Apartments for Rent in Faribault, MN

Prices and availability in Faribault, MN were last updated on 20 May 2026.

The best apartments in Faribault, MN are: Trails Edge Apartments LLC, Heritage Bluff Apartments LLC, Crown Apartments New, Straight River Apartments, LLC and Riverchase Apartments.

The price range for a studio apartment in Faribault, MN is between $1,100 and $1,870.

The price range for a 1-bedroom apartment in Faribault, MN is between $850 and $1,150.

The price range for a 2-bedroom apartment in Faribault, MN is between $1,065 and $1,870.

The price range for a 3-bedroom apartment in Faribault, MN is between $1,065 and $1,100.

In Faribault, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Faribault's rentals, 54% are small-scale complexes with under 50 units, and 22% are single-family rentals.

The average age of rental buildings in Faribault is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Faribault come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Faribault. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.