Faribault, MN rental market
What is the average rent in Faribault, MN?
Last updated November 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Faribault, MN is $1,350.
$1,350
-$150
-$50
14
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $415 to $2,495.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $800 | 2 |
| $900 | 1 |
| $1,100 | 1 |
| $1,200 | 2 |
| $1,300 | 1 |
| $1,400 | 3 |
| $1,500 | 3 |
| $1,800 | 1 |
| $1,900 | 1 |
| $2,200 | 1 |
| $2,300 | 2 |
| $2,400+ | 2 |
Average rent price over time
In the last year, rent has decreased by $50 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,400 | $1,650 |
| Feb | $1,100 | $1,450 |
| Mar | $1,300 | $1,450 |
| Apr | $1,450 | $1,400 |
| May | $1,495 | $1,850 |
| Jun | $1,450 | $975 |
| Jul | $1,450 | $1,376 |
| Aug | $1,400 | $1,375 |
| Sep | $1,195 | $1,300 |
| Oct | $1,250 | $1,300 |
| Nov | $1,100 | $1,500 |
| Dec | $1,450 | No data |
Market temperature
The Faribault, 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 Faribault, MN is 33% lower than the national average.
$1,350
$2,000
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Frequently asked questions
1. What is the average rent in Faribault, MN?
The average rent in Faribault, MN is $1,350.
2. What is the average rent for a one-bedroom apartment in Faribault, MN?
The average rent for a one-bedroom apartment in Faribault, MN is $820 per month.
3. What is the average rent for a two-bedroom apartment in Faribault, MN?
The average rent for a two-bedroom apartment in Faribault, MN is $1,350 per month.
4. What is the average rent for a three-bedroom apartment in Faribault, MN?
The average rent for a three-bedroom apartment in Faribault, MN is $1,500 per month.
5. What is the average rent for a four-bedroom apartment in Faribault, MN?
The average rent for a four-bedroom apartment in Faribault, MN is $2,300 per month.
6. How much does it cost to rent a house in Faribault, MN?
Houses in Faribault, MN rent between $415 - $2,495 with an average rent of $1,350.
7. How has the rent in Faribault, MN changed in the last year?
In the last year, the rent in Faribault, MN decreased by $50
8. How much has the rent in Faribault, MN increased/decreased in the last month?
In the last month, the rent in Faribault, MN decreased by $150
9. How many available rentals are there in Faribault, MN?
There are currently 14 rentals available in Faribault, MN.
10. How do rent prices in Faribault, MN compare with the national average?
The average rent in Faribault, MN is $1,350 — 32.5% lower the national average of $2,000.