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Rent in Faribault, MN: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 2-bedroom in Faribault, MN is $1,345/month, based on 24 active listings on Redfin, Zillow and ApartmentHomeLiving.

That is 7% below the Minnesota 2-bedroom median of about $1,450. Nearby, the 2-bedroom median ranges from $1,200 in Mankato to $1,945 in Apple Valley.

Updated · 94 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Faribault

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
—
3 listings
1 bedroom
—
13 listings
2 bedrooms
$1,345
24 listings
3+ bedrooms
—
8 listings

Rentals in Faribault

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Renting in Faribault: common questions

How many rentals are available in Faribault, MN?
94 rentals are listed in Faribault, MN on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Faribault, MN?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 2-bedroom at $1,345/month, that is about $4,035 a month, or $48,420 a year.
What is the cheapest city near Faribault, MN to rent in?
Among nearby cities we track, Mankato, MN has the lowest median 2-bedroom rent at $1,200/month, $145 less than Faribault.

Rent in cities near Faribault

All cities in Minnesota · Cheapest places to rent in Minnesota · Embed this data