
Cheap Homes for Rent in Fairmont, MN from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Fairmont.


601 Burton Ln

121 Laurinda Ln

122 Lynn Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

144 Lynn Ln

123 Lynn Ln

112 Terri Ln

102 Terri Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

121 Jaybee Ln
Fairmont, MN Local Guide

How much does it cost to rent a home in Fairmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairmont 2 Bedroom Homes for Rent | $1,426 | $1,250 | $1,800 |
Fairmont 3 Bedroom Homes for Rent | $1,613 | $1,100 | $2,395 |
Fairmont 4 Bedroom Homes for Rent | $1,994 | $1,500 | $2,396 |
Fairmont 5 Bedroom Homes for Rent | $2,247 | $2,100 | $2,395 |
Fairmont 6 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Top Homes for Rent in Fairmont
Explore Fairmont
Fairmont, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Fairmont Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairmont, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $450. Bunting Lane Apartments in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. Here is today’s list of the most affordable Fairmont apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
Bunting Lane Apartments | Random Roommate Included! | 2BR,2BA | $682 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in Fairmont, MN and Nearby
As of May 28, 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 North Industrial Mankato neighborhood starting from $2,095. The second greatest value Fairmont apartment is the 3 Bed 2 Bath Townhome Model at Tallgrass Village Apartments & Townhomes starting at $1,740 with a $1.20 price per square foot . Here is today’s list of the best values for Fairmont apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
Tallgrass Village Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.20 |
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Eagle Ridge Townhomes | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.75 |
Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.29 |
The Edge Apartments | Two Bedroom | 2BR,1BA | $1.22 |
201 Pilgrim St | 2 Bedroom | 2BR,2BA | $1.08 |
Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.30 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.14 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Fairmont
What type of rentals are currently available in Fairmont?
There are currently 65 Apartments for Rent in Fairmont, MN with pricing that ranges from $625 to $3,725. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmont ranging from $1,100 to $2,396.
What is the current price range for Rental Homes in Fairmont?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmont ranges from $1,100 to $2,396 with an average monthly rent of $1,770.
How much are larger Three and Four Bedroom Rentals in Fairmont?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmont range from $1,015 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,100.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.