1 Bedroom Apartments for Rent in Faribault, MN (31 Rentals)

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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.

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Southgate Village
1 Bedroom Apartments

Southgate Village

1518 9th Ave SWFaribault, MN 55021
Senior Living
  • Utilities Included
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Pine Tree
1 Bedroom Apartments

Pine Tree

1700 14th St NEFaribault, MN 55021
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Southgate Village
1 Bedroom Apartments

Southgate Village

1522 9th Ave SWFaribault, MN 55021
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Two River Estates
1 Bedroom Apartments

Two River Estates

2426 Park Ave NWFaribault, MN 55021

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.

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Village Green
1 Bedroom Apartments

Village Green

810 Conliffe Ave SWFaribault, MN 55021
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18 7th St NW
1 Bedroom Apartments

18 7th St NW

18 7th St NWFaribault, MN 55021
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604 10th St SW
1 Bedroom Apartments

604 10th St SW

604 10th St SWFaribault, MN 55021
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4 3rd Ave SW
1 Bedroom Apartments

4 3rd Ave SW

4 3rd Ave SWFaribault, MN 55021

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.

Faribault, MN Local Guide

Faribault 1 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 17, 2025

There are currently 10 available 1 Bedroom apartment units in Faribault, MN neighborhoods that range in price from $850 to $1,325. Heres is today's list of the top neighborhoods in Faribault with the most available 1 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Cottage Grove3$1,295$850
Downtown Faribault3$1,295$850
Fair Park3$1,295$850
Bluebird Estates1$1,295$950

Largest Available Faribault and Nearby 1 Bedroom Apartments

Apartment ListingModel NameSquare FootagePriced From
Town's Edge Place Apartments1 Bedroom737 Sq Ft$975

Cheapest Available Faribault and Nearby 1 Bedroom Apartments

Apartment ListingModel NamePriced From
Town's Edge Place Apartments1 Bedroom$975

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Faribault, MN Rentals by Map

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Getting Around Faribault, MN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about 1 Bedroom Faribault Apartments

How much is the average rent for a 1 Bedroom Faribault Apartment?

The average rent for a 1 Bedroom Apartment in Faribault is $1,223.

What is the largest available 1 Bedroom Faribault Apartment for rent?

Today's apartment with the most square footage in Faribault is a 737 square feet unit starting from $975 at Town's Edge Place Apartments.

What is the average size for Faribault 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Faribault is currently 1,000 sq ft.

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.

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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.

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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.

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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.

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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.