Average rent in Faribault, MN
As of September 2026, the typical asking rent in the Faribault, MN metro area is $1,579 per month, up 4.7% from a year ago — 5% above the US metro average of $1,498.
Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.
Average rent
$1,579
September 2026
Year over year
+4.7%
vs $1,508 a year ago
3-year change
—
from —
Our forecast accuracy here
±1.7%
avg error on held-out data
Faribault, MN rent history
Observed market rent since January 2024, with the next 2 forecast months and their expected range.
Faribault, MN rent forecast
Our forecasting engine projects rents each month for every US metro with at least a year of observed data. The next 2 months for Faribault, MN are free below; the full 12-month outlook with confidence ranges is part of RentLens Pro.
| Month | Forecast rent | Expected range | MoM | YoY | Since Sep 2026 |
|---|---|---|---|---|---|
| October 2026 | $1,583 | $1,571–$1,596 | +0.3% | +5.2% | +0.3% |
| November 2026 | $1,587 | $1,567–$1,606 | +0.2% | +3.3% | +0.5% |
| Months 3–12 are available on the interactive forecast → see the full Faribault, MN forecast | |||||
Explore Faribault, MN on the live map
Interactive history, zip-level rents, and 12-month ML forecasts with explainability.
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Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Faribault, MN metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.