Rentometer, Inc. | Data as of 12/05/2025
Lexington, Nebraska offers a welcoming rental market that blends small‑town charm with modern convenience. While the city’s housing stock is dominated by apartments, renters can find a range of layouts that suit single professionals, couples, and small families alike. One‑bedroom units typically fall within the $1150s, while two‑bedroom apartments command around the $1350 range, providing affordable options compared to larger metropolitan areas.
The city’s neighborhoods each bring a distinct character to the rental experience. Downtown Lexington features historic brick streets, boutique shops, and easy access to the iconic Lexington City Hall and the vibrant Main Street Arts District. Families often gravitate toward the quiet streets near Pioneer Park and the well‑maintained properties surrounding the Lexington State College campus, where the proximity to educational facilities adds extra convenience. For those who enjoy outdoor recreation, the nearby Lexington Lake and the extensive trail system in the surrounding prairie provide ample opportunities for hiking, fishing, and community events.
Overall, Lexington’s rental market is marked by steady demand, a blend of contemporary apartment amenities, and a welcoming community atmosphere. Prospective renters appreciate the balance of affordable pricing, local amenities, and the city’s reputation for safety and strong community ties. Whether you’re a student, a young professional, or a growing family, Lexington, Nebraska presents a compelling place to call home while enjoying the benefits of a vibrant, yet relaxed, Midwestern lifestyle.
| 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.