Find Your Dream Apartment in Lexington MA – Prices, Number, and More

Find Your Dream Apartment in Lexington MA – Prices, Number, and More

Lexington MA apartments for rent

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Are you ready to abandon monotonous city life, swap those bustling, sleepless nights for the charm of a quaint, historic town? Lexington MA is calling your name! Known for its lush landscapes, top-notch schools and vibrant culture soaked in rich history, Lexington is something straight out of a Nicholas Sparks novel. So park your dreams here and find your perfect abode amid our robust selection of apartments for rent. Prices, numbers, and more – get ready to explore the magic of limitless options in the heart of Massachusetts!

According to our website, there are currently several apartments available for rent in Lexington, MA. Additionally, we provide detailed pricing information for one-bedroom, two-bedroom, and three-bedroom apartments, with the average rent prices listed as of June 2023. We also offer filtering options for users to search based on their preferred amenities and lifestyle preferences.

The Appeal of Living in Lexington MA

Lexington MA has its own unique charm that is a prominent part of its appeal. This town, nestled 30 minutes outside Boston, offers the perfect blend of a peaceful and quiet lifestyle while still providing easy access to the urban city life. The school systems in the area are highly regarded, making it an attractive place for families. Additionally, the low crime rate makes it a safe haven for individuals.

One of the most appealing aspects of living in Lexington is the large number of parks and outdoor spaces available to residents. Several parks like Minute Man National Historical Park and Willards Woods Conservation Area provide peaceful trails and serene settings perfect for hiking, jogging, and enjoying nature in any season. The parks also host several events throughout the year, making it easier for locals to network with other residents and make new friends.

Another aspect of Lexington’s appeal is its rich history dating back to colonial times- explored through several museums, historical sites like Battle Green Monument and Buckman Tavern. These places provide visitors with deep insight into the heritage of Lexington and inspire them to preserve its unique culture.

An experience in Lexington is equivalent to opening a gift wrapped in simplicity yet bursting with pleasant surprises. A casual bike ride along the Minuteman Bikeway’s tree-lined path or simply wandering around historic areas like Lexington Depot Square would leave you spellbound as you soak up every bit of natural beauty and history prevalent in this town.

In addition to endless recreational options, residents enjoy exceptional retail shopping experiences at places like Lexington Centre where they find locally-owned boutiques blended seamlessly with independent grocers such as Wilson Farm or Donelan’s Supermarket.

Finally, another reason why people choose to live within this Massachusetts community is its diversity; people from different backgrounds live harmoniously together within one location. It’s easy to spot international cuisine options within the town’s culinary scene, including cozy and welcoming dining spaces like Via Lago or Il Casale.

• As of June 2023, the average rent price for a 1-bedroom apartment in Lexington is $3,184 per month, reflecting an increase of 12.5% from the previous year.
• The average cost of a 2-bedroom apartment during the same period is $3,879 per month while a 3-bedroom unit goes for $4,688 on average.
• Approximately only 18% of housing units (which includes apartments) in Lexington are rented, indicating that it’s predominantly an owner-occupied market.
• Lexington, MA is a charming town located just 30 minutes outside of Boston that offers a peaceful and quiet lifestyle while still providing access to urban city life. The area boasts exceptional schools, low crime rates, and numerous parks and outdoor spaces perfect for recreation and networking with other residents. Additionally, the town’s rich history dating back to colonial times can be explored through several museums and historical sites, providing residents with deep insight into Lexington’s unique culture. With exceptional retail shopping experiences and an inclusive community, living in Lexington provides a pleasant surprise like opening a gift wrapped in simplicity yet bursting with endless possibilities.

Proximity to Boston

Living in Lexington puts you at an ideal proximity to Boston. Though not everyone might enjoy the hustle and bustle of a big city, it’s comforting to know that you can have access to all you need by just hopping on a quick train or car ride into downtown. From the famous Fenway Park for Red Sox fans and the picturesque Newbury Street for fashion enthusiasts to Harvard Square for intellectual activities, Lexington gives you easy access to everything Boston has to offer.

The area is also home to world-renowned colleges and universities such as MIT, Harvard and many other institutions where residents or students often take day trips from their Lexington homes. This affords one the opportunity for top-notch education within a short drive while living in a quiet town, gaining access to Global education while still enjoying peaceful evenings back home.

