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$775
Total Monthly Price
Base Rent$775
Total Monthly Price$775
1104 3rd St SW, Unit 1
1104 3rd St SWFaribault, MN 55021
Cheap Apartments for Rent in the Downtown Faribault Neighborhood of Faribault, MN from $775 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Faribault area of Faribault.
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$975 - $1,350
Total Monthly Price
Base Rent$975 - $1,350
Total Monthly Price$975 - $1,350
Four Seasons Apartments
1250 Autumn DrFaribault, MN 55021
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Rent Specials
$1,000 - $1,945
Total Monthly Price
Base Rent$1,000 - $1,945
Total Monthly Price$1,000 - $1,945
Straight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
327 8th St NW
FaribaultMN55021
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$1,033
Total Monthly Price
Base Rent$1,033
Total Monthly Price$1,033
Town's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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Rent Specials
$1,040 - $1,540
Total Monthly Price
Base Rent$1,040 - $1,540
Total Monthly Price$1,040 - $1,540
Hillside Apartments
10 Division St WFaribault, MN 55021
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$1,118 - $1,244
Total Monthly Price
Base Rent$1,099 - $1,225
Required Monthly Fees$19
Total Monthly Price$1,118 - $1,244
The Faribo Apartments
123 2nd St NWFaribault, MN 55021
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
104 8th St NW
FaribaultMN55021
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Rent Specials
$1,150
Total Monthly Price
Base Rent$1,150
Total Monthly Price$1,150
Trails Edge Apartments
715 Central AveFaribault, MN 55021
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$1,243 - $1,655
Total Monthly Price
Base Rent$1,183 - $1,595
Required Monthly Fees$60
Total Monthly Price$1,243 - $1,655
Elmview Apartments
1740 Willow StFaribault, MN 55021
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Rent Specials
$1,250 - $1,795
Total Monthly Price
Base Rent$1,250 - $1,795
Total Monthly Price$1,250 - $1,795
Riverchase Apartments
110 Riverchase CtFaribault, MN 55021
415 9th St NW
FaribaultMN55021
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Rent Specials
$1,345 - $1,695
Total Monthly Price
Base Rent$1,345 - $1,695
Total Monthly Price$1,345 - $1,695
Heritage Bluff Apartments
200 Heritage PlFaribault, MN 55021
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2 Bedroom Apartments
838 & 848 9th Avenue
838 9th Ave SWFaribault, MN 55021
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
1109 1st Ave NW
FaribaultMN55021
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Studio to 2 Bedroom Apartments
Midwest Flats
429 8th Ave NWFaribault, MN 55021
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2 Bedroom Apartments
River Trail 901
901 River Trail LnFaribault, MN 55021
946 Willow St
FaribaultMN55021
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1 to 2 Bedroom Apartments
31 3rd St NE
31 3rd St NEFaribault, MN 55021
620 Prairie Ave SW
FaribaultMN55021
530 6th St NW
FaribaultMN55021
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.
528 2nd St NE
FaribaultMN55021
Showing Results 1-22, Page 1 of 1
Downtown Faribault, Faribault, MN Local Guide
How much does it cost to rent an apartment in Downtown Faribault?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Faribault Studio Apartments | $1,226 | $1,000 | $1,310 |
| Downtown Faribault 1 Bedroom Apartments | $1,233 | $975 | $1,375 |
| Downtown Faribault 2 Bedroom Apartments | $1,465 | $775 | $1,945 |
| Downtown Faribault 3 Bedroom Apartments | $1,522 | $1,350 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Faribault Neighborhood of Faribault, MN.
See all Apartments in FaribaultExplore Faribault
Downtown Faribault, Faribault, MN Local Guide
- Nearby Faribault neighborhoods
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Cheapest Available Downtown Faribault Apartments for Rent
The cheapest available apartment rental in the Downtown Faribault area of Faribault, MN is a 1 Bed unit found at Four Seasons Apartments priced from $975. Town's Edge Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,033. Here are the most affordable Downtown Faribault apartments for rent in Faribault, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR, 1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR, 1BA | $1,033 |
| The Faribo Apartments | One Bedroom A | 1BR, 1BA | $1,118 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR, 1BA | $1,140 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR, 1BA | $1,150 |
Best Value Apartments for Rent in Downtown Faribault, MN
As of September 20, 2026 the best value apartment in the Downtown Faribault area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Downtown Faribault apartment is the 3 BD/2 BA Model at Heritage Bluff Apartments in the Downtown Faribault neighborhood starting at $1,695 with a $1.53 price per square foot. Here is today’s list of the best values for Downtown Faribault apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR, 2BA | $1.50 |
| Heritage Bluff Apartments | 3 BD/2 BA | 3BR, 2BA | $1.53 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR, 1BA | $1.30 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1.55 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR, 1BA | $1.62 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR, 1BA | $1.40 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR, 1BA | $1.61 |
| The Faribo Apartments | One Bedroom A | 1BR, 1BA | $1.85 |
| Elmview Apartments | Studio | Studio, 1BA | $3.32 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Pet Friendly LifestyleDowntown Faribault, Faribault, MN
Ranked #2
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Downtown Faribault, Faribault, and the greater Faribault area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Faribault Apartments
What is the Cheapest Studio apartment in Downtown Faribault?
Currently the most affordable Cheap Studio Apartment in Downtown Faribault is at Elmview Apartments listed at $1,255.
How much is rent for a Cheap One Bedroom Downtown Faribault Apartment?
The lowest price for a Cheap One Bedroom Downtown Faribault Apartment is $975 at Four Seasons Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Faribault Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Faribault is starting from $1,200 at Four Seasons Apartments.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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.