
Cheap Apartments for Rent in Cannon Falls, MN from $600 (58 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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Hidden Valley Apartments

Riverview Manor

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Northfield Estates

Town Center Apartments

Westview Village Apartments

Park Place Plaza

Pleasant Ridge Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Kraewood Flats

Hidden Valley Apartments

Voyageur Estates

Centennial & Heritage Apartments

Timberfield Apartments

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Wicklowe Apartments

Rosewood Crossing Apartments

The Landing at Amber Fields

551 18th St E

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The Downtown Plaza
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Current 33

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Lake Isabel Flats

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Avanti

Mosaic Apartments

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Copper at Rosecott Now Open

Pine Meadows

Maple Trails Apartments

5th Street Lofts

LakeVillage Apartments

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The Morrison
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.

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Waterford Commons

Park Place Apartments

The Emery Apartments

Dundas Apartments

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The Edison at Spirit

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Rye Apartments

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The Bank - Red Wing

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The Nash Rosemount

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Livery Modern Apartments

Trailside Acres 1
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.

501 1st St W

River Ridge Apartments

Eagle Ridge Apartments

Croft at Rosecott

Pheasant Run Townhomes

Boxrud Flats

Vermillion Shores II

260 Frenn Ave

2894 138th St W

Springs At Cobblestone Lake
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.
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 | $1,393 | $1,040 | $1,603 |
| Cannon Falls 1 Bedroom Apartments | $1,552 | $910 | $1,988 |
| Cannon Falls 2 Bedroom Apartments | $2,027 | $1,027 | $3,000 |
| Cannon Falls 3 Bedroom Apartments | $2,368 | $1,755 | $2,912 |
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. Croft at Rosecott in the Glendalough neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,192. 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 |
| Croft at Rosecott | Driftwood | 1BR,1BA | $1,192 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1,200 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1,250 |
| Wicklowe Apartments | Carrick | Studio,1BA | $1,263 |
| The Landing at Amber Fields | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,295 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1,295 |
| Timberfield Apartments | Studio-Loft D | Studio,1BA | $1,300 |
| Boxrud Flats | One Bedroom | 1BR,1BA | $1,315 |
| Rosewood Crossing Apartments | 2860 1 Bed 1 Bath Front View | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Cannon Falls, MN and Nearby
As of August 08, 2026 the best value apartment in the Cannon Falls area is the $1.77 price per square foot Mauve (Heated Garage) Model at The Nash Rosemount in the in the Glendalough neighborhood starting from $2,298. The second greatest value Cannon Falls apartment is the 2 BR Grand Overlook Model at Springs At Cobblestone Lake starting at $2,153 with a $1.81 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. |
|---|---|---|---|
| The Nash Rosemount | Mauve (Heated Garage) | 2BR,2BA | $1.77 |
| Springs At Cobblestone Lake | 2 BR Grand Overlook | 2BR,2BA | $1.81 |
| Park Place Apartments | B | 2BR,2BA | $1.57 |
| The Bank - Red Wing | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1.37 |
| Waterford Commons | The Clare III | 1BR,1BA | $1.79 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.75 |
| 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 Wicklowe Apartments listed at $1,263.
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 $1,200 at Hidden Valley 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 $1,755.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.