
Cheap Apartments for Rent in the Fair Park Neighborhood of Faribault, MN from $500 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fair Park area of Faribault.

Fair Park, Faribault, MN Local Guide
How much does it cost to rent an apartment in Fair Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Fair Park Studio Apartments | $995 | $950 | $1,040 | 
| Fair Park 1 Bedroom Apartments | $1,162 | $950 | $1,325 | 
| Fair Park 2 Bedroom Apartments | $1,364 | $775 | $1,860 | 
| Fair Park 3 Bedroom Apartments | $1,475 | $1,350 | $1,650 | 
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Fair Park Neighborhood of Faribault, MN.
See all Apartments in FaribaultExplore Faribault
Fair Park, Faribault, MN Local Guide
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Best Value Apartments for Rent in Fair Park, MN
As of October 31, 2025 the best value apartment in the Fair Park area is the $1.36 price per square foot 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,345. The second greatest value Fair Park 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 Fair Park 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 | $1.36 | 
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 | 
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 | 
| 1104 3rd St SW, Unit 1 | 1104 3rd St SW | 2BR,1BA | $0.91 | 
| The Faribo Apartments | Two Bedroom A | 2BR,1BA | $1.63 | 
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 | 
| Elmview II Apartments | 1 BD/1 BA | 1BR,1BA | $2.04 | 
Quick Rent Budget Calculator
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Pet Friendly LifestyleFair Park, Faribault, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fair Park, Faribault, MN
School data provided by Great Schools
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 Four Seasons 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 $1,145 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

