910 E Rice Lake Rd
OwatonnaMN55060
Cheap Homes for Rent in Faribault, MN from $1,400 (15 Rentals)
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501 1st St W
NorthfieldMN55057
20660 Holyoke Ave
LakevilleMN55044
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$1,450
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2 Bedroom Apartments Available Now1402 Division St W
1402 Division St WFaribault, MN 55021
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$1,450
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2 Bedroom Apartments Available Nov 11402 Division St W
1402 Division St WFaribault, MN 55021
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$1,450
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2 Bedroom Apartments Available Nov 11402 Division St W
1402 Division St WFaribault, MN 55021
16520 Tranquility Ct
Prior LakeMN55372
5325 206th St W
FarmingtonMN55024
15537 Foghorn Ln
Apple ValleyMN55124
884 MacBeth Cir
LakevilleMN55044
1180 Highland Ave W
NorthfieldMN55057
157 Anthony Dr
LakevilleMN55044
835 MacBeth Cir
LakevilleMN55044
605 MacBeth Cir
LakevilleMN55044
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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 | $1,730 | $1,400 | $2,150 |
| Faribault 3 Bedroom Homes for Rent | $2,264 | $1,775 | $3,000 |
| Faribault 4 Bedroom Homes for Rent | $3,194 | $2,300 | $4,900 |
| Faribault 5 Bedroom Homes for Rent | $3,143 | $2,400 | $4,099 |
| Faribault 6 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Faribault, MN Local Guide
- Faribault Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Faribault, MN
Pricing Updated: 10/23/2025Current 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 | $1,450 | $775 | 32 |
| Cottage Grove | $1,450 | $775 | 29 |
| Downtown Faribault | $1,450 | $775 | 33 |
| Fair Park | $1,450 | $775 | 33 |
Cheapest Available Faribault Apartments for Rent and Nearby
The cheapest available apartment rental in Faribault, MN is a 1 Bed unit found at Four Seasons Apartments in the Downtown Faribault neighborhood priced from $925. Town's Edge Place Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Faribault apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $925 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $995 |
| Straight River Apartments, LLC | Studio | Studio,1BA | $1,000 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,099 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Faribault, MN and Nearby
As of October 23, 2025 the best value apartment in the Faribault area is the $1.36 price per square foot 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,345. 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. |
|---|---|---|---|
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| 1104 3rd St SW, Unit 1 | 1104 3rd St SW | 2BR,1BA | $0.91 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.52 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
| Elmview II Apartments | 1 BD/1 BA | 1BR,1BA | $2.04 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1.82 |
| Straight River Apartments, LLC | Studio | Studio ,1BA | $2.50 |
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Best Local Schools in Faribault, MN
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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 $775 to $1,860. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faribault ranging from $1,400 to $4,900.
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 $1,400 to $4,900 with an average monthly rent of $2,825.
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.