As of April 2024 the median rental rate in Faribault is $1,262 which is $274 (18%) less than the median of $1,536 for Rice County, $127 (9%) less than the median of $1,389 for Minnesota and $335 (21%) less than the median of $1,597 for the United States.
Median | 1 Bed | 2 Beds | 3 Beds | |
---|---|---|---|---|
Faribault | $1,262 | $959 | $1,187 | $1,641 |
Rice County | $1,536 | $1,058 | $1,409 | $2,142 |
Minnesota | $1,389 | $1,077 | $1,361 | $1,728 |
United States | $1,597 | $1,236 | $1,565 | $1,989 |