Faribault, Rice County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Faribault, Rice County, MN

Median Home Price Price

$283,525 $283.5K

Median Monthly Rent Rent

$1,285 $1.3K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Faribault, MN is $1,285, with MoM change +$13 and YoY change +$91 pointing to positive momentum while volatility is low (std $22).

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Metric

Base market Faribault, MN

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Delta vs base

Median rent

$1,285

N/A

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Median price

$283,525

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YoY change

+$91

N/A

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Price-to-rent

18.4x

Data unavailable

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