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Rent Specials
$1,350
Plus Fees
2 Bedroom Apartments Available NowCentennial & Heritage Apartments
1337 Centennial DrFarmington, MN 55024
Cheap Apartments for Rent in Farmington, MN from $1,200 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Farmington.
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1 to 3 Bedroom Apartments
Cameron Woods
18400-18500 Euclid StFarmington, MN 55024
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1 to 2 Bedroom Apartments
900 8th St
900 8th StFarmington, MN 55024
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Studio Apartments
917 9th St
917 9th StFarmington, MN 55024
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1 to 2 Bedroom Apartments
Fairview Apartments
1020 3rd StFarmington, MN 55024
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 Bedroom Apartments
Country View of Lakeville
5865 177th St WFarmington, MN 55024
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Studio Apartments
Walnut Apartments
521 3rd StFarmington, MN 55024
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1 to 2 Bedroom Apartments
Eighth Street Apartments
811 8th StFarmington, MN 55024
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2 to 3 Bedroom Apartments
Farmington Family Townhomes
959 Catalina WayFarmington, MN 55024
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1 to 2 Bedroom Apartments
Vermillion River Crossing
21400 Dushane PkyFarmington, MN 55024
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$1,789 - $6,762
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,694 - $6,667
Required Monthly Fees
$95
Total Monthly Price
$1,789 - $6,762
Livery Modern Apartments
5076 161st St WLakeville, MN 55044
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$1,445 - $2,780
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $2,634
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Springs at Lakeville
17400 Glacier WayLakeville, MN 55044
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$1,614 - $2,348
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,606 - $2,340
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The Edison at Spirit
5181 161st StLakeville, MN 55044
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$1,568 - $1,749
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 26Total Monthly Price
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$1,560 - $1,741
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The Edison at Avonlea
7255 181st St WLakeville, MN 55044
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Studio to 3 Bedroom Apartments
Springs At Cobblestone Lake
15899 Elmhurst LnApple Valley, MN 55124
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 3 Bedroom Apartments
Wexford Place
15850 Chippendale Ave WRosemount, MN 55068
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1 to 2 Bedroom Apartments
Cobblestone Square
15848 Emperor AveSt. Paul, MN 55124
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Farmington, MN Local Guide
How much does it cost to rent an apartment in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington Studio Apartments | $1,473 | $1,455 | $1,510 |
| Farmington 1 Bedroom Apartments | $1,706 | $1,535 | $2,059 |
| Farmington 2 Bedroom Apartments | $2,033 | $1,250 | $2,593 |
| Farmington 3 Bedroom Apartments | $2,707 | $2,348 | $3,017 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Farmington
See all Apartments in FarmingtonExplore Farmington
Farmington, MN Local Guide
- Farmington Neighborhoods
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Cheapest Neighborhoods for Apartments in Farmington, MN
Pricing Updated: 06/15/2026Current apartment rentals in the Farmington, 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 Farmington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Middle Creek | $2,012 | $1,350 | 21 |
| Mystic Meadows | $2,444 | $1,250 | 32 |
Cheapest Available Farmington Apartments for Rent
The cheapest available apartment rental in Farmington, MN is a 2 Beds unit found at Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,350. Springs at Lakeville in the Donnelly Farm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. Here is today’s list of the most affordable Farmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,445 |
| The Emery Apartments | One Bedroom | 1BR,1BA | $1,535 |
| Rye Apartments | Danko | 1BR,1BA | $1,655 |
| The Edison at Spirit | GATES II (ACC) | 1BR,1BA | $1,702 |
Best Value Apartments for Rent in Farmington, MN
As of June 15, 2026 the best value apartment in the Farmington area is the $2.24 price per square foot Belgian (Lower) Model at Livery Modern Apartments in the in the Cobblestone Legacy neighborhood starting from $2,059. The second greatest value Farmington apartment is the 1 BR Aspire Overlook Model at Springs At Cobblestone Lake starting at $1,896 with a $2.15 price per square foot in the Glendalough neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Livery Modern Apartments | Belgian (Lower) | 1BR,1BA | $2.24 |
| Springs At Cobblestone Lake | 1 BR Aspire Overlook | 1BR,1BA | $2.15 |
| The Edison at Spirit | GATES II (ACC) | 1BR,1BA | $1.98 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.89 |
| The Emery Apartments | One Bedroom | 1BR,1BA | $2.17 |
| Rye Apartments | Danko | 1BR,1BA | $2.35 |
| Springs at Lakeville | Studio Grand Overlook | Studio ,1BA | $2.18 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Frequently Asked Questions about Cheap Farmington Apartments
What is the Cheapest Studio apartment in Farmington?
Currently the most affordable Cheap Studio Apartment in Farmington is at Springs at Lakeville listed at $1,445.
How much is rent for a Cheap One Bedroom Farmington Apartment?
The lowest price for a Cheap One Bedroom Farmington Apartment is $1,535 at The Emery Apartments.
What is the lowest price for a Cheap Two Bedroom Farmington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Farmington is starting from $1,350 at Centennial & Heritage Apartments.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.