Newest Homes for Rent in Fairmont, MN

/12
$1,250

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
- House for Rent
1004 N Prairie Ave, Fairmont, MN 56031

For Rent:Single family home detached 1 stall garage $1250 per month Tenant pays all utilitiesUnfinished basement1500 sq ft stove and refrigeratorWasher and dryer hook-ups1 stall garagePets allowed with an additional pet deposit of $1250No smokingRequirements:$1250 dollar deposit (plus $1250 pet deposit if applicable)Solid work history documentation

1004 N Prairie Ave, Fairmont, MN 56031
Explore Fairmont
/28
$950

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,300 Sq Ft
- House for Rent
924 E 1st St, Fairmont, MN 56031

For Rent:Single family home detached 1 stall garage $950* per month Tenant pays all utilities2 bedrooms1 bathroomUnfinished basement1300 sq ftWindow AC, stove, refrigeratorWasher and dryer hook-ups1 stall garage (detached)1 pet allowed with an additional pet deposit of $950No smokingRequirements:$950 dollar deposit (plus $950 pet deposit if

924 E 1st St, Fairmont, MN 56031
/14
$1,000 Per Month
- 3 Beds
- 1 Bath
- 850 Sq Ft
- Apartment for Rent
900 Hengen St Unit 202, Fairmont, MN 56031

Pheasant Run Apartments has 3-bedroom apartments available. Rent is based on 30% gross monthly household income. Rent for a 3-bedroom apartment ranges from $790-1000 plus a Security Deposit of $790. Rental Assistance may be available for qualified applicants. HEAT, water, sewer, and garbage are included in the rent. Amenities include off-street parking, on-site laundry facilities, and lawn

Sara Wolhers Van Binsbergen & Associates LLC

900 Hengen St Unit 202, Fairmont, MN 56031
/12
$1,000 Per Month
- 3 Beds
- 1 Bath
- 850 Sq Ft
- Apartment for Rent
910 Hengen St Unit 402, Fairmont, MN 56031

Pheasant Run Apartments has 3-bedroom apartments available. Rent is based on 30% gross monthly household income. Rent for a 3-bedroom apartment ranges from $790-1000 plus a Security Deposit of $790. Rental Assistance may be available for qualified applicants. HEAT, water, sewer, and garbage are included in the rent. Amenities include off-street parking, on-site laundry facilities, and lawn

Sara Wolhers Van Binsbergen & Associates LLC

910 Hengen St Unit 402, Fairmont, MN 56031
/13
$1,050

Total Monthly Price
- 2 Beds
- 2 Baths
- 1,152 Sq Ft
- Townhouse for Rent
2600 Poetters Cir, Fairmont, MN 56031

These units are rarely available in this quiet cul-de-sac community. One level living. 2 Bedroom 1 and 3/4 bath units. Each unit has an open layout kitchen and dining space as well as a nice living room space. Attached single car garage, & separate mechanical room. Middle units have a second exterior door from the bedroom leading to their patio area (end units do not). Lawn & snow care is

2600 Poetters Cir, Fairmont, MN 56031
/15
$950 Plus Fees
- 2 Beds
- 1 Bath
- 1,100 Sq Ft
- House for Rent
401 N Dewey St, Fairmont, MN 56031

Listed by Renters Warehouse Mankato. Available immediately very nice 2 bedroom 1 bath apt in Fairmont. $950 + all utilities. Credit/background check required. 1 pet okay with $500 pet deposit paid. No smoking in unit. This unit is Section 8 approved. Some amenities include a basement with lots of storage & washer/dryer. Please contact Dawn with any questions, or to schedule a viewing at .

401 N Dewey St, Fairmont, MN 56031

Minnesota Martin County Fairmont

Frequently Asked Questions

How much does it cost to rent a home in Fairmont, MN?

The median rent for a home in Fairmont, MN is $1,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Fairmont, MN?

To comfortably afford the median rent in Fairmont, MN, a household needs to earn roughly $40,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,000 per month in Fairmont, MN, renters typically need to show $3,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Fairmont, MN?

In Fairmont, MN, the price-to-rent ratio is 15.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Fairmont, MN

There are currently 6 homes available for rent in Fairmont, MN. The median rent is $1,000 per month, with single-family homes renting at $950, townhouses at $1,050 and condos at $913.

Rental Home Trends

Number of Homes for Rent 6	Median Rent $1,000
Median Single Family Home Rent $950	Median Townhouse Rent $1,050
Median Condo Rent $913

How to Rent a Home

Rentals in Fairmont

Fairmont Apartments for Rent

Homes for Rent by Bedrooms in Fairmont

Rentals by Price in Fairmont

More About Living in Fairmont

Homes for Rent in Nearby Counties

Martin County Homes for Rent

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