For those who need ease of transportation, Cambridge is an excellent option with convenient bus routes from Alewife Station or Kendall Square Station- relatively close to Lexington meaning even without owning your car- there is always an affordable way to get around between towns while reaching more significant destinations like Downtown Boston.

Of course, not everyone wants proximity to the downtown city life; some people prefer staying far away from dense urban areas and might find commuting stressful. However, although congested areas are less common in smaller towns like Lexington– it’s worth noting that getting around Essex County during peak hours can also be time-consuming.

When seeking entertainment outside of historic landmarks and parks closer to home in Lexington, residents can take advantage of various cultural festivals such as Oktoberfest in Harvard Square- something many nearby towns don’t always have an avenue for.

The advantages of being close enough to Boston without having to live in the city are numerous: from easy access to shopping malls like Natick Mall and Burlington Mall- offering some of the best choices in retail across Massachusetts to proximity to renowned hospitals such as Boston Children’s Hospital, making medical care more easily accessible.

Neighborhood Amenities

Lexington, MA is a charming historical town that draws residents in with its easy access to Boston and its plethora of neighborhood amenities. This town offers a unique combination of both natural and urban landscapes, making it the perfect location for families and professionals alike.

One of the main draws of living in Lexington is the abundance of parks and open spaces. There are over 30 public parks in the area which offer everything from hiking trails to picnic facilities to sports fields, giving residents many opportunities to enjoy nature in their community. For example, the Battle Green, located at the center of town, provides an excellent walking path where people can stroll along one of the town’s most historic locations while enjoying fresh air.

Lexington also boasts several shopping areas including Lexington Center, which is home to numerous boutique shops and restaurants. The downtown area has unique offerings like Michelson’s Shoes which has been providing custom shoe fittings since 1912 or something as unique as Wilson Farm that provides locally grown produce.

For those who enjoy cultural events, there are a variety of options offered year-round through entities such as Cary Memorial Library or The Scottish Rite Masonic Museum & Library. The library features a flexible event space with all sorts of programs from opportunities for children to engage in reading events to live music performances from local artists!

Personally speaking, I have enjoyed many nights taking my family out for walks along the Minuteman Bikeway at night or bringing them down under the trees on summer afternoons near Mass Ave. At any given time there always seems like there are outdoor events such as live musical performances or art markets which attracts people from out-of-town.

There is no shortage of education opportunities for families within Lexington either; it ranked among The Best School Districts In America With A+ overall ratings from organizations such as Niche.com and GreatSchools.org. The highly-acclaimed Lexington Public Schools system is home to some of the most highly rated schools in Massachusetts including Bowman Elementary School, Fiske Elementary School, and Lexington High School. With schools like these, it’s easy to see why Lexington is a desirable location for those looking to raise families.

Now that we have delved into some of the neighborhood amenities available in Lexington, let’s take a closer look at how living costs compare to other cities.

Deciphering Lexington MA Rent Prices

Lexington has seen an increase in rent prices over the past year, with renters now paying on average around $3,184 per month for a one-bedroom apartment. Its proximity to Boston and excellent school systems contribute to the high demand for apartments here which results in pricey housing rates.

While this number may seem steep compared to other areas in Massachusetts, it’s relatively lower than Boston proper where renters pay around $3,336 per month for a one-bedroom apartment on average. Furthermore, while rent prices have risen over the last year in Lexington MA, they are still substantially lower than what you would find in San Francisco or New York City even when accounting for higher salaries typically paid out in those areas.

However, while the location and quality aspects make justifying the expense necessary, the price increase does present some concerns to prospective renters as this area continues its upward trajectory. Certain neighborhoods within Lexington such as Bedford Street or Grove Street can be more expensive than other neighborhoods like East Lexington Village or Worthen Road Village despite shareable proximity. It’s also worth noting that these increases will impact a tenant’s cost of living when taken together with additional expenses from things like groceries or transportation.

To put it in perspective though, what makes a pricier apartment opportunity worth it ultimately comes down to lifestyle preferences and unique individual circumstances that decide whether this cost is something worth incurring. If you’re someone who enjoys city accessibility paired with suburban convenience and great schools, Lexington presents an excellent opportunity that is likely be worth its price tag.

Now that we have gained some insight into the apartment rental market within Lexington, it’s time to explore which types of apartments are available in Lexington.

