Fairmont, MN rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Fairmont, MN is $625.
$625
-$125
+$25
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $625 to $670.
| Rent price | Number of rental properties |
|---|---|
| $600+ | 2 |
Average rent price over time
In the last year, rent has increased by $25 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $850 | $700 |
| Mar | $613 | $675 |
| Apr | $600 | $675 |
| May | $600 | $700 |
| Jun | $600 | $700 |
| Jul | $600 | $625 |
| Aug | $600 | $950 |
| Sep | $600 | $750 |
| Oct | $575 | No data |
| Nov | $588 | No data |
| Dec | $600 | No data |
Market temperature
The Fairmont, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Fairmont, MN is 70% lower than the national average.
$625
$2,100
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Frequently asked questions
1. What is the average rent in Fairmont, MN?
The average rent in Fairmont, MN is $625.
2. How much does it cost to rent a house in Fairmont, MN?
Houses in Fairmont, MN rent between $625 - $670 with an average rent of $625.
3. How has the rent in Fairmont, MN changed in the last year?
In the last year, the rent in Fairmont, MN increased by $25
4. How much has the rent in Fairmont, MN increased/decreased in the last month?
In the last month, the rent in Fairmont, MN decreased by $125
5. How many available rentals are there in Fairmont, MN?
There are currently 2 rentals available in Fairmont, MN.
6. How do rent prices in Fairmont, MN compare with the national average?
The average rent in Fairmont, MN is $625 — 70.24% lower the national average of $2,100.