12655 Garner Way
St. PaulMN55124
Cheap Homes for Rent in Farmington, MN from $1,500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.
7126 123rd St W
St. PaulMN55124
2894 138th St W
RosemountMN55068
20577 Erin Ct
FarmingtonMN55024
993 Oriole Dr
Apple ValleyMN55124
15581 Flight Way
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.
9830 Upper 161st St W
LakevilleMN55044
15539 Float Ln
Apple ValleyMN55124
14248 Hemlock Ct N
Apple ValleyMN55124
220 1st St
FarmingtonMN55024
345 Brutus Dr
LakevilleMN55044
12710 Granger Ct
St. PaulMN55124
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.
7155 126th St W
St. PaulMN55124
7255 126th St W
St. PaulMN55124
12585 Gavotte Ave
St. PaulMN55124
15531 Flyboat Ln
Apple ValleyMN55124
20660 Holyoke Ave
LakevilleMN55044
5178 148th St W
Apple ValleyMN55124
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.
Showing Results 1-18, Page 1 of 1
Farmington, MN Local Guide
Farmington Exchange by Appraiser is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington 2 Bedroom Homes for Rent | $2,004 | $1,550 | $3,495 |
| Farmington 3 Bedroom Homes for Rent | $2,339 | $1,600 | $3,550 |
| Farmington 4 Bedroom Homes for Rent | $3,342 | $2,295 | $3,990 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Farmington, MN Local Guide
- Farmington Neighborhoods
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Cheapest Neighborhoods for Apartments in Farmington, MN
Pricing Updated: 05/07/2026Current 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 | $2,395 | $1,350 | 42 |
| Mystic Meadows | $2,395 | $1,250 | 62 |
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 $1,467. 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 | $1,467 |
| Springs At Cobblestone Lake | Studio Grand Overlook | Studio,1BA | $1,494 |
| The Emery Apartments | One Bedroom | 1BR,1BA | $1,525 |
| The Edison at Spirit | FORD | 1BR,1BA | $1,601 |
Best Value Apartments for Rent in Farmington, MN
As of May 07, 2026 the best value apartment in the Farmington area is the $1.78 price per square foot LAMARR II (ACC) Model at The Edison at Avonlea in the in the Donnelly Farm neighborhood starting from $1,953. The second greatest value Farmington apartment is the Belgian (Lower) Model at Livery Modern Apartments starting at $2,092 with a $2.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.78 |
| Livery Modern Apartments | Belgian (Lower) | 1BR,1BA | $2.28 |
| The Edison at Spirit | FORD | 1BR,1BA | $2.06 |
| The Emery Apartments | 1 Bedroom plus Den | 1BR,1BA | $2.43 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.89 |
| Rye Apartments | Danko | 1BR,1BA | $2.34 |
| Springs at Lakeville | Studio Grand Overlook | Studio ,1BA | $2.22 |
| Springs At Cobblestone Lake | Studio Grand Overlook | Studio ,1BA | $2.39 |
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.
Read Article
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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See the most popular apartments and homes in Farmington, MN
Frequently Asked Questions about Farmington
What type of rentals are currently available in Farmington?
There are currently 40 Apartments for Rent in Farmington, MN with pricing that ranges from $1,250 to $2,837. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,550 to $3,990.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $1,550 to $3,990 with an average monthly rent of $2,561.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.