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from $1,2001 to 2 Bedroom Apartments Available Now
Riverchase Apartments
110 Riverchase CtFaribault, MN 55021
Cheap Apartments for Rent in Faribault, MN from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Faribault.
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Rent Specials
from $1,000Studio to 2 Bedroom Apartments Available Now
Straight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
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from $1,040Studio to 2 Bedroom Apartments Available Now
Hillside Apartments
10 Division St WFaribault, MN 55021
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from $1,1501 to 3 Bedroom Apartments Available Now
Heritage Bluff Apartments LLC
200 Heritage PlFaribault, MN 55021
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from $9751 to 3 Bedroom Apartments Available Now
Town's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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from $1,0991 to 2 Bedroom Apartments Available Jun 30
The Faribo Apartments
123 2nd St NWFaribault, MN 55021
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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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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.
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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.
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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 an apartment in Faribault?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faribault Studio Apartments | $1,020 | $1,000 | $1,040 |
| Faribault 1 Bedroom Apartments | $1,218 | $950 | $1,325 |
| Faribault 2 Bedroom Apartments | $1,488 | $1,075 | $1,875 |
| Faribault 3 Bedroom Apartments | $1,987 | $1,350 | $2,700 |
Browse Top Apartments in Faribault
See all Apartments in FaribaultExplore Faribault
Faribault, MN Local Guide
- Faribault Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Faribault, MN
Pricing Updated: 06/19/2025Current 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 |
|---|---|---|---|
| Bluebird Estates | $1,550 | $950 | 18 |
| Cottage Grove | $1,550 | $950 | 18 |
| Downtown Faribault | $1,550 | $950 | 18 |
| Fair Park | $1,550 | $950 | 18 |
Cheapest Available Faribault Apartments for Rent
The cheapest available apartment rental in Faribault, MN is a 1 Bed unit found at Town's Edge Place Apartments in the Downtown Faribault neighborhood priced from $975. 838 & 848 9th Avenue in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Faribault apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
| 838 & 848 9th Avenue | Upstairs 2 Bedroom | 2BR,1BA | $1,075 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,200 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Faribault, MN
As of June 20, 2025 the best value apartment in the Faribault area is the $1.37 price per square foot 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,650. The second greatest value Faribault apartment is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,300 with a $1.31 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. |
|---|---|---|---|
| Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.37 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| 838 & 848 9th Avenue | Upstairs 2 Bedroom | 2BR,1BA | $1.43 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
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Best Local Schools in Faribault, MN
School data provided by Great Schools
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Faribault, MN Apartments MapFaribault, MN Rental Homes MapGetting Around Faribault, MN
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Faribault Apartments
How much is rent for a Cheap One Bedroom Faribault Apartment?
The lowest price for a Cheap One Bedroom Faribault Apartment is $975 at Town's Edge Place Apartments.
What is the lowest price for a Cheap Two Bedroom Faribault Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Faribault is starting from $1,075 at Town's Edge Place Apartments.
What is the most affordable Faribault Three Bedroom Apartment?
The best deal on a cheap Faribault Three Bedroom Apartment rental is at Town's Edge Place Apartments and starts from $1,350.
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.
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.
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.