Property prices for rent in Faribault (Minnesota)

The rent prices in real estate in Faribault, in the Minnesota region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,186.83
Average price last 6 months
$1.18
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Faribault has risen strongly during the last 6 months. In February, the average price per sq.feet was $0.92. In the following month the price per sq.feet rose to $1. The price for the following two months in (April, May) had a considerable rise of 129 %. The price per sq.feet has had a considerable rise of 121 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.1 to $1.34 during June, and July.

Average price

When referring to the price in Faribault (cities), this has risen considerably in the last 6 months. The average price for February is $1,048. During March the price had a slight fall till $993. During the following two months (April, May) the price has had an average rise from $1,020.5 to $1,120.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,691 they are 42 % more affordable than the average price for Faribault . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,370.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $1.5 / sq.feet price in Faribault. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.41 / sq.feet.

Price per property type

According to average price per property type in Faribault, "" priced at $981 is 42 % lower than the average price ($1,691) in this city.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Faribault
Number of properties used in region Minnesota
$1,691
$1.5
60
45,222
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
819 Francis St 2 Bedroom Apartment For Rent At 819 Francis St, Faribault, Mn 55021
 8
819 Francis St 2 Bedroom Apartment For Rent At 819 Francis St, Faribault, Mn 55021
$1,045
Faribault, Minnesota - For Rent - Apartment - 1,000 sq.feet - 2 bedrooms - 1 bathroom
Deluxe 2 bedroom apartment - river trail apartments offer deluxe 2 bedroom condo style units with walk out patios or decks on each unit. They also include a...
31 3rd Street 1 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
 20
31 3rd Street 1 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
$1,500
Faribault, Minnesota - For Rent - Apartment - 850 sq.feet - 1 bedroom - 1 bathroom
In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries... In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries...
31 3rd Street 1 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
 20
31 3rd Street 1 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
$1,500
Faribault, Minnesota - For Rent - Apartment - 850 sq.feet - 1 bedroom - 1 bathroom
In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries... In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries...
31 3rd Street 2 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
 20
31 3rd Street 2 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
$1,800
Faribault, Minnesota - For Rent - Apartment - 1,400 sq.feet - 2 bedrooms - 1 bathroom
In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries... Faribault. Within walking distance of restaurants, breweries, grocery stor...
31 3rd Street 2 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
 20
31 3rd Street 2 Bedroom Apartment For Rent At 31 3rd St Ne, Faribault, Mn 55021
$1,800
Faribault, Minnesota - For Rent - Apartment - 1,400 sq.feet - 2 bedrooms - 1 bathroom
In the heart of thriving downtown faribault. Within walking distance of restaurants, breweries... Faribault. Within walking distance of restaurants, breweries, grocery stor...