Last updated on September 26, 2026

Average rent in
Farmington, MN

Median rent

Median rent in Farmington

$1,850/mo

decreased by12%

vs previous year

The average rent in Farmington is $1,850 per month as of September 2026. This is 3% below the national average rent, or $50 less per month.

$1.41

average price per square foot

Total rentals

Available rentals in Farmington

19

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Farmington rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Farmington, MN

Average rent prices in Farmington have increased by 6% over the last month and have decreased by 12% 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 $1,155, whereas a house costs $2,367. 1-bedroom apartments in Farmington run $1,150 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$1,490

No Change

-

1 bedroom

$1,550

5%

53%

2 bedroom

$1,895

5%

15%

3 bedroom

$2,500

1%

13%

4 bedroom

$3,000

No Change

26%

Studio

Average rent

$1,490

1 bedroom

Average rent

$1,550

Last 30 days

5%

Last year

53%

2 bedroom

Average rent

$1,895

Last 30 days

5%

Last year

15%

3 bedroom

Average rent

$2,500

Last 30 days

1%

Last year

13%

4 bedroom

Average rent

$3,000

Last 30 days

No Change

Last year

26%

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$1,850
decreased by3%

lower than the national median

Median rent price$1,995
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Farmington, MN is 7% 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

3d ago

7.9

Very good

3rd Street, Farmington (1020) SW JC

1020 3rd St, Farmington, MN 55024

1 bed

1 bath

$825

Eighth Street Apartments - Photo 1 of 1

4d ago

8.8

Very good

Eighth Street Apartments

811 8th St, Farmington, MN 55024

2 beds

1 bath

$1,155

17119 Eastwood Ave - Photo 1 of 1

5d+ ago

House for rent in Farmington

Beautiful Townhome Ready NOW!

17119 Eastwood Ave, Farmington, MN 55024

3 beds

2 baths

$2,100

5337 173rd St W - Photo 1 of 1

5d+ ago

Townhouse for rent in Farmington

Stunning 3BR/3BA End Unit!

5337 173rd St W, Farmington, MN 55024

3 beds

2.5 baths

$2,300

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 $1,850 per month as of September 26, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have increased by 6% over the last month and have decreased by 12% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 3% below the national average, which means renters are paying approximately $50 less per month.

Which neighborhoods are most affordable in Farmington?

The most affordable neighborhoods in Farmington are Fair Hills ($1,645/mo), Dakota County Estates ($1,645/mo), and Charleswood ($1,810/mo).

What salary do I need to afford rent in Farmington?

To comfortably afford rent in Farmington, you'd need to earn approximately $74,000/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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