$301,144Average Value$166Average Price per Sq Ft86Homes For Sale
A longtime industrial hub in southern Minnesota
Faribault, Minnesota is located at the confluence of two rivers 50 miles south of Minneapolis and 54 miles south of St. Paul. The meeting of the Cannon River and the Straight River, historically, made Faribault an ideal place for trade and shipping – something reflected by its namesake, fur trader Alexander Faribault. This industrial spirit is still alive in Faribault today, with multiple manufacturing plants providing employment opportunities for locals. A city of fewer than 24,000 people, Faribault has a lively downtown, with access to many recreational areas and relatively affordable housing.
Faribault has a vibrant downtown area.
A water tower welcomes people along Interstate 35 to Faribault.
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An active market of modest, affordable homes
Faribault has an active market of modest homes in various designs, including Colonial Revival, Craftsman and ranch-styles. There are some larger homes with stone facades in the Legacy Golf Village neighborhood, but they’re an outlier in the city overall. The median home price is $322,000, which is lower than the national median. “We haven’t had enough inventory in Faribault,” says Daryl Bauer, a lifelong resident and Realtor with Re/Max Advantage Plus. “The houses that come on the market have gone very quickly.” Bauer adds that the taxes in Faribault are much lower than other nearby areas, making it an attractive city for homebuyers. “People can literally buy more house for the money,” he says.
Newly constructed craftsman style homes can be found in Faribault.
Faribault has home styles from many different generations.
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Faribault features state’s largest prison, country’s largest canned bean producer
Faribault is home to the largest employer in the county – the Minnesota Correctional Facility. It’s the biggest prison in Minnesota and employs more than 600 people. “They are the number one employer in town,” Bauer says. “There are always lots of correctional officer positions available.” In addition to the prison, other large employers include Daikin Applied, an HVAC manufacturer, SageGlass, a glass manufacturer and Faribault Foods. “Faribault Foods is the largest canned bean producer in North America,” Bauer says. “Any type of refried beans, black beans or anything like that is made by Faribault Foods.”
The Minnesota Correctional Facility is the largest employer in the city.
Faribault Foods is a producer of shelf-stable foods and beverages distributed nationwide
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Shattuck-St. Mary’s trains hockey’s best in Faribault
Faribault’s co-ed private boarding school, Shattuck-St. Mary’s, is another major draw for the area. The school features an internationally renowned ice hockey program and in “Any given year they have a number of players who will play in the National Hockey League,” Bauer says. He notes that the girls’ program is also exceptional. Standout alums of the hockey program include Sidney Crosby, Nathan MacKinnon and Amanda Kessel. The school has also worked hard in recent years to elevate its soccer program, and Bauer says Faribault locals can watch hockey and soccer games for free, knowing that they’re likely watching future professional athletes and Olympians. “Shattuck is kind of in their own little world, but people in the know definitely go to the games,” he says. Called a “hockey center of excellence,” the exclusive school has about 400 students in grades 6-12.
Shattuck-St. Mary is a premier college prep academy.
Shattuck-St. Mary has a famous Hockey program with a legacy of state championships.
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River Bend Nature Center provides year-round outdoor recreation
Faribault is a part of the southern Minnesota lakes region, which gives residents access to a number of water-oriented activities. “Within 10 miles there are probably 35 lakes,” Bauer says. There are also 39 parks and five greenways in Faribault, but the River Bend Nature Center is what Bauer calls the “crown jewel.” It’s 743 acres of natural habitat, including places like Turtle Lake and Fossil Beach, whose names speak for themselves. There are also bridges, river views, and a waterfall to explore. Bauer says there are also year-round recreation programs at the Nature Center, including cross-country skiing, hiking and biking.
River Bend Nature Center is a big draw for environmentalists and nature lovers.
Wildlife can be spotted in River Bend Nature Center.
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Bustling downtown district has noteworthy restaurants
Downtown Faribault has a vibrant, active shopping and dining scene. Central Avenue and Lyndale Avenue are the busiest streets, with local shops in brick buildings that line either side of the road. Depot Bar and Grill is a local favorite, with Bauer adding that it’s a destination even people from outside of Faribault drive to. Housed in a former train station, the Depot serves American fare for lunch and dinner. A couple of World War II veterans made their way back to Faribault and opened Basilleo’s Pizza, another local go-to, named for founders and brothers Basil and Leo.
Basilleo's is a popular pizza restaurant in Faribault.
The Depot Bar and Grill is located next to an active train line.
