Rentometer, Inc. | Data as of 10/24/2025
Lexington, Nebraska offers a vibrant rental market primarily centered on well‑maintained apartment communities that cater to a range of lifestyle needs. Prospective renters will find a strong selection of one‑ and two‑bedroom units, with average rents hovering in the $1150 range for one‑bedroom apartments and the $1300 range for two‑bedroom homes. These price points reflect the city’s balanced blend of affordability and quality, making Lexington an attractive option for young professionals, families, and retirees alike. The median rents closely align with the averages, underscoring a consistent market where tenants can expect reliable pricing across the board.
Beyond the numbers, Lexington boasts a welcoming small‑town atmosphere enriched by historic downtown charm, local eateries, and community events that foster a tight‑knit neighborhood feel. Residents enjoy easy access to the iconic Lexington County Fairgrounds and the scenic walking trails along the Salt Creek, providing both recreation and cultural experiences without the hustle of larger metros. The city’s strategic location near major highways also ensures convenient commuting options for those working in nearby Lincoln or Grand Island.
With a focus on apartment living, the rental inventory includes modern amenities such as on‑site fitness centers, pet‑friendly policies, and updated appliances, catering to a diverse tenant base. Whether you’re seeking a cozy one‑bedroom retreat close to downtown attractions or a spacious two‑bedroom apartment for a growing family, Lexington’s rental landscape delivers a blend of comfort, convenience, and community spirit that stands out in Nebraska’s housing market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,153 | $1,125 | $1,099 - $1,275 | $1,100 - $1,195 |
| Apartment | 2 Bedroom | $1,363 | $1,337 | $1,174 - $1,699 | $1,215 - $1,420 |
In the current period, the average rent in Lexington was
$1,153 for 1 Bedroom, and
$1,364 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.