Faribault MN Apartments

27 rentals

Apartments For Rent Near Faribault, MN

We found 19 more apartments matching your filters just outside Faribault

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 for a apartment stayed about the same in Aug 2026 compared to the previous month. Rent for apartments peaked in May 2025.
MonthAverage rent
Sep 2025$1,300
Oct 2025$1,125
Nov 2025$1,250
Dec 2025$1,100
Jan 2026$1,200
Feb 2026$1,199
Mar 2026$1,174
Apr 2026$1,036
May 2026$1,037
Jun 2026$1,150
Jul 2026$1,175
Aug 2026$1,186
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$994$1,250$1,748$2,000$1,250
Townhomes$980$1,350——$1,350
Apartments and Condos$825$1,150$1,575$2,000$1,250
Houses——$1,625$1,928$1,800
See more information about local market trends in Faribault, MN

Frequently Asked Questions about Apartments and Condos for rent in Faribault, MN

  • What is the average rent of an apartment in Faribault, MN?
    The average rent of an apartment in Faribault, MN is $1,200 per month. This is about 39% lower than the national average.
  • When is the average rent for an apartment cheapest in Faribault, MN?
    In the last year, the average rent in Faribault, MN was lowest in Apr 2025 when it was $825 per month.
  • When is the average rent for an apartment most expensive in Faribault, MN?
    In the last year, the average rent in Faribault, MN was highest in May 2025 when it was $1,308 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 $863 per month. That is about $238 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Faribault, MN?
    There are 27 available apartments or condos to rent 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.
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