
Cheap Apartments for Rent in Fairmont, MN from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairmont.


54 Cottage St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

109 4th Ave SE

Bunting Lane Apartments

Eytcheson Estates Sherburn

Deer Creek Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Highland Hills Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Fairmont, MN Local Guide

How much does it cost to rent an apartment in Fairmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairmont Studio Apartments | $1,088 | $965 | $1,315 |
Fairmont 1 Bedroom Apartments | $1,121 | $625 | $1,775 |
Fairmont 2 Bedroom Apartments | $1,426 | $682 | $3,725 |
Fairmont 3 Bedroom Apartments | $1,516 | $1,015 | $2,095 |
Fairmont 4 Bedroom Apartments | $1,247 | $1,100 | $1,880 |
Browse Top Apartments in Fairmont
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Fairmont, MN Local Guide
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Cheapest Available Fairmont Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairmont, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $450. Bunting Lane Apartments in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. Here is today’s list of the most affordable Fairmont apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
Bunting Lane Apartments | Random Roommate Included! | 2BR,2BA | $682 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $949 |
Best Value Apartments for Rent in Fairmont, MN and Nearby
As of May 10, 2025 the best value apartment in the Fairmont area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the North Industrial Mankato neighborhood starting from $2,095. The second greatest value Fairmont apartment is the 3 Bed 2 Bath Townhome Model at Tallgrass Village Apartments & Townhomes starting at $1,730 with a $1.19 price per square foot . Here is today’s list of the best values for Fairmont apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
Tallgrass Village Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.19 |
Eagle Ridge Townhomes | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.75 |
Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.29 |
201 Pilgrim St | 2 Bedroom | 2BR,2BA | $1.08 |
Ashley Estates | 2 Bedroom - b | 2BR,2BA | $1.19 |
Deer Creek Apartments | 1 Bed 1 Bath + Den Apartment | 1BR,1BA | $1.08 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
923 E Blue Earth Ave | 923 E Blue Earth Ave | 1BR,1BA | $0.96 |
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Getting Around Fairmont, MN
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fairmont Apartments
What is the Cheapest Studio apartment in Fairmont?
Currently the most affordable Cheap Studio Apartment in Fairmont is at Woodside Apartments listed at $1,055.
How much is rent for a Cheap One Bedroom Fairmont Apartment?
The lowest price for a Cheap One Bedroom Fairmont Apartment is $450 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Fairmont Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairmont is starting from $650 at Burt 18-Unit (Countryside Properties).
What is the most affordable Fairmont Three Bedroom Apartment?
The best deal on a cheap Fairmont Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,015.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.