1000 Division St S
NorthfieldMN55057
Cheap Homes for Rent in Faribault, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Faribault.
371 Brutus Dr
LakevilleMN55044
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.
611 Walnut St
FarmingtonMN55024
442 Romeo Dr
LakevilleMN55044
18279 Key W Ct
LakevilleMN55044
1349 Willow Trail
FarmingtonMN55024
17397 Gettysburg Way
LakevilleMN55044
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
17032 Eagleview Ln
FarmingtonMN55024
5418 Fawn Meadow Curve
Prior LakeMN55372
20072 Holt Ave
LakevilleMN55044
Showing Results 1-10, Page 1 of 1
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 | $2,238 | $2,095 | $2,495 |
| Faribault 3 Bedroom Homes for Rent | $2,434 | $1,200 | $3,500 |
| Faribault 4 Bedroom Homes for Rent | $3,328 | $2,700 | $4,900 |
| Faribault 5 Bedroom Homes for Rent | $3,923 | $3,200 | $5,000 |
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: 08/07/2025Current 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 |
|---|---|---|---|
| Downtown Faribault | $3,500 | $3,500 | 1 |
| Fair Park | $3,500 | $3,500 | 1 |
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. Heritage Bluff Apartments LLC in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. 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 |
| Heritage Bluff Apartments LLC | 1 bedroom 1 bathroom | 1BR,1BA | $1,150 |
| Elmview II Apartments | 1 BD/1 BA ADA | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Faribault, MN and Nearby
As of August 07, 2025 the best value apartment in the Faribault area is the $1.37 price per square foot 2 Bedroom 1 Bath Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,350. The second greatest value Faribault apartment is the 3 Bedroom Model at Town's Edge Place Apartments starting at $1,350 with a $1.40 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. |
|---|---|---|---|
| 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 | $1.69 |
| Heritage Bluff Apartments LLC | 1 bedroom 1 bathroom | 1BR,1BA | $1.56 |
| Elmview II Apartments | 1 BD/1 BA | 1BR,1BA | $2.04 |
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 Faribault area?
If you’re an expert on all things Faribault, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Faribault
What type of rentals are currently available in Faribault?
There are currently 47 Apartments for Rent in Faribault, MN with pricing that ranges from $950 to $1,875. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faribault ranging from $1,200 to $5,000.
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 $5,000 with an average monthly rent of $2,980.
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 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.
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.