Faribault Homes under $350,000

Welcome to Faribault, Minnesota – a charming city nestled in Rice County, where small-town charm meets modern conveniences. Known for its rich history, vibrant community, and scenic landscapes, Faribault is an ideal place for families, young professionals, and retirees alike. With a population of around 23,000, this welcoming city boasts a strong sense of community and an array of local amenities, making it a perfect spot to call home.

One of the most appealing aspects of Faribault is its diverse real estate market, particularly for those seeking homes under $350,000. Here, you’ll find a variety of options that cater to different tastes and lifestyles. From cozy single-family homes with charming front porches to modern townhouses with contemporary finishes, there’s something for everyone. Many of these homes are situated in peaceful neighborhoods, surrounded by lush parks and friendly neighbors, offering a sense of tranquility and security.

Faribault is not just about beautiful homes; it also offers a wealth of recreational opportunities. Residents can enjoy outdoor activities at local parks, explore the scenic Straight River, or partake in community events that celebrate the city’s rich heritage. With excellent schools, a thriving arts scene, and convenient access to major highways, Faribault provides an excellent quality of life for its residents.

If you’re looking for an affordable yet vibrant place to live, Faribault is the perfect choice. Discover the charm of this delightful city and find your dream home today, all while staying within your budget!

Newest Faribault Homes under $350,000

$239,000

3 Beds ⋅ 2 Baths ⋅ 7161370 MLS

Welcome home to this charming 1.5-story home tucked away on a wonderfully quiet street with a backyard that will WOW you! If you've been dreaming of room to spread out, play, garden, entertain, or simply enjoy the outdoors, this massive, park-like backyard is something special! Imagine summer evenings grilling on the spacious deck overlooking all that green space, or enjoying your morning coffee surrounded by peace and quiet. Inside, you'll find beautiful hardwood floors, three bedrooms upstairs, a renovated bathroom, and a convenient back mudroom that's perfect for dropping shoes, backpacks, coats, and all the extras of everyday life! Add in a two-stall garage, a NEW roof, and a fantastic price, and you've got a home that offers so much to love without breaking the bank. Move right in, make it your own, and start enjoying all the comforts of HOME!

1103 6th Street NW, Faribault

Listing courtesy of eXp Realty.

$325,000

3 Beds ⋅ 2 Baths ⋅ 7158417 MLS

Original 1-owner home available for the 1st time ever! This 3 bedroom, 2 bathroom home has been meticulously cared for by its owner since new in 1993. Many updates have been done to this home over the years such as new luxury vinyl flooring throughout, new drain tile and sump pump system, new roof and the installation of new backyard fencing just to name a few. Located in Faribault near numerous restaurant, retail and other service providers. Faribault High School is a 4 minute walk away and the Middle School is only a 10 minute walk away. A large 13-acre City Park is just across the street and features a beautiful walking trail and newer playground equipment. Minutes from 35W and less than 30 minutes from the Twin Cities south metro. At this price, this home is truly an affordable option for many. Hurry and schedule a showing today as this home is sure to sell quickly!

1810 Prairie Avenue SW, Faribault

Listing courtesy of RE/MAX Preferred.

$235,000

3 Beds ⋅ 1 Baths ⋅ 7159122 MLS

Great starter home, three-bedroom, one-bathroom house provides a functional layout for everyday living. The main areas flow seamlessly, allowing for easy movement between rooms while maintaining a cozy atmosphere. The new appliances in the kitchen invite culinary creativity, while the new furnace and AC ensure year-round comfort. The new light fixtures brightens the home, enhancing its welcoming feel. The corner lot adds an extra dimension to outdoor activities or projects, plenty of space for relaxation or play. Buyer and buyer's agent to verify information and measurements.

103 5th Avenue SW, Faribault

Listing courtesy of RE/MAX Advantage Plus.

