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Apartments in 55021

1 - 6 of 6 Results
1
$1,100
The Ponds
2805 Cardinal Ave Faribault, MN
1 BR | Jun. 1, 2024
Contact
Storage
Disability Access
Dishwasher
9
$1,075
Park Place 2310
2310 Park Ave Faribault, MN
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
2
$1,500
31 3rd St NE
Faribault, MN
1 BR | May. 10, 2024
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Storage
Disability Access
Dishwasher
8
$1,100
2610 Cardinal Ave
Faribault, MN
1 BR | Available Now
Contact
Heat Included
Air Conditioning
Surface Parking
Storage
Disability Access
3
$700
325 Central Ave #1
Faribault, MN
1 BR | Available Now
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Storage
Disability Access
$1,800
617 Shumway Ave
Faribault, MN
3 BR | Available Now
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House
Storage
Dishwasher
1 - 6 of 6 Results
  1. Home
  2. Faribault
  3. 55021

How much does it cost to rent an apartment in 55021?

55021 apartments
Bed Type Average Rent Range
1BR $1,100 $700 - $1,500
Frequently Asked Questions

How many apartments are available in 55021 on Rentable.co?

Rentable.co has 6 apartments available for rent in 55021.

What is the average rent for an apartment in 55021?

The average rent for an apartment in 55021 is around $1,100 per month.

What is the average rent for a one-bedroom apartment in 55021?

The average rent for a one-bedroom apartment in 55021 is around $1,100 per month.

Find an Apartment in 55021
If you're searching for apartments for rent in 55021 Faribault, MN, you're in luck! Currently, there are 8 units available for rent in the 55021 zip code area on Rentable. The average rent in 55021 is $1,150, with 1-bedroom units starting at $700.

55021 offers a range of rental options to suit different preferences and budgets. Whether you're looking for a cozy studio or a spacious three-bedroom apartment, you can find it here. Check out Rentable's listings in the 55021 area to discover your ideal rental home.

In addition to the various rental options, the 55021 area boasts a variety of community amenities and nearby points of interest. Residents can enjoy easy access to parks, shopping centers, restaurants, and more. The area offers a convenient and vibrant lifestyle for its residents.

If you're seeking a new rental home in Faribault, MN, look no further than the apartments near 55021. With a range of rental options, affordable prices, and a convenient location, there's something for everyone in 55021. Start your apartment search on Rentable and find your perfect match in Faribault today!

Faribault:
April Rent Report

Welcome to the April 2024 Faribault Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Faribault rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Faribault and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Faribault average rent prices in the chart below.

Monthly Rent Report

$1,650
$1,240
$830
$410
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Faribault Rent Prices Increase From March to April

Faribault rent prices increased over the last month. From March to April, the city experienced a 0.46% increase for the price of a one-bedroom apartment. The rent price for a Faribault one-bedroom apartments currently stands at $1,099.0.

When we take a look at the two-bedroom comparison from March to April, Faribault experienced a 10.27% increase for the price of a two-bedroom apartment. The rent price for a Faribault two-bedroom apartments currently stands at $1,557.0.

April Prices: Faribault vs. Surrounding Areas

Rent Prices in Faribault and Surrounding Areas

Rent prices have increased in Faribault over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Faribault suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Faribault suburbs

  • Rents did not decrease in any of the Faribault suburbs.

April 2024 Pricing Trends: Faribault vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Faribault Rent Prices More Affordable Than Major Cities

Rent growth in Faribault over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Faribault average rent prices appear to be relatively affordable for local residents.

The price for a Faribault one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Faribault and surrounding area rent prices, take a look at the complete data set below.

Data set for Faribault and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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