Cheap Apartments for Rent in Lexington, MN
5 rentals
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Studio-3 Beds
1-2 BathsLexington Lofts Apartment Community | 9001 Griggs Ave #1-205,
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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PET FRIENDLY$670 - $1,600/moStudio-2 Beds0-2 BathsThe Commons | 8201 College Trl #1e7a22462,
Inver Grove Heights, MN 55076
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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 decreased in Apr 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,750 |
| Jun 2025 | $1,495 |
| Jul 2025 | $1,350 |
| Aug 2025 | $1,415 |
| Sep 2025 | $1,415 |
| Oct 2025 | $1,350 |
| Nov 2025 | $1,350 |
| Dec 2025 | $1,350 |
| Jan 2026 | $1,295 |
| Feb 2026 | $1,350 |
| Mar 2026 | $1,467 |
| Apr 2026 | $1,375 |
Average Rent By Bedroom and Home Type
In May 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 | $1,560 | $1,375 | $1,900 | $2,295 | $1,425 |
| Apartments and Condos | — | $1,375 | $1,600 | — | $1,375 |
| Houses | — | — | — | $2,295 | $2,295 |
Frequently Asked Questions about Rentals in Lexington, MN
- What is the average rent in Lexington, MN?The average rent in Lexington, MN is $1,508. Rent prices range from $1,255 to as much as $1,900, depending on the type of rental.
- How does the rent in Lexington, MN compare to the national average?Average rent in Lexington, MN is about 21% lower than the national average rent of $1,910. That means it is less expensive to rent in Lexington compared to the U.S. average.
- What is the average rent in Lexington, MN, by number of bedrooms?The average rent in Lexington, MN is $1,249 for a studio, $1,405 for a 1 bedroom, $1,375 for a 2 bedroom, $1,900 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in Lexington, MN changed compared to last year?In the past year, the average rent price in Lexington, MN has decreased by $242. That means the average rent is 16% lower than last year.
- How many available rental listings are in Lexington, MN?There are 7 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.