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Cheap Apartments for Rent in Faribault, MN from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Faribault.
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Riverchase Apartments
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Heritage Bluff Apartments LLC
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Hillside Apartments
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Town's Edge Place Apartments
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The Faribo Apartments
Faribault, MN Local Guide
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How much does it cost to rent an apartment in Faribault?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Faribault Studio Apartments | $913 | $650 | $1,090 |
Faribault 1 Bedroom Apartments | $1,181 | $950 | $1,325 |
Faribault 2 Bedroom Apartments | $1,486 | $1,075 | $1,875 |
Faribault 3 Bedroom Apartments | $1,400 | $1,250 | $1,550 |
Browse Top Apartments in Faribault
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Faribault, MN Local Guide
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Cheapest Neighborhoods for Apartments in Faribault, MN
Pricing Updated: 03/02/2025Current apartment rentals in the Faribault, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Faribault Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Cottage Grove | $1,455 | $650 | 134 |
Downtown Faribault | $1,455 | $650 | 134 |
Fair Park | $1,455 | $650 | 134 |
Bluebird Estates | $1,465 | $650 | 129 |
Cheapest Available Faribault Apartments for Rent
 The cheapest available apartment rental in Faribault, MN is a 1 Bed unit found at Southgate Village in the Fair Park neighborhood priced from $780. Town's Edge Place Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Faribault apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Southgate Village | 1 Bedroom | 1BR,1BA | $780 |
Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
Elmview Apartments | 1740 1 bed | 1BR,1BA | $1,295 |
Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1,300 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Faribault, MN
As of March 03, 2025 the best value apartment in the Faribault area is the $1.18 price per square foot 19385 Elkridge Trail Model at 19385 Elkridge Trail in the in the Mystic Meadows neighborhood starting from $2,949. The second greatest value Faribault apartment is the 2 Bedroom 2 Bath Model at Riverchase Apartments starting at $1,560 with a $1.24 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Faribault apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
19385 Elkridge Trail | 19385 Elkridge Trail | 4BR,2BA | $1.18 |
Riverchase Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.24 |
Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
4045 Willowwood St SE | 4045 Willowwood St SE | 4BR,2BA | $2.25 |
Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
1109 1st Ave NW, Unit 2 | 1109 1st Ave NW | 2BR,1BA | $1.28 |
Elmview Apartments | 1740 1 bed | 1BR,1BA | $2.00 |
Southgate Village | 1 Bedroom | 1BR,1BA | $1.25 |
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Best Local Schools in Faribault, MN
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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
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 Faribault Apartments
How much is rent for a Cheap One Bedroom Faribault Apartment?
The lowest price for a Cheap One Bedroom Faribault Apartment is $780 at Southgate Village.
What is the lowest price for a Cheap Two Bedroom Faribault Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Faribault is starting from $1,075 at Town's Edge Place Apartments.
What is the most affordable Faribault Three Bedroom Apartment?
The best deal on a cheap Faribault Three Bedroom Apartment rental is at Town's Edge Place Apartments and starts from $1,350.
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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.