What's the average rent in Fairmont, MN?
Rental Market Trends in Fairmont, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Fairmont, MN is $775 per month, which is 60% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$775
0.0%No change month over month
24.0%$150 increase year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Fairmont, MN at $729 per month, while houses are the most expensive at $1,100 per month. Townhomes average $860 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $682 |
| 3 Bedrooms | $1,100 |
| 4 Bedrooms | — |
| All | $775 |
As of June 2026, the average rent for a 2 bedroom rental in Fairmont, MN is $682 per month, followed by $1,100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $860 |
| 3 Bedrooms | $1,100 |
| 4 Bedrooms | — |
| All | $860 |
As of June 2026, the average rent for a 2 bedroom townhome in Fairmont, MN is $860 per month, followed by $1,100 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $775 |
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,100 |
| 4 Bedrooms | — |
| All | $1,100 |
As of June 2026, the average rent for a 3 bedroom house in Fairmont, MN is $1,100 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +24% compared to the previous year, which is a +$150 increase.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $682 to $1,200.
