Faribault-Northfield, MN Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Faribault-Northfield, MN
The median asking rent in Faribault-Northfield, MN is $2,150 as of June 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $327,384, that rent level prices Faribault-Northfield, MN at a 8.36% gross rental yield — compared with 8.61% across Minnesota.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Faribault-Northfield, MN rent and rental yield comparison
The current Faribault-Northfield, MN baseline is $2,150 median asking rent and 8.36% gross rental yield. Compare rent, yield, and home values with selected Minnesota metros, then open a public report or Rental Insights for property-level follow-up.
Minneapolis-St. Paul-Bloomington, MN-WI
Minneapolis-St. Paul-Bloomington, MN-WI median asking rent is $2,495, $345 (16%) higher than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $2,495
- Gross yield
- 8.54%
- Avg home value
- $364,129
Duluth, MN-WI
Duluth, MN-WI median asking rent is $2,000, $150 (7%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $2,000
- Gross yield
- 9.23%
- Avg home value
- $320,449
Brainerd, MN
Brainerd, MN median asking rent is $1,700, $450 (20.9%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $1,700
- Gross yield
- 8.39%
- Avg home value
- $326,149
Rochester, MN
Rochester, MN median asking rent is $2,100, $50 (2.3%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $2,100
- Gross yield
- 8.15%
- Avg home value
- $317,543
Fergus Falls, MN
Fergus Falls, MN median asking rent is $1,398, $752 (35%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $1,398
- Gross yield
- 10.14%
- Avg home value
- $194,319
Grand Rapids, MN
Grand Rapids, MN median asking rent is $1,750, $400 (18.6%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $1,750
- Gross yield
- 10.19%
- Avg home value
- $264,404
Austin, MN
Austin, MN median asking rent is $1,288, $862 (40.1%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $1,288
- Gross yield
- 12.80%
- Avg home value
- $189,417
Albert Lea, MN
Albert Lea, MN median asking rent is $1,250, $900 (41.9%) lower than the $2,150 median asking rent in Faribault-Northfield, MN.
- Median rent
- $1,250
- Gross yield
- 14.34%
- Avg home value
- $148,545
Faribault-Northfield, MN rent and yield FAQ
Quick answers based on the latest Faribault-Northfield, MN rental listing and transaction data.
What is the average rent in Faribault-Northfield, MN?
As of June 2026, the median asking rent in Faribault-Northfield, MN is $2,150. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Faribault-Northfield, MN?
Faribault-Northfield, MN currently prices at a 8.36% gross rental yield, versus 8.61% across Minnesota. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Faribault-Northfield, MN market context to property-level screening
Open Rental Insights with Faribault-Northfield, MN selected, then pair the yield signal with investor activity and rental data workflows.