Homes & Apartments for Rent in Lexington, NE

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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

As of June 2026, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 5.2% ($73) lower than the Nebraska average of $1,396 and 26.4% ($474) lower than the U.S. average of $1,797.

Average Rent
$1,323
Monthly ChangeMonth Over Month Change
Increased1% ($13)
Yearly ChangeYear Over Year Change
Increased76.9% ($575)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,174 Increased0.3% ($3) Increased95% ($572)
2 Beds $1,413 Increased0.3% ($4) Increased87.2% ($658)
3 Beds $1,632 Increased0.3% ($5) Increased75.1% ($700)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lexington Rental Market FAQs

Explore rental prices, market trends, and availability in Lexington, NE.

The average rent in Lexington, NE is $1,323 per month.
Homes in Lexington typically rent for between $822 and $2,122 per month, with an average of $1,323 per month.
In Lexington, the average rent for a 1-bedroom home is $1,174 per month, for a 2-bedroom home, $1,413 per month, and a 3-bedroom home is $1,632 per month.
The average rent in Lexington is 26.4% ($474) lower than the national average of $1,797 per month.
The average rent in Lexington has increased by 1.0% ($13) in the last month and increased by 76.9% ($575) over the past year.
The rental market in Lexington, NE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lexington, NE, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 9 rental properties available in Lexington, NE.
Based on the current averages, a household would need an annual income of $56,520 to comfortably afford a 2-bedroom home in Lexington.
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