Overall, Lexington is a highly desirable location with plenty of amenities for residents to enjoy. The neighborhoods offer a unique blend of urban and rural living that creates the perfect balance between work and play-year-round.

Current Apartment Market Trends

When trying to find the perfect apartment in Lexington, you need to have a good understanding of local rent prices. The average rent for a one-bedroom apartment in this area is $2,965 per month as of June 2023, which is a 45% increase compared to the previous year. A two-bedroom apartment, meanwhile, has an average rent of $3,525 per month, and a three-bedroom apartment averages at $4,000 per month.

There are some current market trends that make it difficult to anticipate how these prices will continue to change. For example, the trend for the one-bedroom average rent price increased by approximately 12% in just one month. However, the trend for two-bedroom apartments decreased by about 3%, and the trend for three-bedroom apartments decreased by around 2%.

It’s important to note that if you’re looking to move into an area with a high quality of life that still has easy access to Boston, then Lexington is a great choice. The median household income here is $100,250 and crime rates are low, giving peace of mind to both families and individuals living there.

To understand what drives rental prices in this area and why they are increasing so much recently, we must look at several factors. Firstly, with rising employment levels in Boston and its suburbs like Lexington comes an increased demand for housing and therefore more expensive rental rates. Additionally, inflation plays a part in these higher prices too – as inflation rises over time; it pushes up all sorts of costs associated with living in this city.

An analogy can be used here: think of the demand for rental properties as water filling up a basin. The more water there is (i.e., the higher supply and demand are), then the higher the water level will be (i.e., rents will go up). Water can flow out of the basin in some cases (i.e., if population levels decline or there are more available units), but for the most part, when demand and supply increase, this pushes rental rates up.

Some people argue that these high prices aren’t sustainable long-term because they will eventually lead to a pricing bubble. However, others believe that rent rates will continue increasing for several years to come before stabilizing at a new level. As with any market conditions, it is challenging to predict the outcome on property prices, but it’s reasonable to assume that factors like inflation and job growth will always impact rent rates.

Types of Apartments in Lexington MA

There are many different types of apartments available in Lexington MA, and whether you’re looking for something furnished or unfurnished, the area has plenty of options.

For those who prefer furnished units, there are several advantages over unfurnished units: you don’t have to worry about moving heavy furniture items around which saves time and money; you can typically expect better short-term accommodation deals making them great for solo travellers or students on visas. Additionally, furnished apartments often include amenities like kitchenware and decorative aspects; everything you could need to make an apartment feel comfortable right from day one.

Analogously speaking, unfurnished apartments can be seen as a blank slate – waiting for your personal touch. This type of unit works well for people who want to curate their space with specific pieces made by themselves while having unique home decor taste.

Of course, one compromise is to identify mixed-furnished types that offer an initial basic setup while giving tenants a few more free choices on how they want to decorate their apartment in terms of colour schemes or furnishings. One core benefit of mixed-furnished apartment offering is the flexibility it provides tenants who may not want to purchase furniture anew but still have specific needs in terms of their living spaces.

These are just a few of the different types of apartments available in Lexington MA. In the next section, we’ll explore these options in more detail to help you better understand what’s on offer when you’re searching for your new home.

Furnished and Unfurnished Options

When considering an apartment, the decision between furnished or unfurnished may seem small in comparison to other factors. However, it can greatly affect your move-in process and overall cost. Unfurnished options are great for those who already own furniture, such as a couch and bed. This allows you to save money on rent since the cost of the furnishings is not included. However, if you do not own furniture, the cost of furnishing an entire apartment may be higher than expected. In this case, a furnished option can be more convenient.

Another benefit of choosing a furnished apartment is that you don’t need to worry about moving all your items into your new place – most of what you need will already be there. While renting a furnished apartment comes with its own set of annoyances and costs (e.g., having to move out when the lease is up), it can still be a smart choice for those who don’t want to deal with the hassle of moving large pieces around multiple times, like trying to fit a couch through a narrow hallway or door.

Additionally, renters who travel frequently or may need to relocate at short notice might find furnished apartments more appealing due to their mobility and lack of long-term investment (i.e. no furniture ownership). They offer an ideal solution for temporary living arrangements where acquiring, moving or storing one’s personal possessions might pose unforeseen challenges or become prohibitively costly.

