5

Lexington, OK Homes for Rent

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  • /17

    $895 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • House for Rent

    112 W Beech St, Lexington, OK 73051

    Property Id: 2731780 Discover your new home in this charming two-bedroom, one-bathroom duplex located in the heart of Lexington. This property has been refreshed with new paint throughout, offering a clean and inviting atmosphere. The unit features a spacious, roomy living room perfect for relaxing or entertaining, and the convenience of dedicated laundry hookups right inside your home.

    112 W Beech St, Lexington, OK 73051
  • /14

    $1,175 Per Month

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • House for Rent

    313 Owens St, SLAUGHTERVL, OK 73051

    Property Id: 2734296 Welcome to your dream home at 313 Owens St in Lexington! This charming 3 bed, 2 bath manufactured home features modern amenities including a dishwasher, stove, refrigerator, and washer/dryer hookups. Enjoy the convenience of a central location with a spacious driveway. Pets are welcome, no deposit required. Don't miss out on this beautiful home available for $1175/month

    313 Owens St, SLAUGHTERVL, OK 73051
  • /4

    $1,000 Per Month

    • 1 Bath
    • 850 Sq Ft
    • House for Rent

    102 E Broadway St Unit A, Lexington, OK 73051

    Now Available for Lease!Looking for a unique space with character and flexibility? This charming studio offers the perfect blend of historic charm and modern convenience. Located above the new laundromat, this versatile space is ideal as a cozy studio apartment, private office, creative workspace, or small business suite.Featuring beautiful original hardwood floors, stunning exposed brick

    Ryan Modisette Baca Realty Group LLC

    102 E Broadway St Unit A, Lexington, OK 73051
  • /73

    $1,595 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 12571 Highway 77 - 103

    12571 Us-77, Lexington, OK 73051

    Discover your perfect blend of comfort and convenience in this brand-new Barndo-Style Townhome with 3 bedrooms, 2.5-bathrooms + an extra upstairs loft space! Enjoy an open-concept layout with contemporary finishes, spacious bedrooms, and an oversized private garage—perfect for storage, hobbies, or extra parking. Includes a pantry and has washer/dryer hook ups in the garage area! All floors on

    12571 Us-77, Lexington, OK 73051
  • /4

    $1,000 Per Month

    • 1 Bath
    • 850 Sq Ft
    • House for Rent

    102 E Broadway St Unit B, Lexington, OK 73051

    Newly Renovated Studio Apartment for RentBe the first to enjoy this beautifully renovated studio apartment, offering the perfect blend of modern updates and historic charm. Featuring original hardwood floors, exposed brick accents, and a bright, open layout, this space is ideal for comfortable living or a quiet home office.Conveniently located with private access behind the laundromat,

    Ryan Modisette Baca Realty Group LLC

    102 E Broadway St Unit B, Lexington, OK 73051

Why Live in Lexington

Lexington, Oklahoma, is a small city with a rural feel, located along the Canadian River. It offers residents a sense of seclusion while still being accessible to major highways and metropolitan areas like Norman and Oklahoma City, which are within 40 miles. Homes in Lexington range from mid-20th to early 21st-century styles, including bungalows, ranch, and shotgun homes, many of which have been modernized with new roofing, flooring, and paint. The area is known for its ample acreage, with homes typically sitting on quarter to half-acre lots, and some farms offering up to 2 acres for true ranch living. Off-street parking is common, with driveways, carports, or two-car garages. Green space is primarily farmland and spacious yards, but Charlie McCown Park provides a playground, walking path, picnic tables, and a splash pad for outdoor recreation. Retail options are limited, with essential stores like Dollar General and local eateries such as Eagle One Pizza and HomeTown Deli. For more extensive shopping, residents travel 3.5 miles to Purcell. Lexington schools are undergoing renovations, including new classrooms and future plans for additional facilities. The city is connected to Highways 77, 74, and 39, providing access to medical services in Purcell and the University of Oklahoma in Norman, 15 miles away. Will Rogers World Airport is 38.5 miles from Lexington, and an Amtrak station in Purcell is just 1.5 miles west. Lexington celebrates its history with annual events like 89ers Day and the Fall Festival, featuring parades, live music, and community activities.

Frequently Asked Questions

How much does it cost to rent a home in Lexington, OK?
The median rent for a home in Lexington, OK is $1,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Lexington, OK?
To comfortably afford the median rent in Lexington, OK, a household needs to earn roughly $40,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,000 per month in Lexington, OK, renters typically need to show $3,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lexington, OK?
In Lexington, OK, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lexington, OK are best for renting a home?
The best neighborhood for renting in Lexington, OK depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southeast Norman, Adkins Crossing, Southwest Norman, Larsh-Miller and Original Townsite, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,000
Median Single Family Home Rent
$1,000
Median Townhouse Rent
$1,595
How to Rent a Home