What's the average rent in Lexington, MN?
Rental Market Trends in Lexington, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Lexington, MN is $1,632 per month, which is 16% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,632
2.0%$32 increase month-over-month
15.3%$217 increase year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,405 |
| 2 Bedrooms | $1,425 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | — |
| All | $1,632 |
As of June 2026, the average rent for a 1 bedroom rental in Lexington, MN is $1,405 per month, followed by $1,425 for a 2 bedroom rental, and $1,650 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,399 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | — |
| All | $1,399 |
As of June 2026, the average rent for a 2 bedroom apartment in Lexington, MN is $1,399 per month, followed by $1,650 for a 3 bedroom apartment.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +8% compared to the previous year, which is a +$126 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,365 to $1,755.