703 SW Delaware St
LonsdaleMN55046
Cheap Homes for Rent in Faribault, MN from $700 (5 Rentals)
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405 Front St
West ConcordMN55985
501 1st St W
NorthfieldMN55057
728 Colonial Cir
FaribaultMN55021
240 E Rice St
OwatonnaMN55060
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Faribault, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Faribault?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faribault 2 Bedroom Homes for Rent | $1,819 | $1,400 | $2,100 |
| Faribault 3 Bedroom Homes for Rent | $2,549 | $1,300 | $6,000 |
| Faribault 4 Bedroom Homes for Rent | $2,505 | $750 | $4,995 |
| Faribault 5 Bedroom Homes for Rent | $3,845 | $2,695 | $4,995 |
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Faribault, MN Local Guide
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Cheapest Neighborhoods for Apartments in Faribault, MN
Pricing Updated: 04/13/2025Current 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 | $2,022 | $1,600 | 2 |
| Downtown Faribault | $2,022 | $1,750 | 2 |
| Fair Park | $2,022 | $1,600 | 3 |
Cheapest Available Faribault Apartments for Rent and Nearby
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 |
| Trails Edge Apartments LLC | 1 bedroom 1 bathroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Faribault, MN and Nearby
As of April 13, 2025 the best value apartment in the 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 Faribault apartment is the 2 Bedroom 1 Bath Model at Straight River Apartments, LLC starting at $1,375 with a $1.40 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. |
|---|---|---|---|
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| 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 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
| Trails Edge Apartments LLC | 1 bedroom 1 bathroom | 1BR,1BA | $1.61 |
| Southgate Village | 1 Bedroom | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Faribault
What type of rentals are currently available in Faribault?
There are currently 47 Apartments for Rent in Faribault, MN with pricing that ranges from $775 to $1,895. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faribault ranging from $750 to $6,000.
What is the current price range for Rental Homes in Faribault?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Faribault ranges from $750 to $6,000 with an average monthly rent of $2,679.
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.
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.
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.
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.