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.

Apartments under $2,000 for Rent in Faribault, MN

90 Rentals

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

Call (507) 338-6295
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

Call (507) 338-6573
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

Call (507) 338-6082
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

Call (218) 332-3360
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

Call (507) 338-6658
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

Call (507) 338-6047
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

Call (507) 209-3397
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

Call (507) 338-6613
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
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
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
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
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
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
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
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
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
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
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
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
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
1 BED

$800

Plus Fees - 12 Month Lease

Southgate Village

1528 9th Ave SW, Faribault, MN 55021
Call for Rent

Midwest Flats

429 8th Ave NW, Faribault, MN 55021

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Faribault at a Glance

Average Rent

$1,087

(All bedrooms and property types)

Learn more about

Average Rent in Faribault

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

Apartment Type Average Sq Ft Average Rent
Studio 220 Sq Ft $1,024 / mo
1 Bedroom 679 Sq Ft $1,087 / mo
2 Bedrooms 892 Sq Ft $1,330 / mo
3 Bedrooms 1,174 Sq Ft $1,584 / mo

Top Budget-Friendly Neighborhoods in Faribault

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Lexington Square 621 Sq Ft $1,225/mo

Education

College/University High School Middle School Elementary School

St. Olaf College

Private University

Carleton College

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

Apartments for Rent Near Faribault

Faribault Apartments for Rent in Your Budget

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Apartments under $2,000 for Rent in Faribault, MN

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Faribault at a Glance

Average Rent

School Rating

Faribault, MN Apartments for Rent

Renting in Faribault

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Faribault

Education

Apartments for Rent Near Faribault

Faribault Apartments for Rent in Your Budget

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