Faribault is regarded as one of Minnesota's most historic communities, with the second largest number of buildings on the National Historic Register in the state. Located at the confluence of the Cannon and Straight Rivers about 50 miles south of Minneapolis–Saint Paul, this Rice County seat offers classic brick architecture and convenient access to Interstate 35. Those looking for apartments for rent in Faribault will find a range of options in a city that balances historic character with modern convenience, where average rents remain affordable compared to the Twin Cities metro area.
Renting in Faribault provides access to 39 parks, miles of bike trails, and an outdoor aquatic center, along with ten lakes within ten miles of the city. The downtown area features restaurants, breweries, and shops housed in historic buildings, while the location along I-35 makes commuting straightforward for those working in the Twin Cities or throughout southern Minnesota. With a population of approximately 24,000, Faribault offers a relaxed pace of life while maintaining proximity to major employment centers and metropolitan amenities within an hour's drive.
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The average rent in Faribault, MN is $1,081.
The average rent for a studio apartment in Faribault, MN is $1,043.
The average rent for a 1 bedroom apartment in Faribault, MN is $1,081.
The average rent for a 2 bedroom apartment in Faribault, MN is $1,311.
The average rent for a 3 bedroom apartment in Faribault, MN is $1,514.
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