The maintainability of source code is a key quality characteristic for software quality. Many approaches have been proposed to quantitatively measure code maintainability. Such approaches rely heavily on code metrics, e.g., the number of Lines of Code and McCabe’s Cyclomatic Complexity. The employed code metrics are essentially statistics regarding code elements, e.g., the numbers of tokens, lines, references, and branch statements. However, natural language in source code, especially identifiers, is rarely exploited by such approaches. As a result, replacing meaningful identifiers with nonsense tokens would not significantly influence their outputs, although the replacement should have significantly reduced code maintainability. To this end, in this paper, we propose a novel approach (called DeepM) to measure code maintainability by exploiting the lexical semantics of text in source code. DeepM leverages deep learning techniques (e.g., LSTM and attention mechanism) to exploit these lexical semantics in measuring code maintainability. Another key rationale of DeepM is that measuring code maintainability is complex and often far beyond the capabilities of statistics or simple heuristics. Consequently, DeepM leverages deep learning techniques to automatically select useful features from complex and lengthy inputs and to construct a complex mapping (rather than simple heuristics) from the input to the output (code maintainability index). DeepM is evaluated on a manually-assessed dataset. The evaluation results suggest that DeepM is accurate, and it generates the same rankings of code maintainability as those of experienced programmers on 87.5% of manually ranked pairs of Java classes.