Apartments For Rent in Faribault, MN

20 rentals

Apartments For Rent Near Faribault, MN

We found 30 more apartments matching your filters just outside Faribault

What Locals Say about Faribault

  • Ryan W.
    "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
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  • Trulia User
    "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
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  • Cheyannefolman
    "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
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  • Dora L.
    "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
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  • Smkroening
    "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."
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Average Rent Trends in Faribault, MN

Rent in Faribault, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jul 2025$1,376
Aug 2025$1,375
Sep 2025$1,300
Oct 2025$1,300
Nov 2025$1,500
Dec 2025$1,443
Jan 2026$1,500
Feb 2026$1,350
Mar 2026$1,350
Apr 2026$1,350
May 2026$1,250
Jun 2026$1,150
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,350$1,575—$1,150
Townhomes—$1,400——$1,400
Apartments and Condos$825$1,500$1,350—$1,150
See more information about local market trends in Faribault, MN

Frequently Asked Questions about Rentals in Faribault, MN

  • What is the average rent of an apartment in Faribault, MN?
    The average rent of an apartment in Faribault, MN is $1,166 per month. This is about 40% lower than the national average.
  • What is the average rent of a townhome in Faribault, MN?
    The average rent of a townhome in Faribault, MN is $1,400 per month. This is about 28% lower than the national average.
  • When is the average rent cheapest in Faribault, MN?
    In the last year, the average rent in Faribault, MN was lowest in Jun 2025 when it was $975 per month.
  • When is the average rent most expensive in Faribault, MN?
    In the last year, the average rent in Faribault, MN was highest in May 2025 when it was $1,850 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Faribault, MN?
    The average rent of a 1 bedroom apartment in Faribault, MN is $900 per month. That is about $150 more than the cost of a studio apartment.
  • How many available rental listings are in Faribault, MN?
    There are 24 available rental listings in Faribault, MN.
  • What are some zip codes in Faribault, MN?
    Faribault, MN includes zip codes such as: 55021.
  • What are some cities near Faribault, MN?
    Some nearby cities include: Warsaw, Dundas, Medford, Morristown, Nerstrand. These cities may have more rental options to explore.