Faribault, MN rental market

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Last updated September 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in Faribault, MN is $1,500.

Average rent

$1,500

Month-over-month change

+$200

Year-over-year change

+$250

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $3,100.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8001
$9001
$1,0001
$1,1001
$1,2002
$1,3003
$1,4001
$1,5001
$1,8001
$2,2002
$2,3001
$2,4001
$2,9001
$3,0001
$3,100+1

Average rent price over time

In the last year, rent has increased by $250 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$1,250No 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 27% lower than the national average.

Faribault, MNvs.

$1,500

$2,050

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 $1,500.

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

Houses in Faribault, MN rent between $800 - $3,100 with an average rent of $1,500.

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

In the last year, the rent in Faribault, MN increased by $250

4. How much has the rent in Faribault, MN increased/decreased in the last month?

In the last month, the rent in Faribault, MN increased by $200

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

There are currently 13 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 $1,500 — 26.83% lower the national average of $2,050.

Zip codes in Faribault, MN