Cheap Homes for Rent in Farmington, MN from $1,500 (12 Rentals)

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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.

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: 07/23/2025

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
Mystic Meadows$4,064$1,89512

Cheapest Available Farmington Apartments for Rent

 

The cheapest available apartment rental in Farmington, MN is a 1 Bed unit found at Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,150. The Emery in the Wood Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150
The EmeryB011BR,1BA$1,500
Springs At Cobblestone LakeStudio Grand OverlookStudio,1BA$1,566
Springs at Lakeville1 BR Designer Overlook1BR,1BA$1,617
Livery Modern ApartmentsClydesdale Upper3BR,2BA$2,845

Best Value Apartments for Rent in Farmington, MN

As of July 23, 2025 the best value apartment in the Farmington area is the $1.89 price per square foot Clydesdale Upper Model at Livery Modern Apartments in the in the Cobblestone Legacy neighborhood starting from $2,845. The second greatest value Farmington apartment is the 1 bedroom Model at Centennial & Heritage Apartments starting at $1,150 with a $1.41 price per square foot in the Wood Hill 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.
Livery Modern ApartmentsClydesdale Upper3BR,2BA$1.89
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
The EmeryC01 + Den1BR,1BA$2.37
Springs at LakevilleStudio Grand OverlookStudio ,1BA$2.49
Springs At Cobblestone LakeStudio Grand OverlookStudio ,1BA$2.51

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Frequently Asked Questions about Farmington

What type of rentals are currently available in Farmington?

There are currently 38 Apartments for Rent in Farmington, MN with pricing that ranges from $1,150 to $2,853. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,550 to $4,900.

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 $4,900 with an average monthly rent of $2,913.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.