Last updated October 14, 2026

Average Rent in Lexington 02421 & Rent Trends

Rent prices and market trends across 1 apartment community in Lexington 02421, Waltham, MA. Updated daily.

Area All Areas Banks Square Newton Corner North Waltham The Highlands

Arlington 02474

Lexington 02421

Watertown 02472

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$4,003/mo

Lowest Available

$2,895/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Rent Watch: cuts and increases

Open Rent Watch →

5 cuts and 0 increases among 6 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Avalon at Lexington Hills
↓ $195/mo
Cut of 3.6% · Unit MA024-006-6002

Lexington 02421 vs Waltham, MA Average

Lexington 02421 is more expensive than the Waltham, MA average by $480/mo (14%). The citywide average is $3,523/mo across all neighborhoods.

Is Rent Going Up or Down in Lexington 02421?

As of October 2026, the average rent in Lexington 02421 is $4,003 per month across 1 apartment community and 20 available units.

The most affordable option is Avalon at Lexington Hills starting at $2,895/mo. By unit type, a 1-bedroom averages $3,080/mo, a 2-bedroom averages $4,234/mo.

Prices range from $2,895 to $5,540 per month. The most common price point is the $3,600 range, where 8 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lexington 02421

1 Bed

$3,080

from $2,895 · 4 units

2 Bed

$4,234

from $3,465 · 16 units

Rent Prices by Apartment in Lexington 02421

Property	Starting at	Average	Units	Rating
Avalon at Lexington Hills	$2,895/mo	$4,003/mo	20	4.5

Frequently Asked Questions About Rent in Lexington 02421

What is the average rent in Lexington 02421?

The average rent in Lexington 02421 is $4,003 per month as of October 2026, based on 20 units across 1 apartment communities.

Is rent going up or down in Lexington 02421?

The current average rent in Lexington 02421 is $4,003/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Lexington 02421?

The most affordable apartment in Lexington 02421 is Avalon at Lexington Hills with units starting at $2,895/mo.

How much is a 1-bedroom apartment in Lexington 02421?

A 1-bedroom apartment in Lexington 02421 averages $3,080/mo, with prices starting at $2,895/mo across 4 available units.

How many apartments are available in Lexington 02421?

There are 20 units available across 1 apartment communities 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

$160,000/year

Based on the 30 percent rule, using our tracked average rent of $4,003/mo.

Comfortable income

$192,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,895/mo), you need to earn at least $116,000/year.

Median household income in Lexington 02421 is $116,560 , about 39% 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	Source
Rent (market average)	$4,003	daily refresh
Utilities	$637	BLS × BEA RPP
Groceries	$544	BLS × BEA RPP
Transportation	$1,520	BLS × BEA RPP
Healthcare	$741	BLS × BEA RPP
Other goods and services	$1,186	BLS × BEA RPP
Estimated total	$8,631/mo	$103,578/year

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.

Massachusetts Rent Trends

Compare rent across all Massachusetts cities

Waltham, MA Neighborhood Rent Map

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Explore Waltham, MA on Map

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US-wide rent comparison

See how Waltham, MA rents stack up against the national median