1109 1st Ave NW
FaribaultMN55021
Cheap Homes for Rent in the Fair Park Neighborhood of Faribault, MN from $1,150 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Fair Park area of Faribault.
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
528 2nd St NE
FaribaultMN55021
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
530 6th St NW
FaribaultMN55021
Showing Results 1-3, Page 1 of 1
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 | $1,458 | $1,150 | $1,800 |
| Fair Park 3 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Fair Park 4 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
Best Value Apartments for Rent in Fair Park, MN
As of September 10, 2026 the best value apartment in the Fair Park area is the $1.53 price per square foot 3 BD/2 BA Model at Heritage Bluff Apartments in the in the Downtown Faribault neighborhood starting from $1,695. The second greatest value Fair Park apartment is the One Bedroom One Bathroom Model at Hillside Apartments starting at $1,140 with a $1.30 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 | 3 BD/2 BA | 3BR,2BA | $1.53 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.55 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR,1BA | $1.61 |
| Southgate Village | 1 Bedroom | 1BR,1BA | $1.28 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1.85 |
| Straight River Apartments, LLC | Studio | Studio ,1BA | $2.50 |
| Elmview Apartments | Studio | Studio ,1BA | $3.32 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
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.
Let everyone know!
Do you know the Fair Park area?
If you’re an expert on all things Fair Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Lincoln Elementary School
Faribault Public School District
Public School - Grades K-5 (391)
6 out of 10
Faribault Senior High School
Faribault Public School District
Public School - Grades 9-12 (956)
4 out of 10
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 54 Apartments for Rent in Fair Park, MN with pricing that ranges from $975 to $1,945. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fair Park ranging from $1,150 to $2,350.
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 $1,150 to $2,350 with an average monthly rent of $1,704.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.