parker ArmsLexington, MA 02421

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Downtown Lexington, Lexington, MA Local Guide

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 GlenBrook Estates priced from $2,400. Windsor Village at Waltham has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,545. Here are the most affordable Downtown Lexington apartments for rent in Lexington, MA:

Apartment ListingModel NameBed/BathPriced From
GlenBrook Estates1x11BR,1BA$2,400
Windsor Village at WalthamThe Dartmouth1BR,1BA$2,545
Katahdin WoodsThe Adams1BR,1BA$2,550
Waltham OverlookA1BR1BR,1BA$2,575
Heritage at Stone RidgeBedford1BR,1BA$2,580

Best Value Apartments for Rent in Downtown Lexington, MA

As of May 12, 2025 the best value apartment in the Downtown Lexington area is the $2.20 price per square foot Alder (Townhouse w/basement) Model at Tudor Glen Village in the in the Turning Mill neighborhood starting from $3,295. The second greatest value Downtown Lexington apartment is the Tb3 Model at The Tremont starting at $3,357 with a $2.99 price per square foot in the Turning Mill neighborhood. Here is today’s list of the best values for Downtown Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tudor Glen VillageAlder (Townhouse w/basement)2BR,2.5BA$2.20
The TremontTb32BR,2BA$2.99
991 Massachusetts Ave, Unit 1991 Massachusetts Ave2BR,1BA$2.89
Captain Parker Arms2 Bedroom / 1 Bath2BR,1BA$2.61
Battle Green Apartments2 Bed 2 Bath2BR,2BA$2.94
1501 Massachusetts Ave, Unit #11501 Massachusetts Ave2BR,1BA$3.20
Windsor Village at WalthamThe Clarendon1BR,1BA$3.23
GlenBrook Estates1x11BR,1BA$2.58
Heritage at Stone RidgeBedford1BR,1BA$3.11
Waltham OverlookA1BR1BR,1BA$3.58

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Pet Friendly Lifestyle
Downtown Lexington, Lexington, MA

Ranked #2

Among neighborhoods in Lexington, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Downtown Lexington Neighborhood in Lexington, MA

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lexington Apartments

How much is rent for a Cheap One Bedroom Downtown Lexington Apartment?

The lowest price for a Cheap One Bedroom Downtown Lexington Apartment is $2,400 at GlenBrook Estates.

What is the lowest price for a Cheap Two Bedroom Downtown Lexington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lexington is starting from $2,675 at Waltham Overlook.

What is the most affordable Downtown Lexington Three Bedroom Apartment?

The best deal on a cheap Downtown Lexington Three Bedroom Apartment rental is at Windsor Village at Waltham and starts from $3,875.

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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