Rental market snapshot for Lexington, Minnesota
Lexington, Minnesota Rental Property Market Overview
Lexington, Minnesota is a small city located in the state of Minnesota. According to the US Census, the population of Lexington is 2,460 as of 2021. Lexington is a rural community with a variety of outdoor activities and attractions, including a golf course, a lake, and a park. The city is known for its friendly atmosphere and its commitment to preserving its natural beauty. Lexington is a great place to live and raise a family, and its small-town charm makes it a great place to visit.
The average rent for an apartment in Lexington is $1,814. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Lexington Minnesota | Cost of Living
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Lexington ZIP codes with the highest, most expensive rent
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Live near Lexington, Minnesota's Top Sights and Attractions
Lexington Memorial Park is a beautiful outdoor destination located in the heart of Minnesota. It features a variety of recreational activities, including walking trails, picnic areas, playgrounds, and a fishing pond. The park also has a memorial to honor those who have served in the military. Visitors can enjoy the peaceful atmosphere of the park and take in the stunning views of the surrounding countryside.
Lexington, Minnesota area median rent change by ZIP code map
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How does Lexington compare to other cities in Minnesota?
| city | median price |
|---|---|
| Victoria | $3,150 |
| North Branch | $2,295 |
| Hanover | $1,972 |
| Hopkins | $1,625 |
| Big Lake | $1,395 |
| Northfield | $1,350 |
| Waite Park | $1,160 |
| Worthington | $865 |
Average household income in Lexington area graph - US Census
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The median household income in Lexington in 2021 was $69,318. This represents a 32.2% change from 2011 when the median was $52,422.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.2% |
| 1 | $10,000 to $14,999 | 1.1% |
| 2 | $15,000 to $19,999 | 4.3% |
| 3 | $20,000 to $24,999 | 4.5% |
| 4 | $25,000 to $29,999 | 4.4% |
| 5 | $30,000 to $34,999 | 4.6% |
| 6 | $35,000 to $39,999 | 9.1% |
| 7 | $40,000 to $44,999 | 5.3% |
| 8 | $45,000 to $49,999 | 2.4% |
| 9 | $50,000 to $59,999 | 10.4% |
| 10 | $60,000 to $74,999 | 9.5% |
| 11 | $75,000 to $99,999 | 14.3% |
| 12 | $100,000 to $124,999 | 8.7% |
| 13 | $125,000 to $149,999 | 9.6% |
| 14 | $150,000 to $199,999 | 6.1% |
| 15 | $200,000 or more | 2.5% |
Neighborhoods in Lexington
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