Last updated on August 13, 2026

Average rent in
Farmington, MN

Median rent

Median rent in Farmington

$1,425/mo

decreased by20%

vs previous year

The average rent in Farmington is $1,425 per month as of August 2026. This is 26% below the national average rent, or $500 less per month.

$1.31

average price per square foot

Total rentals

Available rentals in Farmington

11

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Farmington rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Farmington, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Farmington, MN

Average rent prices in Farmington have decreased by 15% over the last month and have decreased by 20% 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 Farmington, MN

Rent prices in Farmington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Farmington is $1,350, whereas a house costs $2,547. 1-bedroom apartments in Farmington run $1,020 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$1,425

No Change

-

1 bedroom

$1,250

1%

33%

2 bedroom

$1,922

3%

21%

3 bedroom

$2,700

1%

19%

4 bedroom

$2,945

8%

17%

Studio

Average rent

$1,425

1 bedroom

Average rent

$1,250

Last 30 days

1%

Last year

33%

2 bedroom

Average rent

$1,922

Last 30 days

3%

Last year

21%

3 bedroom

Average rent

$2,700

Last 30 days

1%

Last year

19%

4 bedroom

Average rent

$2,945

Last 30 days

8%

Last year

17%

The table above reflects average rent prices in Farmington, 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 Farmington, MN compare to other cities?

Compare median rent prices in Farmington and Elko New Market by all bedroom counts and property types.

Farmington

Median rent price$1,425
decreased by26%

lower than the national median

Median rent price$1,785
decreased by7%

lower than the national median

Takeaway

The median rent for all rentals in Farmington, MN is 20% lower than the median rent in Elko New Market, MN.

Discover rentals in Farmington, MN

3rd Street, Farmington (1020) SW JC - Photo 1 of 1

1d ago

8.5

Very good

3rd Street, Farmington (1020) SW JC

1020 3rd St, Farmington, MN 55024

1 bed

1 bath

$825

Apartment for rent

720 3rd Street - Photo 1 of 1

11h ago

8.6

Very good

720 3rd Street

720 3rd St, Farmington, MN 55024

2 beds

1 bath

$1,350

Apartment for rent

Farmington Family Townhomes - Photo 1 of 1

2d ago

8.4

Very good

Farmington Family Townhomes

800 800 - 959 Catalina Way, Farmington, MN 55024

2 beds

1 bath

$1,500

House for rent

17119 Eastwood Ave - Photo 1 of 1

11h ago

Townhouse for rent in Farmington

House for rent

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 Farmington, MN

Quick answers to common questions about the Farmington rental market.

How much is rent in Farmington?

The average rent in Farmington is $1,425 per month as of August 8, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have decreased by 15% over the last month and have decreased by 20% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 26% below the national average, which means renters are paying approximately $500 less per month.

Which neighborhoods are most affordable in Farmington?

The most affordable neighborhoods in Farmington are Dakota County Estates ($1,995/mo), Meadow Creek ($1,995/mo), and Charleswood ($2,050/mo).

What salary do I need to afford rent in Farmington?

To comfortably afford rent in Farmington, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Farmington?

Based on our current listings, 44% of Farmington apartments welcome pets, which works out to about 8 pet-friendly units each month across the city's average inventory of 18 listings.

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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