Faribault, MN Houses for Rent

/23
$2,900 Per Month
- 4 Beds
- 2.5 Baths
- 2,308 Sq Ft
- House for Rent
1908 Prairie Ave SW, Faribault, MN 55021

For rent: an exquisite 4-bedroom, 3-bathroom home with a spacious 3-car garage, nestled in a sought-after southwest neighborhood. This impressive split-level residence, constructed in 2006, is ready for you to move in! As you step inside, you’ll be greeted by an inviting open floor plan that seamlessly connects the spacious kitchen, dining area, and living room, creating the perfect space for

Michelle Jasinski Weichert, REALTORS- Heartland

1908 Prairie Ave SW, Faribault, MN 55021
Explore Faribault
/18
$1,625

Total Monthly Price
- 3 Beds
- 1 Bath
- House for Rent!
1114 4th St NW, Faribault, MN 55021

Check out this 3 Bedroom, 1 Bath house coming available in the City of Faribault. This house has been freshly painted and had new carpet installed. This house also has a large fenced in backyard! The rent is $1525 a month and this house will be move in ready by September 1st (possibly sooner). The resident is responsible for the utilities at this property. We would allow a cat or a smaller dog at

1114 4th St NW, Faribault, MN 55021
/14
$1,800

Total Monthly Price
- 3 Beds
- 1 Bath
- 1,339 Sq Ft
- House for Rent
530 6th St NW, Faribault, MN 55021

Enjoy the perfect combination of comfort and convenience in this updated 3-bedroom, 1-bath home. Centrally located, this property is within walking distance of downtown, shopping, restaurants, and other local amenities.Inside, you'll find an open-concept main level that's perfect for everyday living and entertaining. Upstairs features three comfortable bedrooms and a full bathroom. Recent

530 6th St NW, Faribault, MN 55021

Minnesota Rice County

Frequently Asked Questions

How much does it cost to rent a single-family home in Faribault, MN?

The median rent for a single-family home in Faribault, MN is $1,950 per month, though prices vary by neighborhood, size, and property type. As of August 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 Faribault, MN?

To comfortably afford the median rent in Faribault, MN, a household needs to earn roughly $61,480 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 $1,537 per month in Faribault, MN, renters typically need to show $4,611 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 Faribault, MN?

In Faribault, 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 Home Trends in Faribault, MN

There are currently 3 single-family homes available for rent in Faribault, MN. The median rent is $1,950 per month, with 3-bedroom houses renting at $1,800, 4-bedroom houses at $2,900 and 5-bedroom houses at $2,400.

Rental Home Trends

Number of Houses for Rent 3	Median Single Family Home Rent $1,950
Median 3 Bedroom Single Family Home Rent $1,800	Median 4 Bedroom Single Family Home Rent $2,900
Median 5 Bedroom Single Family Home Rent $2,400

How to Rent a Home

Houses for Rent by Price in Faribault

Faribault Houses for Rent under $2,000

Rentals in Faribault

Houses for Rent by Bedrooms in Faribault

More About Living in Faribault

Houses for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage