Lexington, MN Real Estate

According to census data in the year 2000 there were 878 housing units in Lexington. This represents a 0.5% growth from 874 in 1990.

Of those housing units, 878 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lexington is about 70.8%. Lexington's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Lexington were built after 1968.


Housing Size

Housing Units by Size
Studio Type4.70%
One Bedroom9%
Two Bedrooms33.80%
Three Bedrooms37.60%
Four Bedrooms13.20%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1966
Median Value of occupied units$104,100
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1969
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage16%
Home Equity Loan9%
Simple Mortgage57.10%
Debt Free17%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%