From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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.
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faribault Studio Apartments | $1,203 | $1,000 | $1,310 |
| Faribault 1 Bedroom Apartments | $1,244 | $975 | $1,425 |
| Faribault 2 Bedroom Apartments | $1,458 | $1,189 | $1,945 |
| Faribault 3 Bedroom Apartments | $1,801 | $1,350 | $1,955 |
| Faribault 4 Bedroom Apartments | $2,000 | $2,000 | $2,000 |
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,736 | $800 | $2,295 |
| 3 Bedroom Homes | $2,322 | $1,625 | $2,895 |
| 4 Bedroom Homes | $3,321 | $2,750 | $4,495 |
| 5 Bedroom Homes | $2,195 | $2,195 | $2,195 |
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read ArticleTour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleFrom 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.
Read ArticleThe 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.
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See the most popular apartments and homes in Faribault, MN
As of today, August 04, 2026, there are currently 83 available Faribault apartments priced from $975 to $2,000, with an average monthly rent of $1,409.
There are 4 neighborhoods in the Faribault area with available listings as of today. The three neighborhoods with the most options are Wood Hill with 73 listings, Fair Park with 53 listings, and Downtown Owatonna with 53 listings.
There are currently 10 Studio Apartments in Faribault with rent ranges from $1,000 to $1,310 with an average price of $1,203.
Today's rental pricing for One Bedroom Apartments in Faribault ranges from $975 to $1,425 with an average monthly rent of $1,244.
The monthly rent prices of Two Bedroom Apartments currently available in Faribault range from $1,189 to $1,945. Today's average rental price for Two Bedrooms here is $1,458.
There are currently 13 Three Bedroom Apartments listings available in Faribault on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $1,955 - averaging $1,801 for the location.
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.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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