Updated 19 Hours Ago
Highlights
Pet Friendly
- Conveniently located
- Comfortable living spaces
Location
124 4th Ave Nw, Faribault, MN 55021, USA
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Property Overview
124 4th Avenue Northwest offers strong value with a 7.7/10 overall Zumper rating, supported by an 8/10 for price and amenities and a 9/10 for location. It is conveniently located with comfortable living spaces, and its value-for-money standing and nearby top-rated high school add to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
Floor plans
| 124 4th Avenue Northwest - 6 | 1 bed | 1 bath | $925 /mo | This comfortable 1-bedroom, 1-bathroom apartment located at 124 4th Avenue NW in Faribault. This apartment offers a practical layout with comfortable living spaces and is conveniently located near local shopping, dining, parks, and other everyday amenities. A great option for an individual or couple looking for an affordable and conveniently located home in Faribault. |
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Amenities for 124 4th Avenue Northwest
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
OPTIONAL FEES
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Cat
Pet Terms
1 cat max.
Dog
Pet Terms
1 dog max.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
About 124 4th Avenue Northwest
This comfortable 1-bedroom, 1-bathroom apartment located at 124 4th Avenue NW in Faribault. This apartment offers a practical layout with comfortable living spaces and is conveniently located near local shopping, dining, parks, and other everyday amenities. A great option for an individual or couple looking for an affordable and conveniently located home in Faribault.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good124 4th Avenue Northwest is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 124 4th Avenue Northwest is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 124 4th Avenue Northwest is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
124 4th Avenue Northwest is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 124 4th Avenue Northwest does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
124 4th Avenue Northwest provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 124 4th Avenue Northwest compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.5 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
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Rent trends in Faribault
1-bedroom apartments at 124 4th Avenue Northwest cost about 16% less than the average rent price for 1-bedroom apartments in Faribault.
Median rents as of Oct 24 2026.
Faribault
| Month | Median Rent |
|---|---|
| November 2025 | $1,129 |
| December 2025 | $1,129 |
| January 2026 | $1,129 |
| February 2026 | $1,195 |
| March 2026 | $1,084 |
| April 2026 | $1,035 |
| May 2026 | $1,065 |
| June 2026 | $1,140 |
| July 2026 | $1,195 |
| August 2026 | $1,195 |
| September 2026 | $1,195 |
| October 2026 | $1,195 |
Affordability calculator
Can I afford to live at 124 4th Ave Nw?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 124 4th Avenue Northwest
Minnesota State Academy for the Blind
400 se 6th ave
faribault, MN, 55021
PK, K-12Public
Alexander Learning Academy
200 western ave nw suite a
faribault, MN, 55021
K-12Public
McKinley Pre-K
930 4th ave nw
faribault, MN, 55021
PKPublic
Minnesota State Academy for the Deaf
615 olof hanson dr
faribault, MN, 55021
PK, K-12Public
Roosevelt Elementary School
925 parshall st
faribault, MN, 55021
PK, K-5Public
C
Neighborhood
Getting around Faribault near 124 4th Ave Nw
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 124 4th Ave Nw, Faribault
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
6/10
Variety of bars within a short drive
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