Faribault, MN rental market

What is the average rent in Faribault, MN?

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Last updated November 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Faribault, MN is $1,350.

Average rent

$1,350

Month-over-month change

-$150

Year-over-year change

-$50

Available rentals

14

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $415 to $2,495.

Rent frequencies
Rent priceNumber of rental properties
$01
$8002
$9001
$1,1001
$1,2002
$1,3001
$1,4003
$1,5003
$1,8001
$1,9001
$2,2001
$2,3002
$2,400+2

Average rent price over time

In the last year, rent has decreased by $50 compared to the previous year.

Average rent price over time
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$1,450No 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.

cool

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.

Faribault, MNvs.

$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.