Faribault MN Apartments

17 rentals

Apartments For Rent Near Faribault, MN

We found 24 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 increased in Nov 2026 compared to the previous month. Rent for apartments peaked in May 2025.
MonthAverage rent
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
Sep 2026$1,150
Oct 2026$1,123
Nov 2026$1,219
View as a graph

Average Rent By Bedroom and Home Type

In November 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$969$1,345$1,600$1,800$1,345
Townhomes—$1,425——$1,425
Apartments and Condos$944$1,400$1,600—$1,300
Houses—$1,925—$1,800$1,925
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 $1,237 per month.
  • When is the average rent for an apartment cheapest in Faribault, MN?
    In 2025, the average rent for an apartment in Faribault, MN was lowest in April when it was $825 per month.
  • When is the average rent for an apartment most expensive in Faribault, MN?
    In 2025, the average rent for an apartment in Faribault, MN was highest in May 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 $1,016 per month. That is about $84 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Faribault, MN?
    There are 23 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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