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Lexington, MN
Full City Profile · Minnesota · Ramsey County County
3.1
/5.0
B
Good
2,616
Population
3,791/sq mi density
$72,955
Median Income
$36,494 per capita
$282,000
Home Value
$311,382 Zillow
$1,462
Median Rent
30.7% income on rent
47°F
Avg Temperature
270 sunny days/yr
182
Violent Crime/100K
3,329 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$72,955 median income, 3.6% unemployment
A+
Affordability
4.5 / 5.0
$282,000 home value, $1,462/mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Housing Overview
Median Home Value
$282,000
0% below
US avg: $281,900
Median Rent
$1,462/mo
26% above
US avg: $1,163/mo
Homeownership Rate
53.0%
19% below US avg (65.4%)
Total Housing Units
1,063
Median year built: 1974
Home Value by Source
Census Median
$282,000
Zillow (ZHVI)
$311,382
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.0%
Owner-Occupied
47.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,462/mo
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
53.0%
Complete Housing Data
Home Values
| Census Median Value | $282,000 |
| Zillow Home Value (ZHVI) | $311,382 |
Rent
| Census Median Rent | $1,462 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 53.0% |
| Renter-Occupied | 47.0% |
| Homeownership Rate | 53.0% |
| Total Housing Units | 1,063 |
| Median Year Built | 1974 |
| Rent Burden | 30.7% |