
Cheap Apartments for Rent in the Downtown Faribault Neighborhood of Faribault, MN from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Faribault area of Faribault.


Straight River Apartments, LLC

Hillside Apartments

Heritage Bluff Apartments LLC
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.

Town's Edge Place Apartments

The Faribo Apartments
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.
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 | $1,020 | $1,000 | $1,040 |
Downtown Faribault 1 Bedroom Apartments | $1,222 | $950 | $1,325 |
Downtown Faribault 2 Bedroom Apartments | $1,486 | $1,075 | $1,875 |
Downtown Faribault 3 Bedroom Apartments | $1,516 | $1,350 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 10 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
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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 Town's Edge Place Apartments priced from $975. Hillside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Downtown Faribault apartments for rent in Faribault, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Faribault, MN
As of June 13, 2025 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 |
Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Faribault, Faribault, MN
Ranked #4
Among neighborhoods in Faribault, MN 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
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 Town's Edge Place 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 $1,075 at Town's Edge Place Apartments.
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.