Rentometer, Inc. | Data as of 10/23/2025
Fairmont, MN’s metro rental market offers a diverse mix of housing options that cater to both families and young professionals seeking a welcoming Midwestern community. The area is known for its charming historic downtown, vibrant arts scene, and easy access to the scenic Blue Mounds State Park, making it an attractive place to call home. Renters can choose from contemporary apartments in the Riverbend and Lakeside neighborhoods, where modern amenities blend with tree‑lined streets, or opt for single‑family homes in quieter residential pockets such as the Westside and Fairview districts. Proximity to Fairmont State Bank, the Fairmont Hospital, and the local college provides convenient daily conveniences and a strong sense of community.
When it comes to pricing, two‑bedroom apartments in Fairmont typically fall within the $800‑$900 range, reflecting a balanced market that remains affordable compared to larger metropolitan areas. This price point, combined with a steady supply of quality units, supports a stable rental environment for newcomers and long‑time residents alike. The city’s well‑maintained public transportation, extensive bike trails, and a variety of dining and shopping options further enhance the appeal of Fairmont rentals. Whether you’re seeking a vibrant urban setting or a peaceful suburban retreat, Fairmont’s rental landscape provides a reliable foundation for comfortable living in a thriving Minnesota community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $871 | $950 | $700 - $1,000 | $757 - $950 |
In the current period, the average rent in Fairmont, MN was
$872 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.