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  1. Building Photo - Riverchase Apartments
    Rent Special
    Rent Special
    1 BED
    $1,250+
    2 BEDS
    $1,445+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250 - $1,590
    Required Monthly FeesNone
    Total Monthly Price$1,250 - $1,590

    Riverchase Apartments

    110 Riverchase Ct, Faribault, MN 55021
    (507) 338-6295
  2. Building Photo - Straight River Apartments, LLC
    2 Months Free
    2 Months Free
    STUDIO
    $1,000+
    1 BED
    $1,200+
    2 BEDS
    $1,400+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,000 - $1,945
    Required Monthly FeesNone
    Total Monthly Price$1,000 - $1,945

    Straight River Apartments, LLC

    601 1st Ave NE, Faribault, MN 55021
    (507) 338-6573
  3. 1 Month Free
    1 Month Free
    2 BEDS
    $1,345+
    3 BEDS
    $1,695+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,345 - $1,695
    Required Monthly FeesNone
    Total Monthly Price$1,345 - $1,695

    Heritage Bluff Apartments

    200 Heritage Pl, Faribault, MN 55021
    (507) 338-6082
  4. STUDIO
    $1,255+
    1 BED
    $1,255+
    2 BEDS
    $1,510+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,195 - $1,595
    Required Monthly Fees$60
    Total Monthly Price$1,255 - $1,655

    Elmview Apartments

    1740 Willow St, Faribault, MN 55021
    (218) 332-3360
  5. Building Photo - Hillside Apartments
    1 Month Free
    1 Month Free
    STUDIO
    $1,040+
    1 BED
    $1,140+
    2 BEDS
    $1,440+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,040 - $1,540
    Required Monthly FeesNone
    Total Monthly Price$1,040 - $1,540

    Hillside Apartments

    10 Division St W, Faribault, MN 55021
    (507) 338-6658
  6. Building Photo - Trails Edge Apartments
    1 Month Free
    1 Month Free
    1 BED
    $1,150
    Total Monthly Price Total Monthly Price New
    Base Rent$1,150
    Required Monthly FeesNone
    Total Monthly Price$1,150

    Trails Edge Apartments

    715 Central Ave, Faribault, MN 55021
    (507) 338-6047
  7. Good Value
    1 BED
    $975+
    2 BEDS
    $1,200+
    3 BEDS
    $1,350+
    Total Monthly Price Total Monthly Price New
    Base Rent$975 - $1,350
    Required Monthly FeesNone
    Total Monthly Price$975 - $1,350

    Four Seasons Apartments

    1250 Autumn Dr, Faribault, MN 55021
    (507) 209-3397
  8. 1 BED
    $1,033
    Total Monthly Price Total Monthly Price New
    Base Rent$1,033
    Required Monthly FeesNone
    Total Monthly Price$1,033
         - 12 Month Lease

    Town's Edge Place Apartments

    851 Faribault Rd, Faribault, MN 55021
    (507) 338-6613
  9. Building Photo - The Faribo Apartments
    1 BED
    $1,118+
    2 BEDS
    $1,244+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,099 - $1,225
    Required Monthly Fees$19
    Total Monthly Price$1,118 - $1,244
         - 12 Month Lease

    The Faribo Apartments

    123 2nd St NW, Faribault, MN 55021
  10. Building Photo - 1104 3rd St SW
    2 BEDS, 1 BATH
    $775
    Total Monthly Price Total Monthly Price New
    Base Rent$775
    Required Monthly FeesNone
    Total Monthly Price$775
         - 12 Month Lease

    1104 3rd St SW Unit 1

    1104 3rd St SW, Faribault, MN 55021
    Apply
  11. 4 BEDS, 2 BATHS
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200
         - 6 Month Lease

    1320 11th Ave NE

    1320 11th Ave NE, Faribault, MN 55021
    Apply
  12. Building Photo - 415 9th St NW
    2 BEDS, 1 BATH
    $1,275
    Total Monthly Price Total Monthly Price New
    Base Rent$1,275
    Required Monthly FeesNone
    Total Monthly Price$1,275

