Cheap Homes for Rent in Farmington, MN from $1,500 (18 Rentals)

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

property at 12655 Garner Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2 Bath Home for Rent

Available Now

12655 Garner Way

St. PaulMN55124
property at 7126 123rd St W

$1,599

Total Monthly Price

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 2894 138th St W

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

2894 138th St W

RosemountMN55068
property at 20577 Erin Ct

$1,725

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

2 Bedroom, 2 Bath Townhome for Rent

Available Apr 1

20577 Erin Ct

FarmingtonMN55024
property at 513 Tamarack Trl

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

513 Tamarack Trl

FarmingtonMN55024
property at 993 Oriole Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

993 Oriole Dr

Apple ValleyMN55124

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.

property at 15539 Float Ln

$1,845

Total Monthly Price

Total Monthly Price

Base Rent
$1,845

Total Monthly Price
$1,845

2 Bedroom, 1.5 Bath Townhome for Rent

Available Apr 1

15539 Float Ln

Apple ValleyMN55124
property at 220 1st St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Townhome for Rent

Available Now

220 1st St

FarmingtonMN55024
property at 15626 Float Ct

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2.5 Bath Townhome for Rent

Available May 10

15626 Float Ct

Apple ValleyMN55124
property at 12710 Granger Ct

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

12710 Granger Ct

St. PaulMN55124
property at 7155 126th St W

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

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 Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

7255 126th St W

St. PaulMN55124

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 12585 Gavotte Ave

$1,850

Total Monthly Price

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 15531 Flyboat Ln

$1,865

Total Monthly Price

Total Monthly Price

Base Rent
$1,865

Total Monthly Price
$1,865

2 Bedroom, 1.5 Bath Home for Rent

Available Now

15531 Flyboat Ln

Apple ValleyMN55124
property at 503 Juliet Dr

$1,865

Total Monthly Price

Total Monthly Price

Base Rent
$1,865

Total Monthly Price
$1,865

3 Bedroom, 2 Bath Home for Rent

Available Now

503 Juliet Dr

LakevilleMN55044
property at 141 Anthony Dr

$1,865

Total Monthly Price

Total Monthly Price

Base Rent
$1,865

Total Monthly Price
$1,865

3 Bedroom, 2 Bath Home for Rent

Available Now

141 Anthony Dr

LakevilleMN55044
property at 14315 Estates Ave

$1,899

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

2 Bedroom, 2 Bath Home for Rent

Available Apr 10

14315 Estates Ave

Apple ValleyMN55124
property at 16311 Jatos Cir

$1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 2.5 Bath Townhome for Rent

Available May 8

16311 Jatos Cir

LakevilleMN55044

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Farmington, MN Local Guide

Cheapest Neighborhoods for Apartments in Farmington, MN

Pricing Updated: 03/20/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Middle Creek$2,395$1,25082
Mystic Meadows$2,395$1,275104

Cheapest Available Farmington Apartments for Rent

 

The cheapest available apartment rental in Farmington, MN is a 1 Bed unit found at Rye Apartments in the Wood Hill neighborhood priced from $1,480. Springs at Lakeville in the Donnelly Farm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,508. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rye ApartmentsAbruzzi1BR,1BA$1,480
Springs at LakevilleStudio Grand OverlookStudio,1BA$1,508
Springs At Cobblestone LakeStudio Grand OverlookStudio,1BA$1,533
Livery Modern ApartmentsApaloosa1BR,1BA$1,735
The EmeryC02.11BR,1BA$1,800

Best Value Apartments for Rent in Farmington, MN

As of March 21, 2026 the best value apartment in the Farmington area is the $1.77 price per square foot LAMARR II (ACC) Model at The Edison at Avonlea in the in the Donnelly Farm neighborhood starting from $1,945. The second greatest value Farmington apartment is the Mustang (Upper) Model at Livery Modern Apartments starting at $1,945 with a $2.11 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 Edison at AvonleaLAMARR II (ACC)2BR,2BA$1.77
Livery Modern ApartmentsMustang (Upper)1BR,1BA$2.11
The EmeryC02.11BR,1BA$2.25
Springs at LakevilleStudio Grand OverlookStudio ,1BA$2.28
Rye ApartmentsAbruzzi1BR,1BA$2.31
Springs At Cobblestone LakeStudio Grand OverlookStudio ,1BA$2.45

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Farmington

What type of rentals are currently available in Farmington?

There are currently 39 Apartments for Rent in Farmington, MN with pricing that ranges from $1,250 to $2,965. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,550 to $3,950.

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 $3,950 with an average monthly rent of $2,581.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.