Cheap Apartments for Rent in Fairmont, MN from $400 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fairmont.

property at 650 Summit Dr

$705

Total Monthly Price

Total Monthly Price

Base Rent
$705
Total Monthly Price
$705

2 Bedroom, 1 Bath Home for Rent

Available Now

650 Summit Dr

FairmontMN56031
property at 416 E 4th St

$860

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$860
Total Monthly Price
$860

2 Bedroom, 1 Bath Townhome for Rent

Available Now

416 E 4th St

FairmontMN56031
property at 924 E 1st St

$950

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

924 E 1st St

FairmontMN56031
property at 910 Hengen St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

910 Hengen St

FairmontMN56031
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Highland Hills Apartments
Rent Specials
$750 - $1,980
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750 - $1,980
Total Monthly Price
$750 - $1,980
Studio to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 101 Park St N

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

101 Park St N, Unit upper

101 Park St N
Minnesota LakeMN56068

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
2 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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  • Utilities Included
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Woodside Apartments
$1,070 - $1,690
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,055 - $1,675
Required Monthly Fees
$15
Total Monthly Price
$1,070 - $1,690
Studio to 3 Bedroom Apartments Available Now

Woodside Apartments

161-351 E Roosevelt CirMankato, MN 56001
Pet Friendly
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  • Utilities Included
  • 3D Tour
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The Edge Apartments
Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,300
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
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  • Customer Reviewed
  • Utilities Included
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River Bluff Apartments
Rent Specials
$1,100 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,070 - $1,300
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
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Country Side
1 to 3 Bedroom Apartments

Country Side

117 E Walnut StBurt, IA 50522
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Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
  • Utilities Included
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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 207 E 4th St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Jul 4

207 E 4th St

Albert LeaMN56007
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St. James Apartments
1 to 3 Bedroom Apartments

St. James Apartments

131 9th Ave NSt. James, MN 56081
  • Utilities Included
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219 6th St SW
1 to 2 Bedroom Apartments

219 6th St SW

219 6th St SWMadelia, MN 56062
  • Utilities Included
property at 305 S Broadway St

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945
Total Monthly Price
$945

1 Bedroom, 1 Bath Townhome for Rent

Available Now

305 S Broadway St

New UlmMN56073
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River Bluff Townhomes
3 to 4 Bedroom Apartments

River Bluff Townhomes

300-302 Highway 71 SJackson, MN 56143
  • Utilities Included
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Windom Landing
2 to 4 Bedroom Apartments

Windom Landing

1925 N Redding AveWindom, MN 56101
  • Utilities Included
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501 4th St
2 to 3 Bedroom Apartments

501 4th St

501 4th StCourtland, MN 56021
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Fairmont, MN Local Guide

Cheapest Available Fairmont Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairmont, MN is a 1 Bed unit found at Country Side priced from $425. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $701. Here is today’s list of the most affordable Fairmont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Side1 Bedroom1BR,1BA$425
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
1212 Heckman CtStudioStudio,1BA$750
Tallgrass VillageStudio ApartmentStudio,1BA$765
442 Belgrade AveOne Bedroom1BR,1BA$835
Hartshorn Manor1 Bed, 1 bath1BR,1BA$840
Lewis Lofts1a1t1BR,1BA$855
Ashley Estates1 Bedroom - a1BR,1BA$895
Village Place Apartments of MankatoOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Fairmont, MN and Nearby

As of June 15, 2026 the best value apartment in the Fairmont area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value Fairmont apartment is the Three Bedroom Model at Eagle Ridge Townhomes starting at $1,065 with a $0.79 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 TownhomesFox Run Townhomes2BR,2.5BA$1.13
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.79
Windom Landing2 Bedroom - Upper Level2BR,2BA$0.84
1212 Heckman CtStudioStudio ,1BA$0.83
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
442 Belgrade AveOne Bedroom1BR,1BA$1.04
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Hartshorn Manor1 Bed, 1 bath1BR,1BA$1.12
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

Explore Fairmont, MN Rentals by Map

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See the most popular apartments and homes in Fairmont, MN

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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 1212 Heckman Ct listed at $750.

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

The lowest price for a Cheap One Bedroom Fairmont Apartment is $425 at Country Side.

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 $701 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 Eagle Ridge Townhomes and starts from $1,065.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.