4

Faribault, MN Houses for Rent

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  • /15

    $2,200

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,612 Sq Ft
    • House for Rent

    1320 11th Ave NE, Faribault, MN 55021

    We are seeking good renters to enjoy our home for a short-term or long-term lease as we prepare to sell our house. Monthly rent depends on the length of lease: month by month is $2,200 or a six-month lease is $2,700 or an 18-month lease would be $2,900. Rent includes City of Faribault water/sewer, the renter would pay for Xcel gas/electric and garbage. Renter must be willing and able to do

    1320 11th Ave NE, 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
  • /20

    $2,350

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • House for Rent

    1203 Central Ave N, Faribault, MN 55021

    Fully renovated top to bottom 4 bedroom 2 bathroom house with a familyroom and 3 season porch out back! Fully fenced in yard with large storage shed. Welcome to this charming residence located at 1203 Central Avenue North in the heart of Faribault, MN. This spacious 1,700 sq. ft. home offers a perfect blend of comfort and style, featuring four generously sized bedrooms and two well-appointed

    1203 Central Ave N, Faribault, MN 55021
  • /9

    $1,800

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 844 Sq Ft
    • House for Rent

    528 2nd St NE, Faribault, MN 55021

    Newly Renovated 2 Bedroom House 1 bath House in Faribault! This freshly updated 2-bedroom, 1-bath home offers bright rooms with lots of windows that let in natural light throughout. The property includes a fenced yard, an attached single-car garage, and an in-home washer and dryer for added convenience. Located close to schools, the house combines modern updates with practical features in a

    528 2nd St NE, Faribault, MN 55021

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 $1,875 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes 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 $50,000 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 $1,250 per month in Faribault, MN, renters typically need to show $3,750 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 18.3, 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

Number of Houses for Rent
4
Median Single Family Home Rent
$1,875
Median 3 Bedroom Single Family Home Rent
$1,800
Median 4 Bedroom Single Family Home Rent
$2,350
How to Rent a Home