
Cheap Apartments for Rent in Cannon Falls, MN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Cannon Falls.


Stonehouse Apartments

North Oak Apartments

Hidden Valley Apartments

Northfield Estates
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Woodridge Apartments

Centennial & Heritage Apartments

Hidden Valley Apartments

Riverview Manor

Westview Village Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Park Place Plaza

Voyageur Estates

River Ridge Apartments

Pleasant Ridge Apartments

Eagle Ridge Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Cannon Falls, MN Local Guide

How much does it cost to rent an apartment in Cannon Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cannon Falls Studio Apartments | $1,261 | $810 | $1,690 |
| Cannon Falls 1 Bedroom Apartments | $1,581 | $670 | $1,979 |
| Cannon Falls 2 Bedroom Apartments | $1,934 | $726 | $2,530 |
| Cannon Falls 3 Bedroom Apartments | $2,401 | $1,725 | $2,975 |
| Cannon Falls 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Browse Top Apartments in Cannon Falls
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Cannon Falls, MN Local Guide
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Cheapest Available Cannon Falls Apartments for Rent and Nearby
 The cheapest available apartment rental in Cannon Falls, MN is a 1 Bed unit found at Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $950. Hidden Valley Apartments in the Dakota Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Cannon Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $950 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1,000 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1,000 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Cannonball Apartments | A1 | Studio,1BA | $1,090 |
Best Value Apartments for Rent in Cannon Falls, MN and Nearby
As of February 06, 2026 the best value apartment in the Cannon Falls area is the $1.72 price per square foot 3 Bedroom Model at Mosaic Apartments in the in the Green Meadows neighborhood starting from $2,300. The second greatest value Cannon Falls apartment is the The Ashford Model at Waterford Commons starting at $1,847 with a $1.65 price per square foot in the Glendalough neighborhood. Here is today’s list of the best values for Cannon Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mosaic Apartments | 3 Bedroom | 3BR,2BA | $1.72 |
| Waterford Commons | The Ashford | 2BR,2BA | $1.65 |
| Voyageur Estates | 2 Bedroom 1.75 Bath + Fireplace | 2BR,1.75BA | $1.72 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| Maple Trails Apartments | MT 2 BR SPLIT | 2BR,1BA | $1.65 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.17 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.28 |
| Town Center Apartments | B2 | 1BR,1BA | $1.72 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1.60 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cannon Falls, MN Rentals by Map
See the most popular apartments and homes in Cannon Falls, MN
Frequently Asked Questions about Cheap Cannon Falls Apartments
What is the Cheapest Studio apartment in Cannon Falls?
Currently the most affordable Cheap Studio Apartment in Cannon Falls is at Park Place Plaza listed at $1,055.
How much is rent for a Cheap One Bedroom Cannon Falls Apartment?
The lowest price for a Cheap One Bedroom Cannon Falls Apartment is $950 at Centennial & Heritage Apartments.
What is the lowest price for a Cheap Two Bedroom Cannon Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cannon Falls is starting from $1,050 at Centennial & Heritage Apartments.
What is the most affordable Cannon Falls Three Bedroom Apartment?
The best deal on a cheap Cannon Falls Three Bedroom Apartment rental is at LakeVillage Apartments and starts from $1,725.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.