Rent prices in cities near Farmington
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Farmington, MN Demographics
- Total Population22,996
Female 11,525Male 11,471
- Median Age34.9
According to the most recent data from the U.S. Census Bureau, the total population in Farmington, MN is 22,996. The makeup of the population by gender is 11,525 men and 11,471 women. The median age of Farmington’s residents is 34.9.
Average Rent in Farmington, MN
- Farmington, MN Average Rental Price, July 2022 $1,711 /mo
The monthly rate for Farmington, MN apartments is on average $1,711.
Farmington, MN Apartment Rent Ranges
Farmington, MN Rent Trends
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The average price of rental apartments nationwide is $1,706, while the monthly rent in Farmington, MN is $1,711, on average.
Farmington, MN Households
- Total Number of Households7,927
Family 6,053Non-family 1,874
Children 3,807No Children 4,120
- Average People Per Household2.89
- Median Household Income$95,326
- Median Housing Costs Per Month$1,586
There is a total of 7,927 households in Farmington, MN, of which 3,807 have children and 4,120 are without children. Per Census data, Farmington has 6,053 family households and 1,874 non-family households. The size of a household in Farmington, MN is 2.89 people, on average. The median household annual income in Farmington is $95,326, and the monthly housing costs are $1,586.
Farmington, MN Education Statistics
In Farmington, MN, 1% of the population have no high school education, according to estimates published by the U.S. Census Bureau. 27% of the city’s population went to high school, 32% of residents completed some college, 12% of the population hold an Associate Degree, as many as 23% hold a Bachelor Degree, and 5% hold a Graduate Degree.
Renting a 2-bedroom apartment in Farmington, MN
A spacious 2-bedroom apartment is a great investment, whether you want to share your apartment with someone else or just turn the other room, say, into a personal office. Located in one of the 25 Farmington, MN properties, you currently have about 41 2-bedroom apartment rentals to choose from. It’s useful to know that the average size for these units is 1,040 Sq.Ft. and they rent for about $1,872. The good news is that these apartments come in all shapes and sizes, so you can be sure that there is something for every taste. With so many apartments to choose from, you might be wondering where to start. RentCafe allows you to filter the results, so you can limit your search to the apartments that fit your criteria. This way, you can filter out the apartments that don’t fit your budget or location preferences and you’ll snatch your perfect home even quicker.
Cheap two-bedroom apartments that won’t burn a hole in your wallet
Use the price, amenities and location filters to find the right apartment for you. In order to make the search easier, we’ll give you a few tips, so you know what to expect. Location is key when renting, so it makes sense that the monthly rent for properties which are close to public transportation, dining and entertainment is higher. Rent prices for 2-bedroom apartments can rise to $3,505, especially if good location comes hand in hand with a modern, well-maintained building, that offers already furnished units. If you are looking for something more affordable, you needn’t fret. There are many cheap 2-bedroom apartments for you to choose from that won’t hurt your wallet. So, if you find an apartment that fits your criteria, don’t let it slip. Contact the property to check its availability, and you can secure your lease directly on RentCafe.