Cheap Apartments for Rent in the Fair Park Neighborhood of Faribault, MN from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fair Park area of Faribault.

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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Southgate Village
1 to 2 Bedroom Apartments

Southgate Village

1518 9th Ave SWFaribault, MN 55021
Senior Living
  • Utilities Included
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The Ponds
2 Bedroom Apartments

The Ponds

2805 Cardinal AveFaribault, MN 55021
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Village Green
1 to 3 Bedroom Apartments

Village Green

810 Conliffe Ave SWFaribault, MN 55021

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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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

2310 Park AveFaribault, MN 55021
  • Utilities Included
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Southgate Village
1 to 2 Bedroom Apartments

Southgate Village

1522 9th Ave SWFaribault, MN 55021
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1234 4th St NW
2 Bedroom Apartments

1234 4th St NW

1234 4th St NWFaribault, MN 55021
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418 6th St NW
2 Bedroom Apartments

418 6th St NW

418 6th St NWFaribault, MN 55021

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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Pine Tree
Studio to 1 Bedroom Apartments

Pine Tree

1700 14th St NEFaribault, MN 55021

Fair Park, Faribault, MN Local Guide

Cheapest Available Fair Park Apartments for Rent

 

The cheapest available apartment rental in the Fair Park area of Faribault, MN is a 1 Bed unit found at Town's Edge Place Apartments priced from $975. 838 & 848 9th Avenue has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here are the most affordable Fair Park apartments for rent in Faribault, MN:

Apartment ListingModel NameBed/BathPriced From
Town's Edge Place Apartments1 Bedroom1BR,1BA$975
838 & 848 9th AvenueUpstairs 2 Bedroom2BR,1BA$1,075
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1,150
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1,200
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1,300

Best Value Apartments for Rent in Fair Park, MN

As of June 20, 2025 the best value apartment in the Fair Park 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 Fair Park 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 Fair Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.37
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1.37
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.40
Riverchase Apartments2 Bedroom 1 Bath2BR,1BA$1.63
838 & 848 9th AvenueUpstairs 2 Bedroom2BR,1BA$1.43
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1.61

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Fair Park, Faribault, MN

Ranked #1

Among neighborhoods in Faribault, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Minnesota, including Faribault. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fair Park Apartments

How much is rent for a Cheap One Bedroom Fair Park Apartment?

The lowest price for a Cheap One Bedroom Fair Park Apartment is $975 at Town's Edge Place Apartments.

What is the lowest price for a Cheap Two Bedroom Fair Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fair Park 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.

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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.

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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.

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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.

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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.