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Apartments for Rent in Faribault, MN under $1000

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    1 bd $969
    Base rent Income restricted
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    The Lofts At Evergreen Knoll

    3.5 (4)
    2275 4Th Street NW, Faribault, MN 55021
    Apply online • Fitness center • In unit laundry
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    Studio $1,000
    Base rent
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    Straight River Apartments, LLC

    4.0 (22)
    601 1St Ave NE, Faribault, MN 55021
    Pet friendly • Parking • Fitness center
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    Golden Meadows Apartments

    4.5 (4)
    1415 Prairie Ave SW, Faribault, MN 55021
    Pet friendly • Fitness center • Large Closets

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    Eastgate Apartments

    5.0 (2)
    407 Cherry St., Owatonna, MN 55060
    Parking • Fitness center • In unit laundry
  • 3-1-city

Frequently asked questions

When were prices and availability in Faribault, MN last updated?

Prices and availability in Faribault, MN were last updated on 20 Oct 2026.

What are the best apartments in Faribault, MN?
What type of rental buildings are in Faribault, MN?

In Faribault, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Faribault's rentals, 54% are small-scale complexes with under 50 units, and 22% are single-family rentals.

Renting apartments in Faribault, MN under $1,000

Searching for apartments for rent in Faribault, MN under $1,000 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,000” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Faribault, MN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Faribault, MN going for $969 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.