7126 123rd St W
St. PaulMN55124
Cheap Homes for Rent near Farmington, MN from $1,500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.
2894 138th St W
RosemountMN55068
9830 Upper 161st St W
LakevilleMN55044
15539 Float Ln
Apple ValleyMN55124
504 Juliet Dr
LakevilleMN55044
15563 Garnet Way
Apple ValleyMN55124
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.
14764 Excelsior Ln
Apple ValleyMN55124
12710 Granger Ct
St. PaulMN55124
7155 126th St W
St. PaulMN55124
7255 126th St W
St. PaulMN55124
12585 Gavotte Ave
St. PaulMN55124
15753 Flackwood Ave
Apple ValleyMN55124
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.
6869 Folkestone Rd
St. PaulMN55124
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Farmington, MN Local Guide
How much does it cost to rent a home in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington 2 Bedroom Homes for Rent | $2,017 | $1,599 | $2,395 |
| Farmington 3 Bedroom Homes for Rent | $2,434 | $1,600 | $3,850 |
| Farmington 4 Bedroom Homes for Rent | $3,055 | $2,175 | $3,990 |
| Farmington 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
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Farmington, MN Local Guide
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Cheapest Neighborhoods for Apartments in Farmington, MN
Pricing Updated: 08/08/2026Current apartment rentals in the Farmington, MN area range in price from $1,250 to $2,857 with an overall median price of $1,695. Here is today’s list neighborhoods with the lowest median pricing for Farmington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Mystic Meadows | $1,695 | $1,250 | 26 |
Cheapest Available Farmington Apartments for Rent and Nearby
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 Glendalough 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1,250 |
| Wexford Place | C3 - ACC | 2BR,2BA | $1,426 |
| The Emery Apartments | One Bedroom | 1BR,1BA | $1,535 |
| Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,547 |
| Rye Apartments | Danko | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Farmington, MN and Nearby
As of August 08, 2026 the best value apartment in the Farmington area is the $1.81 price per square foot 2 BR Grand Overlook Model at Springs At Cobblestone Lake in the in the Glendalough neighborhood starting from $2,153. The second greatest value Farmington apartment is the Kinsey (Lower) Model at Livery Modern Apartments starting at $2,559 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. |
|---|---|---|---|
| Springs At Cobblestone Lake | 2 BR Grand Overlook | 2BR,2BA | $1.81 |
| Livery Modern Apartments | Kinsey (Lower) | 2BR,2BA | $2.28 |
| Wexford Place | C2 | 2BR,2BA | $1.48 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.75 |
| The Emery Apartments | One Bedroom | 1BR,1BA | $2.17 |
| Rye Apartments | Danko | 1BR,1BA | $2.34 |
| Springs at Lakeville | Studio Grand Overlook | Studio ,1BA | $2.34 |
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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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 $2,912. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,599 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 $1,599 to $3,990 with an average monthly rent of $2,538.
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
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.