Take the case of Carlos Rodriguez who was relocated from his job in Mexico City to Boston at short notice. He faced an uphill task of finding accommodation as soon as possible because his company had made it clear that they would only cover 2 weeks accommodation before he was required to secure alternate housing himself. It was already stressful enough getting familiarized with his new workspace without having the added problem of finding a suitable place to live.

After researching various online portals for apartments for rent in Lexington MA, he decided on an already furnished apartment. He could move in right away without the hassles of moving furniture across international borders.

Moreover, a furnished apartment can be an excellent value for places that are popular with tourists or travelers since many landlords will raise short-term rates to account for the extra expenses and overhead of maintaining a furnished unit. Either way, it’s always worth doing a cost comparison before making a final decision either way.

Choosing between furnished and unfurnished apartments depends on what suits your lifestyle best. But it’s something that you should consider carefully ahead of time before reaching out to any property managers.

Insight into Lexington MA Apartment Availability

With renting on the rise, it is important to know the availability of apartments in your desired location. As of June 2023, Lexington has only five vacant apartments listed for rent. Despite this, there are various options available depending on the needs and budget of the renter.

The most common type is multi-family homes which are designed for families or group living situations. There are single and double bedroom apartment options ranging from $2,000 to $4,000 in rent per month. The amenities vary greatly across the board but most include features such as in-unit laundry, high-speed internet access, air conditioning and walk-in closets. Additionally, some even offer state-of-the-art community centers with pools and fitness centers.

Furthermore, if you’re willing to expand your search beyond traditional rental units – you’ll find an option that suits all tastes and needs – including co-living spaces that offer private rooms combined with shared community spaces such as kitchens or living rooms. These have grown in popularity especially among younger professionals who find them more affordable than living alone like many start-up entrepreneurs whose budgets may be tight.

For instance, Ana Rodriguez (no relation to Carlos Rodriguez) moved to Boston from a small town in South Carolina to live closer to her best friend who relocated to Lexington MA. Initially, she was interested in renting a one-bedroom apartment with an ensuite bathroom before discovering an interesting new concept known as co-living spaces.

She found herself drawn to their affordability and opportunity for social interaction while still having access to private living spaces. The idea of paying for shared amenities like a lounge area and kitchen was quite appealing as it allowed her to minimize unnecessary expenses on fixed assets that are not predominant in her lifestyle.

However, while co-living is gaining popularity among the younger population, it’s not for everyone. Some may find it difficult to live with others they don’t know, particularly when sharing common spaces and responsibilities like keeping the space clean, security concerns, and noise levels that they can’t control.

Number of Choices by Apartment Size

When searching for an apartment, understanding the number of choices available by size is key. Lexington, MA has a range of options when it comes to living spaces, ensuring that there is something for everyone.

For those looking for a quaint living situation, one-bedroom apartments make up roughly 43% of the options on the market. These units typically come in at around 700-900 square feet and offer an affordable option for those who want to live in town but don’t need much space.

On the other hand, two-bedroom apartments account for about 47% of the available units in Lexington. Those searching for a roommate or small family will find these units to be suitable. The living areas are usually larger, averaging approximately 1,000-1,300 square feet. They offer plenty of room for both privacy and entertaining guests.

Three-bedroom apartments make up about 8% of the total inventory available in Lexington MA. These larger units usually include more than one bathroom and greater square footage than their counterparts. They accommodate families perfectly or act as shared space between roommates.

For those not requiring too much space but needing more than one bedroom, some buildings may offer smaller two-bedroom units with less square footage. They can be a good alternative if budget constraints dictate your choice.

When choosing between unit sizes, it’s important to take into account rental prices along with personal needs. As some prefer location over living space while others prioritize amenities with their apartment buildings.

A smaller unit may provide more significant proximity to public transportation or local businesses while staying within your price range without compromising on your lifestyle preferences.

Alternatively, bigger units are like buying a new car instead of used – you get everything you want but at a steeper price point. Therefore, it’s essential not to choose the largest unit size unless you can afford it comfortably.

Many apartment buildings offer a mix of sizes that can help residents find what they need in one location. For example, Lexington Square Apartments provides studio, one-bedroom, and two-bedroom units on-site with access to amenities like a gym and outdoor pool.

Overall, the number of choices by apartment size in Lexington MA allows renters to find the perfect living situation that fits their needs and budget. Whether searching for a quaint one-bedroom or spacious three-bedroom, residents have options. By taking into account factors like rental prices and personal preferences for amenities, finding your dream apartment in Lexington is achievable.