Cheap Homes for Rent in Fair Park Neighborhood of Faribault, MN from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Fair Park area of Faribault.
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.

620 Prairie Ave SW
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.

2117 14th St NE
Fair Park, Faribault, MN Local Guide
How much does it cost to rent a home in Fair Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fair Park 2 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Fair Park 3 Bedroom Homes for Rent | $2,300 | $1,800 | $2,800 |
Browse Homes for Rent 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.
Explore Faribault
Fair Park, Faribault, MN Local Guide
- Nearby Faribault neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Fair Park, MN
As of September 14, 2025 the best value apartment in the Fair Park 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 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 | $1.31 |
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 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Fair Park
What type of rentals are currently available in Fair Park?
There are currently 48 Apartments for Rent in Fair Park, MN with pricing that ranges from $600 to $1,850. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fair Park ranging from $1,500 to $2,800.
What is the current price range for Rental Homes in Fair Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fair Park ranges from $1,500 to $2,800 with an average monthly rent of $1,900.
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.