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Cheap Apartments for Rent in the Downtown Faribault Neighborhood of Faribault, MN from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Faribault area of Faribault.
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$900 - $1,300
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityFour Seasons Apartments
1250 Autumn DrFaribault, MN 55021
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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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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 | $1,145 | $600 | $1,325 |
| Downtown Faribault 2 Bedroom Apartments | $1,357 | $1,090 | $1,850 |
| Downtown Faribault 3 Bedroom Apartments | $1,500 | $1,300 | $1,650 |
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 4 rentals with your search options within a 2 mile radius of the Downtown Faribault Neighborhood of Faribault, MN.
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Downtown Faribault, Faribault, MN Local Guide
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Best Value Apartments for Rent in Downtown Faribault, MN
As of September 14, 2025 the best value apartment in the Downtown Faribault area is the $1.31 price per square foot 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,300. The second greatest value Downtown Faribault apartment is the 2 Bedroom 1 Bath Model at Straight River Apartments, LLC starting at $1,350 with a $1.37 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. |
|---|---|---|---|
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Elmview II Apartments | 1 BD/1 BA | 1BR,1BA | $2.04 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1.82 |
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Pet Friendly LifestyleDowntown Faribault, Faribault, MN
Ranked #1
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
How much is rent for a Cheap One Bedroom Downtown Faribault Apartment?
The lowest price for a Cheap One Bedroom Downtown Faribault Apartment is $1,099 at The Faribo 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 $1,300 at Heritage Bluff Apartments LLC.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.