603 1st St SW
FaribaultMN55021
Cheap Apartments for Rent in the Downtown Faribault Neighborhood of Faribault, MN from $800 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Faribault area of Faribault.
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from $9501 to 3 Bedroom Apartments Available May 1
Trails Edge Apartments LLC
715 Central AveFaribault, MN 55021
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from $9751 to 3 Bedroom Apartments Available Now
Town's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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Rent Specials
from $1,000Studio to 2 Bedroom Apartments Available Now
Straight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
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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.
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Downtown Faribault, Faribault, MN Local Guide
How much does it cost to rent an apartment in Downtown Faribault?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Faribault Studio Apartments | $1,020 | $1,000 | $1,040 |
| Downtown Faribault 1 Bedroom Apartments | $1,151 | $850 | $1,325 |
| Downtown Faribault 2 Bedroom Apartments | $1,428 | $1,075 | $1,895 |
| Downtown Faribault 3 Bedroom Apartments | $1,586 | $1,350 | $1,895 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Faribault Neighborhood of Faribault, MN.
See all Apartments in FaribaultExplore Faribault
Downtown Faribault, Faribault, MN Local Guide
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Cheapest Available Downtown Faribault Apartments for Rent
The cheapest available apartment rental in the Downtown Faribault area of Faribault, MN is a 1 Bed unit found at Town's Edge Place Apartments priced from $975. Heritage Bluff Apartments LLC has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Downtown Faribault apartments for rent in Faribault, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1,300 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Downtown Faribault, MN
As of April 29, 2025 the best value apartment in the Downtown Faribault area is the $1.31 price per square foot 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,300. The second greatest value Downtown Faribault apartment is the 2 Bedroom 1 Bath Model at Straight River Apartments, LLC starting at $1,350 with a $1.37 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Downtown Faribault apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| 1109 1st Ave NW, Unit 2 | 1109 1st Ave NW | 2BR,1BA | $1.23 |
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Pet Friendly LifestyleDowntown Faribault, Faribault, MN
Ranked #2
Among neighborhoods in Faribault, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Downtown Faribault, Faribault, and the greater Faribault area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Faribault Apartments
What is the lowest price for a Cheap Two Bedroom Downtown Faribault Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Faribault is starting from $1,075 at Town's Edge Place Apartments.
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.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.