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Fairbault boasts diverse schools, state schools for the deaf and blind
Faribault is part of Faribault Public School District, which earns a C-plus rating on Niche, though has an A in diversity and is the 14th most diverse district in the state. There is one prekindergarten school, three elementaries, one middle school, one high school and one alternative high school. Additionally, Faribault is home to Minnesota’s State Academies for the Deaf and Blind, and Shattuck-St. Mary’s earns an A-plus.
Faribault Senior High School ranks 253rd in Minnesota, offering AP opportunities for students.
The Minnesota Academy for the Deaf and Blind is located in Faribault.
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Hiawathaland Transit buses residents, I-35 connects them to Minneapolis
Hiawathaland Transit provides mass transit services for Faribault and nearby communities. There are a number of bus stops throughout the city to provide rides to residents. However, the area is still car-dependent. The city is also right near Interstate 35, which is a major artery in the state and leads directly to Minneapolis. The nearest international airport is Minneapolis-St. Paul International Airport, which is 46 miles north of Faribault. Due to its proximity to the rivers, some areas may be more prone to flooding. The city has a CAP Index crime score rating of 4, which is on par with the national average. The crime rates have remained mostly steady in recent years, neither climbing nor falling by any significant number.
Written By
Tanner Harding
Video By
Charlie Lingner
Interested in learning more about homes in this area?
Reach out to
Mike Heinzerling,
an experienced agent in this area.
GreatSchools:
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On average, homes in Faribault, MN sell after 52 days on the market compared to the national average of 55 days. The median sale price for homes in Faribault, MN over the last 12 months is $275,000, down 5% from the median home sale price over the previous 12 months.
This home qualifies for Builder's and preferred lender's permanent rate buydown! Check out this fabulous 6 bedroom, 3 bath, 3 car garage home in the wonderful Meadows. The large foyer welcomes you into the home. Upstairs you will find the open concept Kitchen, Dining and Great room-a wonderful space for entertaining. The primary bedroom, with private 3/4 bath and 2 other bedrooms and full bath
Whether you’re looking for a breathtaking single-family residence or a turnkey VRBO/short-term rental investment, this meticulously restored 1910 Victorian offers endless possibilities. Thoughtfully renovated while preserving its historic charm, this one-of-a-kind home showcases original stained-glass windows, a welcoming wraparound porch, handcrafted millwork, restored wood inlay floors, and
Prepare to be impressed! This beautifully updated 4-bedroom, 3-bath home offers the space, style and versatility you’ve been searching for. The main level is filled with natural light and features a gorgeous updated kitchen, hardwood floors, a stunning custom stone fireplace and an inviting living room perfect for relaxing or entertaining. Three bedrooms are conveniently located on the main
Experience peaceful lake living with beautiful views, amazing landscaping, and deeded access to Cannon Lake. Nestled on a picturesque .56-acre lot surrounded by mature trees and lush perennial gardens, this beautifully maintained home offers over 2,200 finished square feet designed for both comfortable everyday living and effortless entertaining.The bright, open-concept main level is
Discover the possibilities with this peaceful country property located in the highly sought-after Medford School District. Situated on a hard-surfaced road, this acreage offers the perfect blend of country living with convenient year-round access. Bring your horses, chickens, and other farm animals while enjoying the privacy and tranquility of nature. Relax on the back patio and take in the
Build your dream lake home on beautiful Cannon Lake! This exceptional 1.6-acre buildable lot offers 150 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor
Experience luxury lakefront living on beautiful Cannon Lake in this extraordinary custom-built home situated on 1.61 acres with 120 feet of private shoreline. Built in 2020, this stunning modern retreat offers over 5,000 finished square feet thoughtfully designed for entertaining, gathering, and comfortable everyday living. Exceptional curb appeal welcomes you home with striking architecture and
An exceptional opportunity awaits on the south end of Faribault with this expansive 74-acre parcel ideally positioned near a church and private school, offering both peaceful surroundings and future growth potential. With sweeping open views and stunning sunrises and sunsets stretching across the horizon, this property delivers the perfect blend of natural beauty and strategic
Welcome home to this beautiful, truly turnkey rambler where the seller has thoughtfully prepped, updated, and cared for every detail so the next owner can simply move in and enjoy! Offering three bedrooms on the main level, this adorable home has a comfortable, functional layout filled with warmth and charm. The completely remodeled main-level full bath feels like your own private spa, while a
