Real Estate Investing in Faribault, Minnesota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 30,860 • Rice County

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Should you buy in Faribault, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Faribault, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.8% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $306,794
Avg Monthly Rent $1,449
ZIP Codes 1

Investing in Faribault Real Estate

Across Faribault's 1 ZIPs, the picture is subdued: $307K median values, $1,449/mo rents, and a population that has faced real economic pressure.

firmly Faribault's aggregate rating of ★★★☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rent trends and price trends in Faribault are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Minnesota.

Faribault's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Faribault-Northfield, MN

Faribault is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$306,794
Avg Monthly Rent
$1,449
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Faribault, MN

Screen every ZIP in Faribault

Filter Faribault’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Faribault, MN

What is the rental occupancy rate in Faribault, MN?

Occupancy in Faribault, MN runs steady with elevated vacancy. Well-priced units at $1,449/mo lease on reasonable timelines.

Where do home prices stand in Faribault, MN?

Faribault, MN home values average about $307K. That price point suits investors targeting rentals with $1,449/mo in monthly income.

What are rental rates like in Faribault, MN?

Average rent in Faribault, MN is approximately $1,449/mo per month. Against $307K home values that yields a reasonable rent-to-price ratio.

What is the tenant pool like in Faribault, MN?

The tenant pool in Faribault, MN is solid, supported by local employment and population fundamentals. Rents of $1,449/mo are well-absorbed by the market.

Does Faribault, MN make sense for an investment property?

The 3.0/5 investability rating in Faribault, MN reflects its $307K prices and $1,449/mo rents. Investors generally consider it a solid option within MN.

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