Bedroom count
Property type
Last updated on August 2, 2026
Last updated on August 2, 2026
Bedroom count
Property type
Median rent in Faribault
$1,250/mo
vs previous year
The average rent in Faribault is $1,250 per month as of August 2026. This is 36% below the national average rent, or $690 less per month.
average price per square foot
Available rentals in Faribault
20
for rent on Zumper.com as of August 2026
Share of Faribault rentals at each price point
Average rent prices in Faribault have remained the same over the last month and have decreased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Faribault vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Faribault is $1,250, whereas a house costs $2,000. 1-bedroom apartments in Faribault run $1,112 on average, while 2-bedroom apartments are $1,250.
Listings | ||||
|---|---|---|---|---|
Studio | $1,260 | 8% | - | |
1 bedroom | $1,112 | 2% | 4% | |
2 bedroom | $1,250 | 4% | 2% | |
3 bedroom | $1,850 | No Change | 1% | |
4 bedroom | $3,000 | 20% | 48% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Faribault, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,250 | 1% | No Change | |
Condos | $1,325 | 2% | - | |
Houses | $2,000 | 10% | No Change |
Studio
Average rent
$1,260
Last 30 days
8%
1 bedroom
Average rent
$1,112
Last 30 days
2%
Last year
4%
2 bedroom
Average rent
$1,250
Last 30 days
4%
Last year
2%
3 bedroom
Average rent
$1,850
Last 30 days
No Change
Last year
1%
4 bedroom
Average rent
$3,000
Last 30 days
20%
Last year
48%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Faribault, MN.
Apartments
Average rent
$1,250
Last 30 days
1%
Condos
Average rent
$1,325
Last 30 days
2%
Houses
Average rent
$2,000
Last 30 days
10%
The table above reflects average rent prices in Faribault, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Faribault and Austin by all bedroom counts and property types.
Faribault
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Faribault, MN is 9% higher than the median rent in Austin, MN.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Faribault rental market.
The average rent in Faribault is $1,250 per month as of August 1, 2026.
Average rent prices in Faribault have remained the same over the last month and have decreased by 3% since last year.
Rent in Faribault is 36% below the national average, which means renters are paying approximately $690 less per month.
To comfortably afford rent in Faribault, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.
Based on our current listings, Faribault welcomes pet owners with 24% of rental apartments being pet-friendly. With an average of 51 listings available monthly, this works out to about 12 pet-welcoming apartments each month.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).