
Cheap Homes for Rent in Farmington, MN from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.


12655 Garner Way

12687 Garner Way
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.

12559 Gavotte Ave

5106 Hummingbird Ln

14651 Evergreen Trail
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6414 158th St W
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 | $1,550 | $3,100 |
Farmington 3 Bedroom Homes for Rent | $2,401 | $1,601 | $3,200 |
Farmington 4 Bedroom Homes for Rent | $3,283 | $2,495 | $4,500 |
Farmington 5 Bedroom Homes for Rent | $5,225 | $3,700 | $6,750 |
Browse Top Homes for Rent in Farmington
Explore Farmington
Farmington, MN Local Guide
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Cheapest Neighborhoods for Apartments in Farmington, MN
Pricing Updated: 06/03/2025Current 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 | $2,570 | $1,195 | 47 |
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 Lakeville in the Donnelly Farm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,360. Here is today’s list of the most affordable Farmington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1,150 |
Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,360 |
Springs At Cobblestone Lake | Studio Grand Overlook | Studio,1BA | $1,361 |
Best Value Apartments for Rent in Farmington, MN
As of June 03, 2025 the best value apartment in the Farmington area is the $1.93 price per square foot Clydesdale Lower Model at Livery Modern Apartments in the in the Glendalough neighborhood starting from $2,665. The second greatest value Farmington apartment is the 345 3rd St Model at 345 3rd St, Unit Fletcher starting at $1,425 with a $1.68 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Livery Modern Apartments | Clydesdale Lower | 3BR,2BA | $1.93 |
345 3rd St, Unit Fletcher | 345 3rd St | 1BR,1BA | $1.68 |
The Edison at Avonlea | FRANKLIN | 1BR,1BA | $1.92 |
Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
The Emery | C01 + Den | 1BR,1BA | $2.37 |
Springs at Lakeville | Studio Grand Overlook | Studio ,1BA | $2.05 |
Springs At Cobblestone Lake | Studio Grand Overlook | Studio ,1BA | $2.17 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 $1,095 to $3,694. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,550 to $6,750.
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 $6,750 with an average monthly rent of $3,231.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.