    415 9th St NW Unit RHS 415-#3

    415 9th St NW, Faribault, MN 55021
  13. Building Photo - 2310 Park Ave NW
    1 BED, 1 BATH
    $1,175
    Total Monthly Price Total Monthly Price New
    Base Rent$1,175
    Required Monthly FeesNone
    Total Monthly Price$1,175

    2310 Park Ave NW Unit 203

    2310 Park Ave NW, Faribault, MN 55021
  14. 2 BEDS, 1 BATH
    $1,250
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250
    Required Monthly FeesNone
    Total Monthly Price$1,250

    2310 Park Ave NW Unit 501

    2310 Park Ave NW, Faribault, MN 55021
  15. 4 BEDS, 2 BATHS
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350
    Required Monthly FeesNone
    Total Monthly Price$2,350
         - 12 Month Lease

    1203 Central Ave N

    1203 Central Ave N, Faribault, MN 55021
  16. 3 BEDS, 1.5 BATHS
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800
         - 12 Month Lease

    620 Prairie Ave SW

    620 Prairie Ave SW, Faribault, MN 55021
  17. 3 BEDS, 1 BATH
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800
         - 12 Month Lease

    530 6th St NW

    530 6th St NW, Faribault, MN 55021
  18. 2 BEDS, 1 BATH
    $1,250
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250
    Required Monthly FeesNone
    Total Monthly Price$1,250

    2300 Park Ave NW Unit 103

    2300 Park Ave NW, Faribault, MN 55021
  19. 1 BED, 1 BATH
    $1,000
    Total Monthly Price Total Monthly Price New
    Base Rent$1,000
    Required Monthly FeesNone
    Total Monthly Price$1,000

    327 8th St NW Unit RHS 327-#B UP

    327 8th St NW, Faribault, MN 55021
  20. 2 BEDS, 1 BATH
    $1,150
    Total Monthly Price Total Monthly Price New
    Base Rent$1,150
    Required Monthly FeesNone
    Total Monthly Price$1,150

    1109 1st Ave NW

    1109 1st Ave NW, Faribault, MN 55021
  21. 2 BEDS, 1 BATH
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    528 2nd St NE

    528 2nd St NE, Faribault, MN 55021
  22. 2 BEDS, 1 BATH
    $1,125
    Total Monthly Price Total Monthly Price New
    Base Rent$1,125
    Required Monthly FeesNone
    Total Monthly Price$1,125

    104 8th St NW Unit 2

    104 8th St NW, Faribault, MN 55021
  23. 2 BEDS, 1 BATH
    $1,250
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250
    Required Monthly FeesNone
    Total Monthly Price$1,250

    4 2nd St NW Unit MCP 1711-#4

    4 2nd St NW, Faribault, MN 55021

Faribault at a Glance

Average Rent

$1,087
(All bedrooms and property types)
Learn more about
Average Rent in Faribault
4

School Rating

out of 10 Rating
Learn more about
Schools in Faribault

Faribault, MN Apartments for Rent

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.

Renting in Faribault

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Faribault

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Private University
Private University
GreatSchools Rating
Faribault Senior High School

Public High School

Public
Grades 9-12
956 Students
GreatSchools Rating
Falcons Online Academy-HS

Public High School

Public
Grades 9-12
62 Students
GreatSchools Rating
Faribault Middle School

Public Middle School

Public
Grades 6-8
594 Students
GreatSchools Rating
Lincoln Elementary School

Public Elementary School

Public
Grades K-5
391 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Faribault

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Frequently asked questions about renting in Faribault, MN

What are the average rent costs in Faribault, MN?

The average rent in Faribault, MN is $1,087.

What are the average rent costs of a studio apartment in Faribault, MN?

The average rent for a studio apartment in Faribault, MN is $1,024.

What are the average rent costs of a one bedroom apartment in Faribault, MN?

The average rent for a 1 bedroom apartment in Faribault, MN is $1,087.

What are the average rent costs of a two bedroom apartment in Faribault, MN?

The average rent for a 2 bedroom apartment in Faribault, MN is $1,330.

What are the average rent costs of a three bedroom apartment in Faribault, MN?

The average rent for a 3 bedroom apartment in Faribault, MN is $1,584.

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