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Homes & Apartments for Rent in Lexington, NE 68850

Showing 7 rentals in 68850, then 2 more within 25 miles, nearest first.
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What to Know About

Life in Lexington & Beyond

Lexington shares many of the great qualities that make Nebraska a desirable place to live.

Nebraska is renowned for its rolling prairies, flat grasslands, and warm hospitality. Get ready to step back and explore the state's rich heritage by visiting the state's Historical Society Museum, the Chimney Rock National Historic Site, the Scott's Bluff National Monument, and the Fort Robinson State Park. Major universities in Nebraska include the University of Nebraska-Lincoln, the University of Nebraska at Omaha, and Nebraska Wesleyan University, providing a wealth of academic opportunities.

Explore famous attractions like the Henry Doorly Zoo and Aquarium, the Pioneer Village, and the Strategic Air and Space Museum, each offering a unique experience. In addition, the state provides a wide range of outdoor recreation opportunities, from hiking and fishing in the summer to snow sports in the winter, offering something for everyone. Industries like agriculture, manufacturing, and technology drive Nebraska's economy, making it a hub of opportunity.

With its natural beauty, warm hospitality, strong economy, and cultural offerings, Nebraska is a great place to live for those who enjoy outdoor recreation, a unique Midwestern experience, and a unique blend of opportunities.

Rental Market Trends

Lexington, NE

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As of November 2026, Lexington's rental market is balanced, with rentals spending about 41 days on the market, slower than in Nebraska (33), and rents down 1.8% over the past year. Lexington's average rent is 6.8% ($89) lower than the Nebraska average of $1,301 and 40.5% ($824) lower than the U.S. average of $2,036.

Average Rent
$1,212
Monthly ChangeMonth Over Month Change
Decreased0.51% ($6)
Yearly ChangeYear Over Year Change
Decreased1.8% ($22)
Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,086 Decreased0.48% ($5) Decreased0.9% ($9)
2 Beds $1,295 Decreased0.78% ($10) Decreased1.0% ($13)
3 Beds $1,414 Decreased0.10% ($1) Decreased1.2% ($17)
Based on rentals advertised on RentalSource in and around Lexington.
Frequently Asked Questions
Lexington Rental Market FAQs

Explore rental prices, market conditions, and affordability in Lexington, NE.

The average rent in Lexington, NE is about $1,212 per month.
In Lexington, the average rent is about $1,086 per month for a 1-bedroom home, $1,295 for a 2-bedroom home and about $1,414 for a 3-bedroom home.
The average rent in Lexington is 40.5% ($824) lower than the national average of $2,036 per month.
The rental market in Lexington, NE is currently balanced, with rentals spending about 41 days on the market, slower than in Nebraska (33), and rents down 1.8% over the past year.
Based on the current averages, a household would need an annual income of $51,800 to comfortably afford a 2-bedroom home in Lexington.
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