8956 Griggs Ave
Circle PinesMN55014
Cheap Homes for Rent in Lexington, MN from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
1690 MN-36
RosevilleMN55113
5655 Brandlwood Ct
St. PaulMN55110
2800 Hamline Ave N
RosevilleMN55113
10342 Lever St NE
Circle PinesMN55014
5800 N Girard Ave
MinneapolisMN55430
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
3113 Central Ave NE
MinneapolisMN55418
4540 Tyler St NE
MinneapolisMN55421
949 Old Steine Cir
New BrightonMN55112
137 Skyline Dr
St. PaulMN55127
11418 5th Pl NE
BlaineMN55434
125 113th Square NE
BlaineMN55434
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
649 Old Hwy 8
New BrightonMN55112
Showing Results 1-13, Page 1 of 1
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 | $1,875 | $1,400 | $3,305 |
| Lexington 3 Bedroom Homes for Rent | $2,588 | $1,685 | $4,250 |
| Lexington 4 Bedroom Homes for Rent | $2,890 | $1,695 | $4,400 |
| Lexington 5 Bedroom Homes for Rent | $3,510 | $2,850 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lexington
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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 $790. 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 |
|---|---|---|---|
| 89 Lexington Lakes | Studio | Studio,1BA | $790 |
| Centennial Plaza Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,145 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1,150 |
| The Ephesians at Lexington | Bergen | Studio,1BA | $1,190 |
| Royal Oaks Apartments | 1 Bed Balcony - Wooded | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Lexington, MN and Nearby
As of March 11, 2026 the best value apartment in the Lexington area is the $1.73 price per square foot Reed Model at Foxtail Hollow Townhomes in the in the Johnsville neighborhood starting from $3,548. The second greatest value Lexington apartment is the 3 Bedroom Model at The Parkshore Apartments of Arden Hills starting at $2,300 with a $1.57 price per square foot in the Downtown New Brighton 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 | 3BR,2.5BA | $1.73 |
| The Parkshore Apartments of Arden Hills | 3 Bedroom | 3BR,2BA | $1.57 |
| Woodland North Apartments | 3 BEDROOM | 3BR,2BA | $1.36 |
| Ridgewood Apartments | 2 Bedroom Walk in Closet REMODEL | 2BR,1BA | $1.50 |
| Oak Hills Manor - Ages 55+ | Oak Hills Manor, Large 2 bed, 1 bath. | 2BR,1BA | $1.55 |
| Silver Oaks Court Apartments | 2 BD / 1 BA | 2BR,1BA | $1.40 |
| Cottages of Spring Lake Park - 55+ Community | 2 Bedroom | 2BR,1BA | $1.44 |
| The Legends of Spring Lake Park 55+ Living | One Bedroom - H | 1BR,1BA | $1.74 |
| Cloverleaf Park Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.67 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.64 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in Lexington, MN
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 54 Apartments for Rent in Lexington, MN with pricing that ranges from $800 to $2,800. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,400 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 $1,400 to $5,000 with an average monthly rent of $2,715.
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 $1,692 to $2,478, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,685 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,695 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.