Cheap Apartments for Rent in Farmington, MN

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Apartments For Rent Near Farmington, MN

We found 30 more apartments matching your filters just outside Farmington

Average Rent Trends in Farmington, MN

Rent in Farmington, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Sep 2025$1,908
Oct 2025$2,300
Nov 2025$2,250
Dec 2025$1,994
Jan 2026$1,850
Feb 2026$1,850
Mar 2026$1,935
Apr 2026$1,850
May 2026$1,999
Jun 2026$1,950
Jul 2026$2,150
Aug 2026$1,864
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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$1,588$1,350$2,695$2,999$1,850
Townhomes—$1,850$2,395—$1,850
Apartments and Condos—$1,250——$1,350
Houses——$2,695$2,999$2,695
See more information about local market trends in Farmington, MN

Frequently Asked Questions about Rentals in Farmington, MN

  • What is the average rent of an apartment in Farmington, MN?
    The average rent of an apartment in Farmington, MN is $1,578 per month. This is about 20% lower than the national average.
  • When is the average rent cheapest in Farmington, MN?
    In the last year, the average rent in Farmington, MN was lowest in Jul 2025 when it was $1,300 per month.
  • When is the average rent most expensive in Farmington, MN?
    In the last year, the average rent in Farmington, MN was highest in Jan 2025 when it was $2,498 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Farmington, MN?
    The average rent of a 1 bedroom apartment in Farmington, MN is $1,588 per month. That is about $262 less than the cost of a studio apartment.
  • How many available rental listings are in Farmington, MN?
    There are 12 available rental listings in Farmington, MN.
  • What are some zip codes in Farmington, MN?
    Farmington, MN includes zip codes such as: 55024.
  • What are some cities near Farmington, MN?
    Some nearby cities include: Hampton, Lakeville, Randolph, Coates, Vermillion. These cities may have more rental options to explore.
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