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 August 2025, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 39.3% ($485) lower than the Nebraska average of $1,233 and 58.2% ($1,042) lower than the U.S. average of $1,790.

Average Rent

$748

Monthly ChangeMonth Over Month Change

0.8% ($6)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$602	0.2% ($1)	No change
2 Beds	$755	0.9% ($7)	No change
3 Beds	$932	7.5% ($76)	No change

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.

What is the average rent in Lexington, NE?

The average rent in Lexington, NE is $748 per month.

What is the rental price range for homes in Lexington, NE?

Homes in Lexington typically rent for between $600 and $1,212 per month, with an average of $748 per month.

What is the average rent for different bedroom sizes in Lexington, NE?

In Lexington, the average rent for a 1-bedroom home is $602 per month, for a 2-bedroom home, $755 per month, and a 3-bedroom home is $932 per month.

How do rent prices in Lexington, NE compare with the national average?

The average rent in Lexington is 58.2% ($1,042) lower than the national average of $1,790 per month.

How competitive is the rental market in Lexington, NE?

The rental market in Lexington, NE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lexington, NE?

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.

How many rental properties are available in Lexington, NE?

There is currently 1 rental property available in Lexington, NE.

Can I afford to rent a home in Lexington, NE?

Based on the current averages, a household would need an annual income of $30,200 to comfortably afford a 2-bedroom home in Lexington.