Cheap Apartments for Rent in Lexington, MN
3 rentals
Use arrow keys to navigatePET FRIENDLYFURNISHED$1,190 - $2,315/mo
Studio-3 Beds
1-2 BathsLexington Lofts Apartment Community | 9001 Griggs Ave,
Circle Pines, MN 55014
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Apartments For Rent Near Lexington, MN
We found 30 more apartments matching your filters just outside Lexington
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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.
| Month | Average 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 |
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.
- What are the cheapest months to find an apartment to rent in Lexington, MN?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,350 per month.
- How many cheap apartments are available in Lexington, MN?There are 2 apartments to rent that are cheaper than the city’s average rent of $1,653.
- 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.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Lexington, MN - 5,295 Rentas | Trulia