Housing & Real Estate — Lexington, Minnesota

Overview

Total Housing Units1,196
Occupied1,102
Vacant94
Owner-Occupied584
Renter-Occupied518
Median Home Value (Census)$289,800
Estimated 2026~$309,000
Median Rent$1,462/mo
Median Property Tax$3,358/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income23.3%
Severely Rent-Burdened32.6%

Housing Age

Built 2010 or later275
Built 2000-200946
Built 1990-199977
Built before 1960356
Median Year Built1974
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.