7126 123rd St W
St. PaulMN55124
Cheap Homes for Rent in Farmington, MN from $1,500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.
2894 138th St W
RosemountMN55068
9830 Upper 161st St W
LakevilleMN55044
1516 149th St W
RosemountMN55068
504 Juliet Dr
LakevilleMN55044
220 1st St
FarmingtonMN55024
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.
12710 Granger Ct
St. PaulMN55124
7155 126th St W
St. PaulMN55124
7255 126th St W
St. PaulMN55124
12585 Gavotte Ave
St. PaulMN55124
15531 Flyboat Ln
Apple ValleyMN55124
733 Juliet Dr
LakevilleMN55044
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.
15563 Garnet Way
Apple ValleyMN55124
14764 Excelsior Ln
Apple ValleyMN55124
15602 Eagles Nest Way
Apple ValleyMN55124
7990 210th St W
LakevilleMN55044
365 Brutus Dr
LakevilleMN55044
801 MacBeth Cir
LakevilleMN55044
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.
824 MacBeth Cir
LakevilleMN55044
Showing Results 1-19, Page 1 of 1
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 | $2,016 | $1,599 | $3,350 |
| Farmington 3 Bedroom Homes for Rent | $2,448 | $1,600 | $4,300 |
| Farmington 4 Bedroom Homes for Rent | $3,063 | $1,700 | $3,990 |
| Farmington 5 Bedroom Homes for Rent | $2,345 | $2,195 | $2,495 |
| Farmington 6 Bedroom Homes for Rent | $3,550 | $3,550 | $3,550 |
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
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Cheapest Neighborhoods for Apartments in Farmington, MN
Pricing Updated: 06/22/2026Current 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 |
|---|---|---|---|
| Mystic Meadows | $2,483 | $1,250 | 29 |
Cheapest Available Farmington Apartments for Rent
The cheapest available apartment rental in Farmington, MN is a 1 Bed unit found at Wexford Place in the Glendalough neighborhood priced from $1,192. Centennial & Heritage Apartments in the Wood Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here is today’s list of the most affordable Farmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wexford Place | A1 | 1BR,1BA | $1,192 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,461 |
| Springs At Cobblestone Lake | Studio Grand Overlook | Studio,1BA | $1,469 |
| Rye Apartments | Danko | 1BR,1BA | $1,655 |
Best Value Apartments for Rent in Farmington, MN
As of June 22, 2026 the best value apartment in the Farmington area is the $2.27 price per square foot Kinsey (Lower) Model at Livery Modern Apartments in the in the Cobblestone Legacy neighborhood starting from $2,543. The second greatest value Farmington apartment is the GATES II (ACC) Model at The Edison at Spirit starting at $1,702 with a $1.98 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. |
|---|---|---|---|
| Livery Modern Apartments | Kinsey (Lower) | 2BR,2BA | $2.27 |
| The Edison at Spirit | GATES II (ACC) | 1BR,1BA | $1.98 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.89 |
| Rye Apartments | Danko | 1BR,1BA | $2.35 |
| Springs at Lakeville | Studio Grand Overlook | Studio ,1BA | $2.21 |
| Springs At Cobblestone Lake | Studio Grand Overlook | Studio ,1BA | $2.35 |
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 $2,857. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,599 to $4,300.
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 $4,300 with an average monthly rent of $2,684.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.