$259,900

4 Beds ⋅ 1 Baths ⋅ 7154569 MLS

This 4BR/1BA home is full of character and great space. Three bedrooms and a full bath sit together on the upper level, while the main floor offers a welcoming kitchen, dining room, living room and a handy laundry/mudroom. Enjoy a deep, private backyard from the deck, plus a shed and 2-car garage. The lower level adds a 4th bedroom, making this home a great fit for a variety of needs.

1427 Central Avenue N, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

$235,000

3 Beds ⋅ 2 Baths ⋅ 7155753 MLS

Welcome to a home that feels inviting from the moment you arrive. This beautifully designed 3-bedroom, 2-bath home offers a comfortable layout and a wonderful corner-lot setting with space to truly enjoy everyday life. Please note, stylish wallpaper in kitchen and upper level is easily removed by just pulling off. (peel & Stick) Step outside onto the spacious deck and take in the peaceful, private backyard—perfect for morning coffee, summer gatherings, or unwinding at the end of the day. The oversized 2-car garage provides room for vehicles, storage, hobbies, and more, with 220 electrical service for added versatility. Newer windows, furnace, and A/C offer added peace of mind. Thoughtfully designed, wonderfully cared for, and filled with possibilities, this is the kind of home where memories are made.

1229 1st Avenue NE, Faribault

Listing courtesy of Edina Realty, Inc..

$324,900

4 Beds ⋅ 2 Baths ⋅ 7144771 MLS

Well-maintained and lovingly cared for over the past 39 years, this spacious two-story home offers comfort, functionality, and plenty of room to grow. Featuring 4 spacious bedrooms, 2 bathrooms, and a 2-car garage, this home provides ample space for family and guests. The inviting backyard is a wonderful place to relax, entertain, and enjoy time outdoors. Inside, you’ll find generous storage space throughout, making it easy to keep everything organized. The home features a new roof in May, 2026. With its spacious layout, great outdoor space, and decades of prideful ownership, this home is ready for its next chapter!

1100 Mitchell Drive, Faribault

Listing courtesy of Edina Realty, Inc..

$275,000

4 Beds ⋅ 2 Baths ⋅ 7148050 MLS

Opportunity is knocking! This spacious Faribault rambler offers 4 bedrooms on one level, over 2,200 square feet on the main floor, an attached 2-car garage, and a large corner lot; all ready for its next owner to bring their vision and give it the glow-up it deserves! Inside, you’ll find an incredibly spacious and versatile floor plan with hardwood floors throughout much of the main level, including hardwood hidden beneath the living room carpet. The massive primary bedroom and three additional bedrooms are all conveniently located on one level. Multiple living spaces provide plenty of room to spread out, including a large main-level family room with vaulted ceilings and one of the home’s two fireplaces. Built-in cabinetry and hutches add character and valuable storage throughout. Main level and lower level family rooms, two fireplaces, generous room sizes, abundant storage, and an amazing primary bedroom are but a few reasons making this home an incredible foundation for updating, remodeling, and creating something truly special! Outside, enjoy the large corner lot, patio, garden space, alley access, and attached 2-car garage with plenty of room for vehicles and storage. Conveniently located near Faribault Senior High School, Jefferson Elementary, Bethlehem Academy, parks, shopping, restaurants, and everyday amenities, this property combines space, location, character, and tremendous potential. If you’ve been searching for a spacious Faribault rambler with 4 bedrooms on one level and the opportunity to build equity through updates, this is one you won’t want to miss!

849 8th Avenue SW, Faribault

Listing courtesy of RE/MAX Advantage Plus.

$299,900

3 Beds ⋅ 2 Baths ⋅ 7148232 MLS

Rare in-town acreage with room to roam! Set on 1.7 acres, this inviting property pairs the convenience of town with a peaceful, natural setting featuring mature trees, a creek, and abundant wildlife. Inside, hardwood floors and a spacious living room create a warm welcome. The home offers three bedrooms, including one on the main level, two bathrooms, an updated kitchen, office space, and a large basement family room—plus abundant storage throughout. Enjoy your morning coffee on the front porch or make the most of the generous outdoor space. A newer garage, roundabout driveway, and ample room for trailers and toys add everyday convenience. Schools, amenities, major highways, walking trails, and the Faribault Nature Center are all nearby. Come discover the space, setting, and possibilities this unique property has to offer!

