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Lexington, OK Homes for Rent

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    $890 Per Month

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

    108 W Beech St Unit 108, Lexington, OK 73051

    Property Id: 2614915Two bed, one bath duplex available in Lexington. Lawncare is provided. This home has fresh paint and laundry hook ups in the unit. Roomy living room. Blinds are open so that you can go by and look into all the rooms to view majority of the home. Must complete our FREE pre-screen in order to schedule a tour. Small pets allowed with pet fee and monthly pet rent.

    (572) 742-7175

    108 W Beech St Unit 108, Lexington, OK 73051
  • /73

    $1,595 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Townhouse for Rent

    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

    12571 Us-77, 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 $1,242 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and 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 $49,680 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 $1,242 per month in Lexington, OK, renters typically need to show $3,726 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 13.4, 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, University of Oklahoma, Southwest Norman and Alameda, each with its own character and price range.

Rental Trends in Lexington, OK

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,242
Median Single Family Home Rent
$1,338
Median Townhouse Rent
$1,595
Median Condo Rent
$890
How to Rent a Home