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1321 1st St NE #1

Faribault, MN 55021 - Rice County

Apartment

2 beds

1 bath

900 sqft

No pets

About 1321 1st St NE #1

Spacious 2 bedroom apartment located east side of Faribault. Close to many employment opportunities. Handicapped accessible. Fully renovated unit with new windows, new kitchen appliances, LVP flooring installed throughout, new light fixtures, updated bathroom vanity, tub/shower, and toilet. Tenant pays electricity, water included in rent. Off-street parking. Garage not included. Twelve month lease. 30 day written notice for move-out. Crime-free, drug-free. No smoking, no pets. Must pass criminal and credit background check. $50 non-refundable application fee.

2 days on RentalSource

RentalSource last checked: 2 days ago · Listing updated: October 26, 2026

Contact: RentalBeast

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,400
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	900 sqft

Pets:	No
Laundry:	Inquire
Parking:	Garage
Available:	Inquire
ID:	84656735

Amenities

Parking
Smoke-Free
Vinyl/Laminate Floors
Wheelchair Access

Additional Details

This 2-bedroom, 1-bathroom apartment at 1321 1st St NE #1 in Faribault, MN 55021 rents for $1,400 a month. It has 900 square feet. 1321 1st St NE #1 was advertised on October 26, 2026.

Affordability Calculator

Can I afford to live at 1321 1st St NE #1?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$56,000 /year

With your chosen rent-to-income ratio, an annual income of $56,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,400 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,400

Rent Affordability Calculator

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1321 1st St NE #1, Faribault, MN 55021 - Apartment for Rent

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