Cheap Homes for Rent in Fair Park Neighborhood of Faribault, MN from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Fair Park area of Faribault.

538 2nd St NW

1402 Division St W

1402 Division St W

616 2nd St NE

1218 Aldrich Way
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 | $1,350 | $1,350 | $1,350 |
| Fair Park 3 Bedroom Homes for Rent | $1,950 | $1,900 | $2,000 |
| Fair Park 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Fair Park Neighborhood of Faribault, MN.
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Fair Park, Faribault, MN Local Guide
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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 Four Seasons Apartments priced from $975. Town's Edge Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Fair Park apartments for rent in Faribault, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $995 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Fair Park, MN
As of November 09, 2025 the best value apartment in the Fair Park area is the $1.48 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,850. The second greatest value Fair Park apartment is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,345 with a $1.36 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. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.48 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| The Faribo Apartments | Two Bedroom A | 2BR,1BA | $1.63 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
| 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 Fair Park
What type of rentals are currently available in Fair Park?
There are currently 45 Apartments for Rent in Fair Park, MN with pricing that ranges from $950 to $1,860. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fair Park ranging from $1,350 to $2,300.
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 $1,350 to $2,300 with an average monthly rent of $1,866.
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.