1030 Willow Street, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

$110,000

2 Beds ⋅ 1 Baths ⋅ 7152382 MLS

Seasonal lakefront cabin located on Lake Mazaska in Faribault. The property includes 2 bedrooms, 1 3/4 bathroom, an eat-in kitchen, living room, and a private dock with direct lake access. Additional features include a deck, patio, porch, propane heater, shared water system, and compliant septic system. The cabin is situated on leased land with access by private, unpaved roads. Longstanding, small seasonal lake community with remarkably inexpensive annual land rent. No garage or designated parking. An affordable opportunity for seasonal lake use, boating, fishing, and waterfront recreation.

6000 Fairbanks Path Unit 15, Faribault

Listing courtesy of Keller Williams Preferred Rlty.

$260,000

4 Beds ⋅ 2 Baths ⋅ 7113634 MLS

Welcome home to this inviting 4-bedroom, 2-bath rambler in a desirable Faribault neighborhood! Offering over 1,500 finished square feet of living space, this home is currently vacant and ready for its next owners. The functional layout provides plenty of room for everyday living, while the spacious kitchen features updated flooring installed in 2024. The entire home has been freshly painted and recently deep cleaned, giving the space a clean, fresh feel from the moment you walk in. Step outside to enjoy the fully fenced backyard and spacious deck—perfect for grilling, entertaining, or relaxing. The deck has just been refinished and stained, creating a beautiful outdoor space that's ready to enjoy. Recent updates include a new roof in 2022, new gutters and gutter guards installed in 2017, and a new basement bathroom shower in 2025. An attached 2-stall garage offers convenient parking and additional storage. With fresh updates, a fully fenced backyard, and a move-in-ready interior, this Faribault home is ready for its next chapter. Don't miss your opportunity to make it yours—schedule your showing today!

1401 Summer Lane, Faribault

Listing courtesy of Edina Realty, Inc..

$240,000

3 Beds ⋅ 2 Baths ⋅ 7151436 MLS

Discover the potential in this split-level home tucked away on a quiet cul-de-sac. With a great location close to schools and a spacious backyard, this property offers plenty of opportunity to make it your own. Bring your vision and personal touches to update and refresh the home to fit your style. A great option for buyers looking for a home with room to grow and create something special.

8 Aspen Court, Faribault

Listing courtesy of eXp Realty.

$289,900

4 Beds ⋅ 2 Baths ⋅ 7150312 MLS

Welcome to a home where nearly every surface has been thoughtfully refreshed, creating a truly move-in-ready space that feels fresh, clean, and updated from the moment you walk through the door. With extensive improvements completed inside and out, the next owner can simply unpack, settle in, and enjoy. Step inside to fresh paint and new flooring throughout, complemented by new lighting fixtures that give the home a bright, cohesive feel. The kitchen has been completely transformed with beautiful new custom cabinetry and brand-new appliances, creating a functional and inviting space ready for everything from busy mornings to entertaining family and friends. The bathrooms have also been updated, carrying the fresh, finished feel throughout the home. The improvements go well beyond cosmetics. New windows, roof and gutters provide added efficiency and peace of mind, while durable steel siding offers a low-maintenance exterior. A new garage door adds another finishing touch, and fresh landscaping gives the home welcoming curb appeal from the moment you arrive. Step outside to the new maintenance-free deck—the perfect spot for grilling, entertaining, relaxing, or simply enjoying the outdoors without the upkeep of traditional decking. Even the behind-the-scenes details have received attention. The ductwork has been professionally cleaned, and both the furnace and central air conditioning have been serviced. From the major improvements to the finishing touches, this home has been carefully prepared for its next chapter. Fresh, updated, low-maintenance, and ready to enjoy—the projects have already been completed so the next owner can simply move in and make it home.

600 Ladonna Lane, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

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Faribault Homes under $350,000

Newest Faribault Homes under $350,000

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