Cheap Apartments for Rent in Farmington, MN from $1,250 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Farmington.

property at 808 2nd St
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Now

808 2nd St

FarmingtonMN55024
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349 3rd St, Unit The Oak Room
$1,325

Total Monthly Price

Base Rent$1,325

Total Monthly Price$1,325
12 Month Lease Term
1 Bedroom Apartment Available Now

349 3rd St, Unit The Oak Room

349 3rd StFarmington, MN 55024
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Rye Apartments
Rent Specials
$1,428 - $2,260

Total Monthly Price

Base Rent$1,428 - $2,260

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Rye Apartments

21401 Dushane PkyFarmington, MN 55024
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The Emery Apartments
Rent Specials
$1,525 - $2,275

Total Monthly Price

Base Rent$1,525 - $2,275

Total Monthly Price$1,525 - $2,275
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Emery Apartments

310 3rd StFarmington, MN 55024
Luxury
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Trinity Terrace
1 to 2 Bedroom Apartments

Trinity Terrace

3330 213th St WFarmington, MN 55024
Senior Living
  • Utilities Included
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Springs at Lakeville
Rent Specials
$1,521 - $2,612

Total Monthly Price

Base Rent$1,375 - $2,466
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Springs at Lakeville

17400 Glacier WayLakeville, MN 55044
Corporate Housing
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property at 16959 Garcia Wy
$1,549

Total Monthly Price

Base Rent$1,549

Total Monthly Price$1,549
2 Bedroom, 1 Bath Home for Rent
Available Oct 1

16959 Garcia Wy

RosemountMN55068
property at 16953 Garcia Wy
$1,595

Total Monthly Price

Base Rent$1,595

Total Monthly Price$1,595
2 Bedroom Rentals
Available Now

16953 Garcia Wy

RosemountMN55068
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The Edison at Spirit
$1,640 - $2,027

Total Monthly Price

Base Rent$1,632 - $2,019
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 16

The Edison at Spirit

5181 161st StLakeville, MN 55044
Corporate Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Edison at Avonlea
Rent Specials
$1,646 - $2,099

Total Monthly Price

Base Rent$1,638 - $2,091
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Edison at Avonlea

7255 181st St WLakeville, MN 55044
Affordability
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Livery Modern Apartments
$1,849 - $6,499

Total Monthly Price

Base Rent$1,754 - $6,404
Required Monthly Fees$95

Total Monthly Price$1,849 - $6,499
1 to 3 Bedroom Apartments Available Now

Livery Modern Apartments

5076 161st St WLakeville, MN 55044
Affordability
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Wexford Place
1 to 3 Bedroom Apartments

Wexford Place

15850 Chippendale Ave WRosemount, MN 55068
  • Utilities Included
property at 7126 123rd St W
$1,599

Total Monthly Price

Base Rent$1,599

Total Monthly Price$1,599
2 Bedroom, 2 Bath Home for Rent
Available Now

7126 123rd St W

St. PaulMN55124
property at 8295-8301 144th St W
$1,675

Total Monthly Price

Base Rent$1,675

Total Monthly Price$1,675
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

8295-8301 144th St W

St. PaulMN55124
property at 15539 Float Ln
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

15539 Float Ln

Apple ValleyMN55124

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 12710 Granger Ct
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

12710 Granger Ct

St. PaulMN55124
property at 7155 126th St W
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

7155 126th St W

St. PaulMN55124
property at 7255 126th St W
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

7255 126th St W

St. PaulMN55124
property at 12585 Gavotte Ave
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now

12585 Gavotte Ave

St. PaulMN55124
property at 18340 Kerrville Trail
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
2 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

18340 Kerrville Trail

LakevilleMN55044
property at 14865 Damask Ave W
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
3 Bedroom, 1 Bath Home for Rent
Available Oct 1

14865 Damask Ave W

RosemountMN55068
property at 7184 155th St W
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
12 Month Lease Term
2 Bedroom, 2 Bath Townhome for Rent
Available Nov 1

7184 155th St W

Apple ValleyMN55124

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.

Farmington, MN Local Guide

Cheapest Neighborhoods for Apartments in Farmington, MN

Pricing Updated: 09/15/2026

Current apartment rentals in the Farmington, MN area range in price from $1,250 to $2,612 with an overall median price of $1,685. Here is today’s list neighborhoods with the lowest median pricing for Farmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mystic Meadows$1,685$1,25030

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 $1,250. Wexford Place in the Meadows of Bloomfield neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,426. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments2 BD/1 BA (715)2BR,1BA$1,250
Wexford PlaceC3 - ACC2BR,2BA$1,426
Rye ApartmentsDanko1BR,1BA$1,540
Springs at Lakeville1 BR Grand Courtyard1BR,1BA$1,587
The Edison at AvonleaFORD1BR,1BA$1,646
Springs At Cobblestone Lake1 BR Grand Courtyard Garage1BR,1BA$1,954
The Emery ApartmentsTwo Bedroom2BR,2BA$2,225
Livery Modern ApartmentsColt (Lower)2BR,2BA$2,285

Best Value Apartments for Rent in Farmington, MN

As of September 15, 2026 the best value apartment in the Farmington area is the $1.77 price per square foot Two Bedroom Model at The Emery Apartments in the in the Wood Hill neighborhood starting from $2,225. The second greatest value Farmington apartment is the Kinsey (Lower) Model at Livery Modern Apartments starting at $2,410 with a $2.15 price per square foot in the Cobblestone Legacy neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Emery ApartmentsTwo Bedroom2BR,2BA$1.77
Livery Modern ApartmentsKinsey (Lower)2BR,2BA$2.15
Wexford PlaceC22BR,2BA$1.48
Springs At Cobblestone Lake1 BR Grand Courtyard Garage1BR,1BA$2.39
349 3rd St, Unit The Oak Room349 3rd St1BR,1BA$1.66
Springs at Lakeville1 BR Designer Courtyard1BR,1BA$1.99
The Edison at AvonleaFORD1BR,1BA$2.17
Centennial & Heritage Apartments2 BD/1 BA (720)2BR,1BA$1.88
Rye ApartmentsDanko1BR,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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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Farmington Apartments

How much is rent for a Cheap One Bedroom Farmington Apartment?

The lowest price for a Cheap One Bedroom Farmington Apartment is $1,540 at Rye 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 $1,250 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.