
Cheap Apartments for Rent in Cannon Falls, MN from $600 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Cannon Falls.


Stonehouse Apartments

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Woodridge Apartments

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Northfield Estates

Riverview Manor

Pleasant Ridge Apartments

Park Place Plaza

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Avanti

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Hidden Valley Apartments

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The Bank
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Voyageur Estates

Hidden Valley Apartments

Timberfield Apartments

Boxrud Flats

Rosewood Crossing Apartments

The Landing at Amber Fields

551 18th St E

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The Downtown Plaza

Centennial & Heritage Apartments

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Lake Isabel Flats
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.

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Wicklowe Apartments

Park Place Apartments

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Copper at Rosecott - Now Open!

Mosaic Apartments

Town Center Apartments

Kraewood Flats

The Quill 55+ Apartments

Pine Meadows

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The Morrison

LakeVillage Apartments
Cash 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.

Current 33

Waterford Commons

5th Street Lofts

The Emery Apartments

Dundas Apartments

Maple Trails Apartments

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The Edison at Spirit

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The Nash Rosemount

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Rye Apartments

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Livery Modern 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.

Trailside Acres 1

River Ridge Apartments

Westview Village Apartments

Eagle Ridge Apartments

Pheasant Run Townhomes

51 Viking Terrace

Vermillion Shores II

Croft at Rosecott

710 W 4th St

Springs At Cobblestone Lake
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,399 | $1,055 | $1,603 |
| Cannon Falls 1 Bedroom Apartments | $1,541 | $910 | $1,988 |
| Cannon Falls 2 Bedroom Apartments | $2,021 | $952 | $3,000 |
| Cannon Falls 3 Bedroom Apartments | $2,316 | $1,600 | $2,858 |
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 Woodridge Apartments in the Green Meadows neighborhood priced from $910. Northfield Estates in the Wood Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $952. Here is today’s list of the most affordable Cannon Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $910 |
| Northfield Estates | COMING SOON | 2BR,1BA | $952 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $995 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Avanti | Studio A | Studio,1BA | $1,085 |
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1,120 |
| The Bank | 1 Bedroom | 1BR,1BA | $1,185 |
| Rosewood Crossing Apartments | 2810 1 Bed 1 Bath Front View | 1BR,1BA | $1,275 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1,295 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Cannon Falls, MN and Nearby
As of June 22, 2026 the best value apartment in the Cannon Falls area is the $1.57 price per square foot B Model at Park Place Apartments in the in the Harliss neighborhood starting from $1,610. The second greatest value Cannon Falls apartment is the Two Bedroom/ Two Bathroom Model at Timberfield Apartments starting at $1,685 with a $1.73 price per square foot in the Green Meadows 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. |
|---|---|---|---|
| Park Place Apartments | B | 2BR,2BA | $1.57 |
| Timberfield Apartments | Two Bedroom/ Two Bathroom | 2BR,2BA | $1.73 |
| Voyageur Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.80 |
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1.23 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.19 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.27 |
| The Bank | 1 Bedroom | 1BR,1BA | $1.69 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.36 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $910 at Woodridge 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 $952 at Northfield Estates.
What is the most affordable Cannon Falls Three Bedroom Apartment?
The best deal on a cheap Cannon Falls Three Bedroom Apartment rental is at The Landing at Amber Fields and starts from $1,638.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.