Budget Leases

Apartments for Rent in Faribault, MN

Across 5 rentals in Faribault, MN, the cheapest we list is $1,000/mo and the average asking rent is around $1,175/mo. That's about 18% under the MN average of $1,434/mo, on the cheaper side for the state. By size, expect one-bedrooms around $1,219/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$1,000
lowest listed rent
Average rent
$1,17518% below MN
across all sizes
Average by sizevs MN typical
Studio$1,00023% below MN
1 bed$1,21913% below MN

5 rentals in Faribault, MN

Every size & style, ranked by price

Renting in Faribault, MN: common questions

How much is rent in Faribault, MN?
The average asking rent across the 5 listings we track in Faribault, MN is $1,175/mo, with the cheapest starting at $1,000/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Faribault?
Straight River Apartments is the lowest-priced rental we're tracking in Faribault, MN at $1,000/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Faribault?
Based on the listings we track in Faribault, MN: studios around $1,000/mo, one-bedrooms around $1,219/mo. These are averages and shift with availability.
Is Faribault expensive to rent in?
Relatively no. Faribault's average rent of $1,175/mo is about 18% below the MN state average of $1,434/mo, making it one of the more affordable markets in the state.

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Nearby cities
Northfield, MNOwatonna, MNLakeville, MNApple Valley, MNSavage, MNRosemount, MNBurnsville, MNPrior Lake, MN
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