What's the average rent in Faribault, MN?

Rental Market Trends in Faribault, MN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Faribault, MN is $1,200 per month, which is 38% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,200

-3.0%-$37 decrease month-over-month

-4.0%-$50 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,152

HOUSES

$1,895

TOWNHOUSES

$1,995

As of September 2026, apartments are the most affordable rental option in Faribault, MN at $1,152 per month, while townhomes are the most expensive at $1,995 per month. Houses average $1,895 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,250
3 Bedrooms	$1,800
4 Bedrooms	$2,350
All	$1,200

As of September 2026, the average rent for a 1 bedroom rental in Faribault, MN is $1,000 per month, followed by $1,250 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,350 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$980
2 Bedrooms	$1,425
3 Bedrooms	—
4 Bedrooms	$1,995
All	$1,995

As of September 2026, the average rent for a 1 bedroom townhome in Faribault, MN is $980 per month, followed by $1,425 for a 2 bedroom townhome, and $1,995 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$980
2 Bedrooms	$1,250
3 Bedrooms	$1,800
4 Bedrooms	$2,900
All	$1,175

As of September 2026, the average rent for a 1 bedroom apartment in Faribault, MN is $980 per month, followed by $1,250 for a 2 bedroom apartment, $1,800 for a 3 bedroom apartment, and $2,900 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,800
3 Bedrooms	$1,800
4 Bedrooms	$2,350
All	$1,895

As of September 2026, the average rent for a 2 bedroom house in Faribault, MN is $1,800 per month, followed by $1,800 for a 3 bedroom house, and $2,350 for a 4 bedroom house.