What is the average apartment size in Lexington?

The average size for a Lexington, MN apartment is 835 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lexington?

As of Jan / 2026, the average rent in Lexington is $1,772 per month, a N/A from last years average of .

How much does rent cost by apartment size in Lexington?

In Lexington, studios rent for $1,106 per month, one-bedroom units average $1,489 per month, two-bedrooms cost around $1,974 per month.

What is the average apartment size in Lexington?

The typical apartment in Lexington offers about 835 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Lexington?

Studio apartments in Lexington average 425 sq. ft., one-bedrooms offer 671 sq. ft., two-bedrooms are about 938 sq. ft.

Lexington, MN Rental Market Trends

Q: What's the typical rent budget in Lexington?

The typical rent budget in Lexington ranges from $1,501 to $2,000 per month, with 51% of rentals in this range.

Q: Do most people rent or own in Lexington?

In Lexington, 47% of households rent while 53% own their homes, based on the latest U.S. Census data.

Last updated: February 27, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lexington is $1,772, a N/A compared to the previous year, when the average rent was .

Studio Apartments at $1,106 offer the most budget-friendly option with 425 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 671 square feet for $1,489, balancing privacy and affordability.

Two-beedroom units at $1,974 offer 938 square feet, perfect for roommates or small families.

Average rent in Lexington, MN

Last updated: February 27, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,772	835 sq. ft.
Studio	$1,106	425 sq. ft.
1 Bed	$1,489	671 sq. ft.
2 Beds	$1,974	938 sq. ft.
3 Beds	n/a	n/a

Lexington, MN rent trends

What's the typical rent budget in Lexington, MN?

The largest share of rentals in Lexington, MN (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lexington, MN?

518 or 47% of the households in Lexington, MN are renter-occupied while 584 or 53% are owner-occupied.

How Lexington Compares to Other Cities

City	Average Rent
Minneapolis	$1,687
St. Paul	$1,515
Moorhead	$1,081
Rochester	$1,642
St. Louis Park	$1,776
Bloomington	$1,676
Edina	$1,849
St. Cloud	$1,163
Minnetonka	$1,953
Burnsville	$1,576
Plymouth, MN	$1,700
Coon Rapids	$1,477
Hopkins, MN	$1,598
Maplewood	$1,447
Brooklyn Park	$1,335
Maple Grove, MN	$2,173
Anoka	$1,374
West St. Paul	$1,338
Golden Valley	$1,863
Brooklyn Center, MN	$1,323
Lexington	$1,772

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lexington apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.