Lexington, MN rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Lexington, MN is $1,415.
$1,415
+$65
-$5
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,220 to $2,550.
| Rent price | Number of rental properties |
|---|---|
| $1,200 | 2 |
| $1,400 | 1 |
| $1,900 | 1 |
| $2,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $5 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,566 | $1,350 |
| Feb | $1,500 | $1,500 |
| Mar | $1,884 | $1,350 |
| Apr | $1,345 | $1,495 |
| May | $1,300 | $1,750 |
| Jun | $1,499 | $1,495 |
| Jul | $1,399 | $1,350 |
| Aug | $1,420 | $1,415 |
| Sep | $1,803 | No data |
| Oct | $1,295 | No data |
| Nov | $1,295 | No data |
| Dec | $1,350 | No data |
Market temperature
The Lexington, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Lexington, MN is 33% lower than the national average.
$1,415
$2,100
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Frequently asked questions
1. What is the average rent in Lexington, MN?
The average rent in Lexington, MN is $1,415.
2. How much does it cost to rent a house in Lexington, MN?
Houses in Lexington, MN rent between $1,220 - $2,550 with an average rent of $1,415.
3. How has the rent in Lexington, MN changed in the last year?
In the last year, the rent in Lexington, MN decreased by $5
4. How much has the rent in Lexington, MN increased/decreased in the last month?
In the last month, the rent in Lexington, MN increased by $65
5. How many available rentals are there in Lexington, MN?
There are currently 5 rentals available in Lexington, MN.
6. How do rent prices in Lexington, MN compare with the national average?
The average rent in Lexington, MN is $1,415 — 32.62% lower the national average of $2,100.