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 |
|---|---|---|---|
| Downtown Faribault Studio Apartments | $1,203 | $1,000 | $1,310 |
| Downtown Faribault 1 Bedroom Apartments | $1,237 | $975 | $1,375 |
| Downtown Faribault 2 Bedroom Apartments | $1,483 | $1,125 | $1,945 |
| Downtown Faribault 3 Bedroom Apartments | $1,831 | $1,350 | $1,955 |
| Downtown Faribault 4 Bedroom Apartments | $2,000 | $2,000 | $2,000 |
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,583 | $1,150 | $1,800 |
| 3 Bedroom Homes | $1,800 | $1,800 | $1,800 |
| 4 Bedroom Homes | $2,900 | $2,900 | $2,900 |
There are currently 48 rentals with your search options within a 2 mile radius of the Downtown Faribault Neighborhood of Faribault, MN.
See all Apartments in FaribaultLearn 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.
If you’re an expert on all things Downtown Faribault, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Our team works hard to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Minnesota, including Faribault. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, family-friendly amenities, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
As of today, August 29, 2026, there are currently 48 available Downtown Faribault apartments priced from $975 to $2,000, with an average monthly rent of $1,424.
There are currently 9 Studio Apartments in Downtown 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 Downtown Faribault ranges from $975 to $1,375 with an average monthly rent of $1,237.
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Faribault range from $1,125 to $1,945. Today's average rental price for Two Bedrooms here is $1,483.
There are currently 9 Three Bedroom Apartments listings available in Downtown Faribault on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $1,955 - averaging $1,831 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
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.
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