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Apartments under $1,200 for Rent in Faribault, MN

32 Rentals
.
  3. $212 Off
    Price Drop. $212 Off
    STUDIO
    $1,255+
    2 BEDS
    $1,243+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,183 - $1,395
    Required Monthly Fees$60
    Total Monthly Price$1,243 - $1,455

    Elmview Apartments

    1740 Willow St, Faribault, MN 55021
    (218) 332-3360
  4. Building Photo - Midwest Flats
    $175 Off
    Price Drop. $175 Off
    STUDIO
    $915+
    1 BED
    $1,215+
    Total Monthly Price Total Monthly Price New
    Base Rent$875 - $1,325
    Required Monthly Fees$40
    Total Monthly Price$915 - $1,365
         - 12 Month Lease

    Midwest Flats

    429 8th Ave NW, Faribault, MN 55021
    (507) 497-1574
  8. Building Photo - The Faribo Apartments
    1 BED
    $1,118
    Total Monthly Price Total Monthly Price New
    Base Rent$1,099
    Required Monthly Fees$19
    Total Monthly Price$1,118
         - 12 Month Lease

    The Faribo Apartments

    123 2nd St NW, Faribault, MN 55021

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Faribault at a Glance

Average Rent

$1,096
(All bedrooms and property types)
Learn more about
Average Rent in Faribault
4

School Rating

out of 10 Rating
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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)

Education

Private University
GreatSchools Rating
Faribault Senior High

Public High School

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

Public High School

Public
Grades 9-12
50 Students
GreatSchools Rating
Faribault Middle

Public Middle School

Public
Grades 6-8
717 Students
GreatSchools Rating
Falcons Online Academy-Middle School

Public Middle School

Public
Grades 6-8
18 Students
GreatSchools Rating
Lincoln Elementary

Public Elementary School

Public
Grades K-5
445 Students

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

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