306 State Ave
OwatonnaMN55060
Cheap Homes for Rent in Faribault, MN from $1,100 (8 Rentals)
Cheap Homes in Faribault.
240 E Rice St
OwatonnaMN55060
1000 Division St S
NorthfieldMN55057
405 Front St
West ConcordMN55985
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.
620 Prairie Ave SW
FaribaultMN55021
94 Viking Terrace
NorthfieldMN55057
217 Irving Ave
FaribaultMN55021
6414 158th St W
Apple ValleyMN55124
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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 | $1,898 | $1,200 | $2,595 |
| Faribault 3 Bedroom Homes for Rent | $2,193 | $1,300 | $2,699 |
| Faribault 4 Bedroom Homes for Rent | $3,081 | $1,995 | $4,995 |
| Faribault 5 Bedroom Homes for Rent | $3,263 | $2,495 | $4,495 |
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: 05/05/2025Current 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 |
|---|---|---|---|
| Cottage Grove | $1,895 | $1,825 | 2 |
| Downtown Faribault | $1,895 | $1,825 | 2 |
| Fair Park | $1,922 | $1,825 | 2 |
Cheapest Available Faribault Apartments for Rent and Nearby
The cheapest available apartment rental in Faribault, MN is a 1 Bed unit found at Southgate Village in the Fair Park neighborhood priced from $780. 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 $975. Here is today’s list of the most affordable Faribault apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southgate Village | 1 Bedroom | 1BR,1BA | $780 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
| Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1,250 |
Best Value Apartments for Rent in Faribault, MN and Nearby
As of May 05, 2025 the best value apartment in the Faribault area is the $1.04 price per square foot 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,250. The second greatest value Faribault apartment is the 3 bedroom 2 bathroom Model at Heritage Bluff Apartments LLC starting at $1,550 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. |
|---|---|---|---|
| Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.04 |
| Heritage Bluff Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.40 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| 1109 1st Ave NW, Unit 2 | 1109 1st Ave NW | 2BR,1BA | $1.23 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| Southgate Village | 1 Bedroom | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Faribault
What type of rentals are currently available in Faribault?
There are currently 48 Apartments for Rent in Faribault, MN with pricing that ranges from $850 to $3,694. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faribault ranging from $1,100 to $4,995.
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 $1,100 to $4,995 with an average monthly rent of $2,307.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.