What is the average rent of an apartment in Fairmont, MN?

The average rent of an apartment in Fairmont, MN is $729 per month. This is about 63% lower than the national average.

When is the average rent for an apartment cheapest in Fairmont, MN?

In the last year, the average rent in Fairmont, MN was lowest in Nov 2025 when it was $610 per month.

In the last year, the average rent in Fairmont, MN was highest in May 2025 when it was $1,100 per month.

There are 3 available apartments or condos to rent in Fairmont, MN.

Fairmont, MN includes zip codes such as: 56031 .

Some nearby cities include: Northrop , Granada , Welcome , Ceylon , Truman . These cities may have more rental options to explore.

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APPLY INSTANTLY
PET FRIENDLY
FURNISHED
$775/mo
Studio
1 Bath
300 sqft
1122 N State St #45,
Fairmont, MN 56031
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PET FRIENDLY
$950/mo
2 Beds
1 Bath
1,100 sqft
401 N Dewey St #401,
Fairmont, MN 56031
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SENIOR HOUSING
INCOME RESTRICTED
$682/mo
2 Beds
1 Bath
1001 Pheasant Ave #206,
Fairmont, MN 56031
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Rent in Fairmont, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Jul 2026 compared to the previous month. Rent for apartments peaked in May 2025.

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In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.

	1 bed	2 beds	3 beds	4 beds	All
All home types	—	$682	$1,100	—	$775
Townhomes	—	$860	$1,100	—	$1,100
Apartments and Condos	—	$950	—	—	$775
Houses	—	$950	—	—	$950

What is the average rent of an apartment in Fairmont, MN?
The average rent of an apartment in Fairmont, MN is $729 per month. This is about 63% lower than the national average.
When is the average rent for an apartment cheapest in Fairmont, MN?
In the last year, the average rent in Fairmont, MN was lowest in Nov 2025 when it was $610 per month.
When is the average rent for an apartment most expensive in Fairmont, MN?
In the last year, the average rent in Fairmont, MN was highest in May 2025 when it was $1,100 per month.
How many apartments or condos are available to rent in Fairmont, MN?
There are 3 available apartments or condos to rent in Fairmont, MN.
What are some zip codes in Fairmont, MN?
Fairmont, MN includes zip codes such as: 56031.
What are some cities near Fairmont, MN?
Some nearby cities include: Northrop, Granada, Welcome, Ceylon, Truman. These cities may have more rental options to explore.