Apartments For Rent in Lexington, MN

3 rentals

Apartments For Rent Near Lexington, MN

We found 30 more apartments matching your filters just outside Lexington

What Locals Say about Lexington

  • Kelsey S.
    "It’s a friendly neighborhood with a small farmers market. Certainly a safe place to live. Local restaurants near by."
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  • Unspecified
    "There is a terrific dog park near by. There are many dog owners living in the area and I see them walking there dogs regularly. "
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  • Jes77mo2 4. c.
    "I am fortunate because I just work on the other side of town so my commute is only 15min depending on all the stoplights."
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Average Rent Trends in Lexington, MN

Rent in Lexington, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Nov 2025$1,350
Dec 2025$1,350
Jan 2026$1,295
Feb 2026$1,350
Mar 2026$1,470
Apr 2026$1,375
May 2026$1,505
Jun 2026$1,620
Jul 2026$1,425
Aug 2026$1,628
Sep 2026$1,632
Oct 2026$1,623
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,524$1,691$2,333$2,400$1,653
Apartments and Condos—$1,250——$1,250
Houses———$2,400$2,400
See more information about local market trends in Lexington, MN

Frequently Asked Questions about Rentals in Lexington, MN

  • What is the average rent of an apartment in Lexington, MN?
    The average rent of an apartment in Lexington, MN is $1,583 per month. This is about 19% lower than the national average.
  • When is the average rent cheapest in Lexington, MN?
    In the last year, the average rent in Lexington, MN was lowest in Jan 2025 when it was $1,350 per month.
  • When is the average rent most expensive in Lexington, MN?
    In the last year, the average rent in Lexington, MN was highest in May 2025 when it was $1,750 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lexington, MN?
    The average rent of a 1 bedroom apartment in Lexington, MN is $1,524 per month. That is about $224 more than the cost of a studio apartment.
  • How many available rental listings are in Lexington, MN?
    There are 5 available rental listings in Lexington, MN.
  • What are some cities near Lexington, MN?
    Some nearby cities include: Circle Pines, Mounds View, Blaine, Spring Lake Park, Shoreview. These cities may have more rental options to explore.

Browse Lexington, MN homes by type

View this page in Spanish: Apartamentos en renta en los alrededores de Lexington, MN - 5,395 Rentas | Trulia