Last updated
Average Rent in Lexington 02421 & Rent Trends
Rent prices and market trends across 1 apartment community in Lexington 02421, Waltham, MA. Updated daily.
Market Average
$3,042/mo
Lowest Available
$2,931/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
5
available now
Price Cuts This Week in Lexington 02421
10 listed units across 1 building offering 1 bed units in Lexington 02421 dropped their asking rent in the past 7 days, an average cut of $121/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Avalon at Lexington Hills | Unit 11 | $3,700 | $3,455 | $245 |
| Avalon at Lexington Hills | Unit 8 | $3,635 | $3,407 | $228 |
| Avalon at Lexington Hills | Unit 5 | $3,342 | $3,174 | $168 |
| Avalon at Lexington Hills | Unit 1 | $3,066 | $2,931 | $135 |
| Avalon at Lexington Hills | Unit 2 | $3,125 | $3,005 | $120 |
| Avalon at Lexington Hills | Unit 3 | $3,131 | $3,011 | $120 |
| Avalon at Lexington Hills | Unit 4 | $3,160 | $3,090 | $70 |
| Avalon at Lexington Hills | Unit 16 | $3,610 | $3,555 | $55 |
Lexington 02421 vs Waltham, MA Average
Lexington 02421 is cheaper than the Waltham, MA average by $506/mo (14%). The citywide average is $3,548/mo across all neighborhoods.
Is Rent Going Up or Down in Lexington 02421?
As of September 2026, the average rent in Lexington 02421 is $3,042 per month across 1 apartment community and 5 available units.
The most affordable option is Avalon at Lexington Hills starting at $2,931/mo. By unit type, a 1-bedroom averages $3,042/mo.
Prices range from $2,931 to $3,174 per month. The most common price point is the $3,000 range, where 4 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Lexington 02421
Rent Prices by Apartment in Lexington 02421
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Avalon at Lexington Hills | $2,931/mo | $3,042/mo | 5 | 4.5 |
Frequently Asked Questions About Rent in Lexington 02421
What is the average rent in Lexington 02421?
Is rent going up or down in Lexington 02421?
What is the cheapest apartment in Lexington 02421?
How much is a 1-bedroom apartment in Lexington 02421?
How many apartments are available in Lexington 02421?
What salary do I need to live comfortably in Lexington 02421?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$122,000/year
Based on the 30 percent rule, using our tracked average rent of $3,042/mo.
Comfortable income
$146,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,931/mo), you need to earn at least $117,000/year.
Median household income in Lexington 02421 is $116,560 , about 20% below the comfortable-living threshold.
Cost of living in Lexington 02421
Overall prices in Lexington 02421 runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lexington 02421's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,042 |
| Utilities | $637 |
| Groceries | $544 |
| Transportation | $1,520 |
| Healthcare | $741 |
| Other goods and services | $1,186 |
| Estimated total | $7,670/mo |
Population
64,723
Median household income
$116,560
Census median rent
$2,232/mo
Census rent burden
27.4%
Median age
35.1
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lexington 02421 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lexington 02421 Apartments
Browse all 1 communities with daily-updated pricing and availability.