How Many Residents Rent Homes in Lexington?

LEXINGTON, MA—Lexington residents live in homes both big and small, but how many residents rent homes as opposed to owning them?

According to data from the American Community Survey, 18.1 percent of residents rent homes in Lexington. This figure is significantly lower than the percentage in Middlesex County (37.5 percent), the Greater Boston Metro area (38.5 percent) and the Commonwealth as a whole (37.7 percent).

Residents are paying more monthly rent then their counterparts across the state. 60.1 percent of residents are paying over $1,500 per month in monthly rent, a figure more than 22 percentage points higher than the county total of 38 percent and 28 percent greater than the Greater Boston Area total of 32.1 percent.