Faribault Apartments for Rent
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Popular Faribault Apartments
Park Avenue Apartments
Faribault, Minnesota, 55021
1 Bedroom$675 - $710
2 Bedrooms$725 - $755
3 Bedrooms$825
Southfork Village Apartments
Lakeville, Minnesota, 55044
1 Bedroom$834 - $959
2 Bedrooms$984 - $1,139
3 Bedrooms$1,154 - $1,289
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Faribault Apartments Info
Find Apartments in Faribault, Minnesota
Faribault apartments are cleverly laid out near city points of interest and appealing during all four seasons - it doesn't matter whether you prefer far flung suburbs or hectic downtown areas, Faribault has pet friendly apartments available in every price range. Curious to learn more about Faribault apartments or finding your new place in general? Be sure to visit our blog for more detailed tips - we're sure you'll find the perfect apartment rental!
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Faribault Apartment Rental Market
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Household Income
Household Income City State City Compared to State Less than $10,000 7.7% 6.7% +1.0% $10,000 to $14,999 7.0% 5.4% +1.6% $15,000 to $19,999 5.8% 5.4% +0.4% $20,000 to $24,999 6.7% 6.0% +0.7% $25,000 to $29,999 7.4% 6.1% +1.3% $30,000 to $34,999 7.9% 6.3% +1.6% $35,000 to $39,999 6.2% 5.9% +0.3% $40,000 to $44,999 6.5% 5.8% +0.7% $45,000 to $49,999 5.6% 5.3% +0.3% $50,000 to $59,999 12.0% 10.2% +1.8% $60,000 to $74,999 12.0% 12.2% -0.2% $75,000 to $99,999 10.7% 12.1% -1.4% $100,000 to $124,999 2.3% 5.6% -3.3% $125,000 to $149,999 0.5% 2.6% -2.1% $150,000 to $199,999 0.4% 2.1% -1.7% $200,000 or more 1.4% 2.2% -0.8% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 9.9% 6.4% +3.5% 10.0% to 14.9% 17.6% 12.3% +5.3% 15.0% to 19.9% 13.6% 15.4% -1.8% 20.0% to 24.9% 16.8% 14.1% +2.7% 25.0% to 29.9% 9.4% 11.7% -2.3% 30.0% to 34.9% 6.2% 7.9% -1.7% 35.0% to 39.9% 4.3% 5.3% -1.0% 40.0% to 49.9% 6.6% 6.5% +0.1% 50.0% or more 10.0% 15.4% -5.4% Not computed 5.5% 5.0% +0.5% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 15.1% 17.5% -2.4% 25 to 34 years 22.4% 27.6% -5.2% 35 to 44 years 18.7% 18.8% -0.1% 45 to 54 years 13.1% 11.8% +1.3% 55 to 64 years 6.8% 6.3% +0.5% 65 to 74 years 8.2% 5.8% +2.4% 75 to 84 years 9.9% 7.6% +2.3% 85 years and over 5.9% 4.6% +1.3% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 42.8% 43.9% -1.1% 30 to 44 minutes 15.4% 25.7% -10.3% 45 to 59 minutes 16.2% 11.7% +4.5% 60 or more minutes 25.6% 18.6% +7.0%
Source: 2000 Census
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Average Apartment Rent in Faribault, Minnesota
| # Bedrooms | Feb | Jan | Dec | 3 Month % change |
|---|---|---|---|---|
| Studio | N/A | N/A | N/A | 0% |
| 1 Bed | $613 | $605 | $605 | 1.3% |
| 2 Bed | $688 | $683 | $683 | 0.7% |
| 3 Bed | $815 | $808 | $808 | 0.9% |
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Faribault Apartment Rental Trends
Apartments in Faribault have competitive rents so be sure to use our apartment finder to get the best deal. In December the average rent for a 1 Bedroom Faribault apartment cost $605. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Faribault apartment was $683 in December. The average apartment rent for a 3 bedroom apartment in December was $808. Start your apartment search by checking out some of the Faribault rentals listed below.Rent Apartments Near Faribault, Minnesota
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