
Cheap Homes for Rent in Lexington, MN from $1,100 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


9942 Cord St NE

22 111th Ln NE

11167 3rd St NE

129 112th Square NE

11417 5th St NE

128 115th Ln NE

107 112th Square NE

27 112th Ln NE

26 115th Ln NE

127 111th Square NE

602 78th Ave NE

56 West Rd

2245 Pinewood Dr

1872 111th Ave NE

10954 Johnson St NE

531 Pleasure Creek Dr

4338 Chatsworth Cir

12110 Vermillion St NE

170 Morgan Ln
Lexington, MN Local Guide

How much does it cost to rent a home in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington 2 Bedroom Homes for Rent | $2,020 | $1,150 | $2,600 |
Lexington 3 Bedroom Homes for Rent | $2,397 | $1,845 | $4,000 |
Lexington 4 Bedroom Homes for Rent | $3,009 | $2,299 | $4,300 |
Lexington 5 Bedroom Homes for Rent | $3,785 | $2,756 | $5,000 |
Lexington 6 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
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Lexington, MN Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, MN is a 2 Beds unit found at Oak Hills Manor - Ages 55+ in the Crescent Ponds Heritage neighborhood priced from $1,100. Centennial Plaza Apartments in the Crescent Ponds Heritage neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak Hills Manor - Ages 55+ | Oak Hills Manor, Large 2 bed, 1 bath. | 2BR,1BA | $1,100 |
Centennial Plaza Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,145 |
Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1,150 |
Woodland North Apartments | 1 BEDROOM HCP | 1BR,1BA | $1,168 |
Village Plaza | Studio now | Studio,1BA | $1,175 |
Best Value Apartments for Rent in Lexington, MN and Nearby
As of September 14, 2025 the best value apartment in the Lexington area is the $1.57 price per square foot 3 Bedroom Model at The Parkshore Apartments of Arden Hills in the in the Downtown New Brighton neighborhood starting from $2,300. The second greatest value Lexington apartment is the Three Bedroom B (Wheelchair Accessible) Model at The Legends of Blaine 55+ starting at $1,973 with a $1.49 price per square foot in the Crescent Ponds Heritage neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Parkshore Apartments of Arden Hills | 3 Bedroom | 3BR,2BA | $1.57 |
The Legends of Blaine 55+ | Three Bedroom B (Wheelchair Accessible) | 3BR,2BA | $1.49 |
Rice Creek Townhouses | 3BD Townhome - Updated Kitchen & Floors | 3BR,1.5BA | $1.60 |
The Legends of Spring Lake Park 55+ Living | Two Bedroom - B | 2BR,1BA | $1.35 |
Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.43 |
Woodland North Apartments | 2 BEDROOM B | 2BR,1BA | $1.48 |
Oak Hills Manor - Ages 55+ | Oak Hills Manor, Large 2 bed, 1 bath. | 2BR,1BA | $1.17 |
Cottages of Willow Ponds 55+ Senior Community | 2BD/1BTH | 2BR,1BA | $1.55 |
8996 Jackson Avenue, Unit A | 8996 Jackson Avenue | 2BR,1BA | $1.47 |
Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.64 |
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Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 55 Apartments for Rent in Lexington, MN with pricing that ranges from $780 to $3,908. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,150 to $5,000.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $1,150 to $5,000 with an average monthly rent of $3,041.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $1,595 to $3,730, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,845 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $2,295.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.