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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
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
Sep 2026$2,200
Oct 2026$2,200
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,550$1,926$2,295$2,675$2,150
Townhomes—$1,850$2,200—$2,050
Apartments and Condos—$1,250——$1,250
Houses—$2,150$2,480$2,675$2,530
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 $1,532 per month. This is about 21% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Farmington, MN?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,300 per month.
  • How many cheap apartments are available in Farmington, MN?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $2,150.
  • 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 $1,550 per month. That is about $300 less than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en Farmington, MN - 163 Rentas | Trulia