5980 Anna Ave NE
MinneapolisMN55432
Cheap Homes for Rent near Lexington, MN from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
2800 Hamline Ave N
RosevilleMN55113
5723 Quincy St
Mounds ViewMN55112
4540 Tyler St NE
MinneapolisMN55421
50 115th Ln NE
MinneapolisMN55434
169 Skyline Dr
St. PaulMN55127
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1032 County B Rd W
RosevilleMN55113
3121 Roosevelt St NE
MinneapolisMN55418
5117 Washington St NE
MinneapolisMN55421
137 Skyline Dr
St. PaulMN55127
2229 Oriole Ave
New BrightonMN55112
560 Donegal Cir
ShoreviewMN55126
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
11163 4th St NE
BlaineMN55434
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Lexington, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $2,078 | $1,650 | $2,395 |
| Lexington 3 Bedroom Homes for Rent | $2,589 | $1,695 | $4,250 |
| Lexington 4 Bedroom Homes for Rent | $3,108 | $1,995 | $5,600 |
| Lexington 5 Bedroom Homes for Rent | $3,861 | $2,995 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1 Bed unit found at James Manor Apartments in the Long Lake neighborhood priced from $1,000. Greenfield Estates in the New Brighton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1,000 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1,150 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1,200 |
| Woodland North Apartments | 1 BEDROOM B | 1BR,1BA | $1,239 |
| Ridgewood Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Lexington, MN and Nearby
As of July 25, 2026 the best value apartment in the Lexington area is the $1.75 price per square foot Reed - Upgraded Model at Foxtail Hollow Townhomes in the in the Johnsville neighborhood starting from $3,583. The second greatest value Lexington apartment is the Three Bedroom B (Wheelchair Accessible) Model at The Legends of Blaine 55+ starting at $1,976 with a $1.50 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. |
|---|---|---|---|
| Foxtail Hollow Townhomes | Reed - Upgraded | 3BR,2.5BA | $1.75 |
| The Legends of Blaine 55+ | Three Bedroom B (Wheelchair Accessible) | 3BR,2BA | $1.50 |
| Landings of Lexington | Two Bedroom A | 2BR,2BA | $1.64 |
| Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.45 |
| Woodland North Apartments | 2 BEDROOM B | 2BR,1BA | $1.37 |
| Pine Manor Estates A 55+ Community | Maple | 2BR,1BA | $1.66 |
| Oak Hills Manor | 2 Bedroom | 2BR,1BA | $1.67 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1.66 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.64 |
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1.54 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 56 Apartments for Rent in Lexington, MN with pricing that ranges from $800 to $2,885. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,175 to $5,600.
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 $1,175 to $5,600 with an average monthly rent of $2,658.
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 $1,675 to $2,629, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,295.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.