Faribault, MN rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Faribault, MN is $1,331.

Average rent

$1,331

Month-over-month change

-$14

Year-over-year change

+$136

Available rentals

8

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,150 to $3,500.

Rent frequencies
Rent priceNumber of rental properties
$1,1003
$1,3001
$1,6001
$2,4001
$2,6001
$2,7001
$3,4001
$3,500+1

Average rent price over time

In the last year, rent has increased by $136 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$1,195No data
Oct$1,250No data
Nov$1,100No data
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 37% lower than the national average.

Faribault, MNvs.

$1,331

$2,100

Rent in Faribault, MN

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Frequently asked questions

1. What is the average rent in Faribault, MN?

The average rent in Faribault, MN is $1,331.

2. How much does it cost to rent a house in Faribault, MN?

Houses in Faribault, MN rent between $1,150 - $3,500 with an average rent of $1,331.

3. How has the rent in Faribault, MN changed in the last year?

In the last year, the rent in Faribault, MN increased by $136

4. 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 $14

5. How many available rentals are there in Faribault, MN?

There are currently 8 rentals available in Faribault, MN.

6. How do rent prices in Faribault, MN compare with the national average?

The average rent in Faribault, MN is $1,331 — 36.62% lower the national average of $2,100.

Zip codes in Faribault, MN