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Rent in Lexington, NE

A 2-bedroom in Lexington, NE (ZIP 68850) typically rents for about $936 a month, with a range of $936–$1,074. Owner-occupied homes in Dawson County pay about 1.31% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Lexington, NE by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$573$573–$7781
1 bed$718$718–$8831
2 beds$936$936–$1,0741
3 beds$1,071$1,071–$1,3551
4 beds$957$957–$1,4121

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Lexington ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lexington, NE?
About $936 a month: the median of the typical rents in 1 ZIP code, which range from $936–$1,074. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lexington, NE?
About $718 a month: the median of the typical rents in 1 ZIP code, which range from $718–$883. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lexington, NE?
About $1,071 a month: the median of the typical rents in 1 ZIP code, which range from $1,071–$1,355. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lexington, NE?
About $573 a month: the median of the typical rents in 1 ZIP code, which range from $573–$778. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lexington, NE?
About $957 a month: the median of the typical rents in 1 ZIP code, which range from $957–$1,412. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Lexington, NE?
Owner-occupied homes in Dawson County pay a typical 1.31% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Lexington rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).