Set on a 23-acre private setting along a hard-surfaced road with a fully paved asphalt driveway, no gravel, this exceptional custom-built estate blends luxury living, resort-style amenities, and unmatched functionality. Designed for both everyday comfort and entertaining, the home features expansive living spaces, high-end finishes, and seamless indoor-outdoor flow. Enjoy summers around the
Discover a truly one-of-a-kind home offering remarkable flexibility and comfort for families of all sizes and generations. This extensively remodeled 1.5-story original residence features a stunning transformation, including a substantial 24 x 36 garage addition that brings with it a spacious 24 x 36 upper-level bonus area. The result is an expansive property boasting two kitchens, two family
Build your dream lake home on beautiful Cannon Lake! This exceptional 1.7-acre buildable lot offers 125 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor
Build your dream lake home on beautiful Cannon Lake! This exceptional 1.7-acre buildable lot offers 125 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor
Experience the perfect blend of luxury, efficiency, and everyday comfort in this exceptional Johnson Reiland-built home, ideally situated near Legacy Golf Course and the renowned Shattuck-St. Mary’s School.Designed with both modern living and long-term savings in mind, this stunning 5-bedroom, 4-bathroom residence boasts an impressive HERS rating of 45 and a solar energy system,
This home qualifies for Builder's and preferred lender's permanent rate buydown! Check out this fabulous 6 bedroom, 3 bath, 3 car garage home in the wonderful Meadows. The large foyer welcomes you into the home. Upstairs you will find the open concept Kitchen, Dining and Great room-a wonderful space for entertaining. The primary bedroom, with private 3/4 bath and 2 other bedrooms and full bath
CURRENT SPECIAL: TWO MONTHS FREE on all available apartments.Elegant Living in Downtown Faribault, Minnesota. Straight River Apartments is a new 111 unit apartment complex overlooking the beautiful Straight River. Opened September 2022. Utilities included in the rent are Water, Sewer, Refuse, and Internet. Residents are responsible for payment of heat and electricity, and
THREE BUILDINGS NOW LEASING | ELMVIEW APARTMENTSDiscover modern apartment living at Elmview Apartments in Faribault, MN. With availability across all three buildings, Elmview offers thoughtfully designed studio, 1, 2, 3, and 4-bedroom apartment homes featuring modern finishes, premium amenities, and everyday convenience.Apartment Features• Pet friendly & smoke free•
One Months Rent Free!Get one full month of base rent free when you sign a 13 or 25-month lease. Additional monthly charges apply. Must be approved through our standard application process. Restrictions may apply.Searching for apartments in Faribault, MN? Heritage Bluff offers comfortable apartment homes in Rice County with spacious floor plans and a convenient location close to
SPECIAL: One month FREE for new residents. Apply within 24 hours of your tour for a bonus $500 at move in.Upscale Living in downtown Faribault, Minnesota. Riverchase Apartments is a new 77 unit complex. Just opened in December 2023!Utilities included in the rent are Water, Sewer, and Refuse. Residents are responsible for payment of heat, electricity, internet and optional cable
One Months Rent Free!Get one full month of base rent free when you sign a 13 or 25-month lease. Additional monthly charges apply. Must be approved through our standard application process. Restrictions may apply.Looking for apartments for rent in Faribault, MN? Trails Edge offers comfortable apartment homes in Rice County with practical floor plans and convenient access to local
CURRENT SPECIAL: One month free for new residents - Apply within 24 hours of tour for bonus $500 at move in!Hillside Apartments is in the heart of Faribault. Conveniently located across the street from a community fitness center, library and senior center. It's surrounded by shopping and local businesses.Utilities included in the rent are Water, Sewer, Refuse, and Basic Cable
Experience Faribault living at Town's Edge Place Apartments. This community is located on Faribault Rd in Faribault. From amenities to availability, the leasing staff will assist you in finding your perfect new place. Stop looking and get moving. We are Section 8 and HUD compliant. Contact or stop by the Town's Edge Place Apartments leasing office to schedule a tour.We are an equal
Welcome to Four Seasons Apartments, your new home in the heart of Faribault, MN. Our community offers a variety of amenities designed to enhance your living experience. Enjoy the convenience of laundry facilities on each floor and the assurance of onsite management and maintenance. Our location is a commuter's dream, situated right next to a bus line, making your daily commute a breeze. For those
You have heard that great things come in small packages. Well, it's true! When living at Faribo Apartments you will enjoy all the perks of living in this quaint 11-unit apartment community located near the heart of the downtown Faribault area.
We have one and two bedroom apartments available in a fourplex setting.All utilities except electric are included.No smoking.No pets.Garages Available.Our one bedroom apartments are $725 per month and our two bedroom apartments range from $775 to $800
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
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
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