Last updated on November 1, 2026

Average rent in
Faribault, MN

Median rent

Median rent in Faribault

$1,295/mo

Flat

vs previous year

The average rent in Faribault is $1,295 per month as of October 2026. This is 32% below the national average rent, or $605 less per month.

$1.61

average price per square foot

Total rentals

Available rentals in Faribault

18

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Faribault rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Faribault, MN

Average rent prices in Faribault have remained the same over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Faribault, MN

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 $1,850. 1-bedroom apartments in Faribault run $1,125 on average, while 2-bedroom apartments are $1,345.

Listings

Studio

$1,065

No Change

-

1 bedroom

$1,125

5%

2%

2 bedroom

$1,354

No Change

4%

3 bedroom

$1,600

8%

19%

4 bedroom

$2,300

21%

26%

Studio

Average rent

$1,065

1 bedroom

Average rent

$1,125

Last 30 days

5%

Last year

2%

2 bedroom

Average rent

$1,354

Last year

4%

3 bedroom

Average rent

$1,600

Last 30 days

8%

Last year

19%

4 bedroom

Average rent

$2,300

Last 30 days

21%

Last year

26%

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.

How does rent in Faribault, MN compare to other cities?

Compare median rent prices in Faribault and Austin by all bedroom counts and property types.

Faribault

Median rent price$1,295
decreased by32%

lower than the national median

Median rent price$1,000
decreased by47%

lower than the national median

Takeaway

The median rent for all rentals in Faribault, MN is 30% higher than the median rent in Austin, MN.

Discover rentals in Faribault, MN

1316 Eastland Estates - Photo 1 of 1

2d ago

7.1

Very good

1316 Eastland Estates

1316 Division St E, Faribault, MN 55021

1 bed

1 bath

$700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Four Seasons Apartments - Photo 1 of 1

3d ago

8.5

Very good

Four Seasons Apartments

1250 Autumn Dr, Faribault, MN 55021

1–3 beds

1 bath

$1,099–$1,449

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
B MORGAN 1723 - Photo 1 of 1

5d+ ago

8.6

Very good

B MORGAN 1723

1723 1723 2nd SW Street, Faribault, MN 55021

2 beds

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
River Trail 819 - Photo 1 of 1

3h ago

8.8

Very good

River Trail 819

819 Francis St, Faribault, MN 55021

2 beds

1 bath

$1,345

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Faribault, MN

Quick answers to common questions about the Faribault rental market.

How much is rent in Faribault?

The average rent in Faribault is $1,295 per month as of October 31, 2026.

Is rent up or down in Faribault?

Average rent prices in Faribault have remained the same over the last month and have remained the same since last year.

How does Faribault rent compare to the national average?

Rent in Faribault is 32% below the national average, which means renters are paying approximately $605 less per month.

What salary do I need to afford rent in Faribault?

To comfortably afford rent in Faribault, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

Methodology

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).

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