What's the average rent in Lexington, MN?

Rental Market Trends in Lexington, MN

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 typeAverage 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.

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.
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