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Home / Faribault / 31 3rd St NE
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Updated 1 day ago

31 3rd St NE


Faribault, MN

1 - 2 Bed
•
1 Bath

850 - 1,200 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,500
850 ft2
2 Available
Managed By: G & H Mgmt. (R31)
Updated 1 day ago

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Unit 302
$1,500
Available Now
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Unit 202
$1,500
Available Jun 10th, 2024
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View Rented Units
2 Beds • 1 Bath
$1,900
1200 ft2
1 Available
Managed By: G & H Mgmt. (R31)
Updated 1 day ago

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Unit 203
$1,900
Available Now
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Where you'll live
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31 3rd St NE
31 3rd St NE
31 3rd St NE
Location ratings
Walk Score®
75
Very Walkable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Walk In Closets
Public Transportation
Hardwood Floors
High / Vaulted Ceiling
Granite Countertop
Meal Plan Available
Smoke-free Community
High-speed Internet
Microwave
Range / Oven
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit: 1500.0 - 1900.0
Property details
Description

The Lofts on 1st and 3rd in Faribault offers a truly unique opportunity to immerse yourself in the heart of a vibrant and historic community. Housed in the beautifully renovated building, our upper-floor apartments bring together both comfort and style. These spacious apartments showcase architectural charm with features like large windows, soaring fifteen-foot ceilings, and stylish touches of exposed brick and wood beams. Designed with modern living in mind, the open-concept living space allows for seamless flow between kitchen, dining, and living areas. A generous bathroom, convenient in-unit laundry, and plentiful storage make everyday living a breeze. Plus, the culinary delights of the highly-rated Redemption Restaurant are right on the main floor. Join us at the Lofts on 1st and 3rd, where historic charm meets modern luxury living.

Additional Details
Account Type: Other
Total Unit Count: 6
Last Updated: Updated 1 day ago
Contact Number: (507) 334-3499
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 31 3rd St NE by bedroom type below.
1 Bedroom
Suggested income:
$54,000
per year
2 Bedroom
Suggested income:
$68,400
per year
Rent report

31 3rd St NE Rent vs. Faribault Average

 31 3rd St NE      Faribault Average
1BR
$1,500
$1,183
$0
$500
$1,000
$1,500
$2,000

31 3rd St NE is asking 27% more than the average 1 bedroom apartment in Faribault.

31 3rd St NE provides 13% more square footage than the average Faribault 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
31 3rd St NE
1BR $1,500 $1.80 $4,500
2BR $1,900 $1.60 $5,700
Faribault Average
1BR $1,183 $1.60 $3,550

Availability in Faribault

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3 1BR units on the market in Faribault. If you're looking to negotiate, this may be your best option.

1BR
2BR
75% 25%
Available Units in Faribault
1BR 3
2BR 1
Location
Nearby Hospitals
Name Distance
District One Hospital 0.56 mi.
Owatonna Hospital 12.56 mi.
Northfield City Hospital & Nsg 13.0 mi.
Nearby Fire Stations
Name Distance
Faribault Fire Rescue Department 0.2 mi.
Faribault Fire Rescue Department 1.71 mi.
Medford Fire Department 8.53 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 850 to 1,200 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,500 to $1,900. 31 3rd St NE has 1 bedroom units available starting at $1,500 and 2 bedroom units available starting at $1,900.
Where is this property located?
This property is at 31 3rd St NE in Faribault, MN. It's 0.4 miles northwest from the center of Faribault.
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