18 Walnut St
FarmingtonMN55024
Cheap Homes for Rent in Faribault, MN from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Faribault.
1159 5th Ave SW, Unit 1
1159 5th Ave SW
FaribaultMN55021
101 Elm St
ClaremontMN55924
1154 6th Ave SW
FaribaultMN55021
1101 Spring Creek Rd
NorthfieldMN55057
1534 Praha St SE
New PragueMN56071
1254 Willow Trail
FarmingtonMN55024
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.
94 Viking Terrace
NorthfieldMN55057
530 7th St NW
FaribaultMN55021
101 Viking Terrace
NorthfieldMN55057
708 Romeo Dr
LakevilleMN55044
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.
705 Romeo Dr
LakevilleMN55044
531 Juliet Dr
LakevilleMN55044
911 Willow St
FaribaultMN55021
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Faribault, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Faribault?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faribault 2 Bedroom Homes for Rent | $1,717 | $1,200 | $2,495 |
| Faribault 3 Bedroom Homes for Rent | $2,147 | $1,395 | $2,895 |
| Faribault 4 Bedroom Homes for Rent | $3,301 | $1,995 | $4,995 |
| Faribault 5 Bedroom Homes for Rent | $4,198 | $2,700 | $6,350 |
Browse Top Homes for Rent in Faribault
Explore Faribault
Faribault, MN Local Guide
- Faribault Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Faribault, MN
Pricing Updated: 06/22/2025Current apartment rentals in the Faribault, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Faribault Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bluebird Estates | $1,550 | $950 | 17 |
| Cottage Grove | $1,550 | $950 | 17 |
| Downtown Faribault | $1,550 | $950 | 17 |
| Fair Park | $1,550 | $950 | 17 |
Cheapest Available Faribault Apartments for Rent and Nearby
The cheapest available apartment rental in Faribault, MN is a 1 Bed unit found at Town's Edge Place Apartments in the Downtown Faribault neighborhood priced from $975. 838 & 848 9th Avenue in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Faribault apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
| 838 & 848 9th Avenue | Upstairs 2 Bedroom | 2BR,1BA | $1,075 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,200 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Faribault, MN and Nearby
As of June 22, 2025 the best value apartment in the Faribault 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 Faribault 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 Faribault 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 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| 838 & 848 9th Avenue | Upstairs 2 Bedroom | 2BR,1BA | $1.43 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
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Frequently Asked Questions about Faribault
What type of rentals are currently available in Faribault?
There are currently 45 Apartments for Rent in Faribault, MN with pricing that ranges from $950 to $3,694. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faribault ranging from $1,200 to $6,350.
What is the current price range for Rental Homes in Faribault?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Faribault ranges from $1,200 to $6,350 with an average monthly rent of $2,840.
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.
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.
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.
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.
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.