A recessed, adjustable, low voltage track light is shown comprising a recess housing made of any suitable material, and having one or more low voltage lighting rails fixed, or adjustably mounted, within the housing. One or more low voltage lamps can be mounted to the lighting rail or rails anywhere along their linear length. A low voltage power supply is electrically connected to the lighting rail or rails. The low voltage power supply may be mounted within or without the housing. The housing may be installed within a ceiling or wall cavity, or be suspended in space.