4500 Tyler St NE
MinneapolisMN55421
Cheap Homes for Rent near Lexington, MN from $1,650 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
169 Skyline Dr
St. PaulMN55127
9992 Fillmore St NE
BlaineMN55434
137 Skyline Dr
St. PaulMN55127
345 Bankers 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.
4949 Jackson St NE
Columbia HeightsMN55421
431 Egret Blvd NW
MinneapolisMN55448
11163 4th St NE
BlaineMN55434
9774 Magnolia St NW
Coon RapidsMN55433
11422 4th St NE
BlaineMN55434
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.
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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 | $1,944 | $1,650 | $2,295 |
| Lexington 3 Bedroom Homes for Rent | $2,699 | $2,009 | $4,250 |
| Lexington 4 Bedroom Homes for Rent | $2,923 | $2,495 | $3,750 |
| Lexington 5 Bedroom Homes for Rent | $4,831 | $2,995 | $6,500 |
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 Studio unit found at 89 Lexington Lakes in the Crescent Ponds Heritage neighborhood priced from $800. James Manor Apartments in the Long Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 89 Lexington Lakes | Studio | Studio,1BA | $800 |
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1,000 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Lexington, MN and Nearby
As of September 08, 2026 the best value apartment in the Lexington area is the $1.53 price per square foot 3BD Townhome - Updated Flooring Model at Rice Creek Townhouses in the in the Fridley neighborhood starting from $1,835. The second greatest value Lexington apartment is the 2 Bed/ 2 Bath Model at Cloverleaf Park starting at $1,699 with a $1.61 price per square foot in the Oak Park 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. |
|---|---|---|---|
| Rice Creek Townhouses | 3BD Townhome - Updated Flooring | 3BR,1.5BA | $1.53 |
| Cloverleaf Park | 2 Bed/ 2 Bath | 2BR,2BA | $1.61 |
| Landings of Lexington | Two Bedroom A | 2BR,2BA | $1.64 |
| Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.60 |
| MV Apartments | 2 Bedroom Remodel | 2BR,1BA | $1.49 |
| Woodland North Apartments | 2 BEDROOM A | 2BR,1BA | $1.33 |
| Oak Hills Manor | 1 Bedroom | 1BR,1BA | $1.66 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1.66 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.71 |
| 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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 55 Apartments for Rent in Lexington, MN with pricing that ranges from $890 to $3,005. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,650 to $6,500.
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 $1,650 to $6,500 with an average monthly rent of $2,710.
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 $1,659 to $2,629, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,009 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,495 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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.