Cheap Apartments for Rent in Fairmont, MN from $400 (12 Rentals)

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1205 Victoria St
1 to 3 Bedroom Apartments

1205 Victoria St

1205 Victoria StFairmont, MN 56031
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Tanglewood Estates
1 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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528 N Grant St
2 to 3 Bedroom Apartments

528 N Grant St

528 N Grant StBlue Earth, MN 56013
  • Utilities Included

Fairmont, MN Local Guide

Cheapest Available Fairmont Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairmont, MN is a 2 Beds unit found at Eytcheson Estates Sherburn priced from $700. Highland Hills Apartments in the University neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable Fairmont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Highland Hills ApartmentsStudioStudio,1BA$720
1212 Heckman CtStudioStudio,1BA$750
Commerce ApartmentsOne Bedroom1BR,1BA$875
Valley View ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Fairmont, MN and Nearby

As of July 31, 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 City Center Mankato neighborhood starting from $2,095. The second greatest value Fairmont apartment is the Three Bedroom Model at River Bluff Townhomes starting at $950 with a $0.67 price per square foot . Here is today’s list of the best values for Fairmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
River Bluff TownhomesThree Bedroom3BR,1.5BA$0.67
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.75
Lakeside ApartmentsE - 3 Bedroom3BR,2BA$1.14
Windom Landing2 Bedroom - Upper Level2BR,2BA$0.84
1212 Heckman CtStudioStudio ,1BA$0.83
442 Belgrade AveTwo Bedroom2BR,1BA$1.13
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsThree Bed3BR,1.5BA$0.63
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93

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

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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

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 Highland Hills Apartments listed at $720.

How much is rent for a Cheap One Bedroom Fairmont Apartment?

The lowest price for a Cheap One Bedroom Fairmont Apartment is $800 at 1212 Heckman Ct.

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 $700 at Eytcheson Estates Sherburn.

What is the most affordable Fairmont Three Bedroom Apartment?

The best deal on a cheap Fairmont Three Bedroom Apartment rental is at River Bluff Townhomes and starts from $950.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.