Cheap Homes for Rent in Farmington, MN from $1,400 (9 Rentals)

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

property at 20660 Holyoke Ave

20660 Holyoke Ave

LakevilleMN55044
property at 12655 Garner Way

12655 Garner Way

St. PaulMN55124
property at 13940 Bundoran Ave

13940 Bundoran Ave

RosemountMN55068
property at 2894 138th St W

2894 138th St W

RosemountMN55068

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 20641 Brennan Path

20641 Brennan Path

FarmingtonMN55024
property at 14260 Empire Ave

14260 Empire Ave

Apple ValleyMN55124
property at 14391 Estates Ave

14391 Estates Ave

Apple ValleyMN55124

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 17349 Gettysburg Way

17349 Gettysburg Way

LakevilleMN55044

Farmington, MN Local Guide

Cheapest Neighborhoods for Apartments in Farmington, MN

Pricing Updated: 11/14/2025

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$3,895$1,40012

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. Springs At Cobblestone Lake in the Cobblestone Legacy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,307. 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
Springs At Cobblestone LakeStudio Grand OverlookStudio,1BA$1,307
Rye ApartmentsAbruzzi1BR,1BA$1,315

Best Value Apartments for Rent in Farmington, MN

As of November 14, 2025 the best value apartment in the Farmington area is the $2.32 price per square foot Mustang Lower Model at Livery Modern Apartments in the in the Cobblestone Legacy neighborhood starting from $2,021. 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 ApartmentsMustang Lower1BR,1BA$2.32
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
The Edison at AvonleaFORD1BR,1BA$2.03
The Edison at SpiritEASTMAN1BR,1BA$2.07
Rye ApartmentsHazlet1BR,1BA$2.06
The EmeryC01 + Den1BR,1BA$2.37
Springs at LakevilleStudio Grand OverlookStudio ,1BA$2.16
Springs At Cobblestone LakeStudio Grand OverlookStudio ,1BA$2.09

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 38 Apartments for Rent in Farmington, MN with pricing that ranges from $1,150 to $2,850. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,400 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 $1,400 to $4,900 with an average monthly rent of $2,961.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.