
Cheap Homes for Rent in Cannon Falls, MN from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Cannon Falls.


2894 138th St W

20577 Erin Ct

513 Tamarack Trl

220 1st St
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.

12710 Granger Ct

7155 126th St W

15626 Float Ct

15531 Flyboat Ln

503 Juliet Dr
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.

141 Anthony Dr
Cannon Falls, MN Local Guide

How much does it cost to rent a home in Cannon Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cannon Falls 2 Bedroom Homes for Rent | $1,844 | $1,450 | $2,279 |
| Cannon Falls 3 Bedroom Homes for Rent | $2,268 | $1,400 | $3,600 |
| Cannon Falls 4 Bedroom Homes for Rent | $2,820 | $2,300 | $3,495 |
| Cannon Falls 5 Bedroom Homes for Rent | $2,937 | $2,495 | $3,379 |
Browse Top Homes for Rent 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 2 Beds unit found at Northfield Estates in the Wood Hill neighborhood priced from $952. 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 |
|---|---|---|---|
| Northfield Estates | COMING SOON | 2BR,1BA | $952 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1,000 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1,000 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,010 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
Best Value Apartments for Rent in Cannon Falls, MN and Nearby
As of March 20, 2026 the best value apartment in the Cannon Falls area is the $1.67 price per square foot 2 Bedroom Model at Mosaic Apartments in the in the Green Meadows neighborhood starting from $1,900. The second greatest value Cannon Falls apartment is the ** COMING SOON ** Model at Hidden Valley Apartments starting at $1,010 with a $1.11 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. |
|---|---|---|---|
| Mosaic Apartments | 2 Bedroom | 2BR,2BA | $1.67 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Northfield Estates Apartments | COMING SOON | 2BR,1BA | $1.19 |
| Park Place | E | 1BR,1BA | $1.74 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.28 |
| Town Center Apartments | B4 | 1BR,1BA | $1.76 |
| Trailside Acres 1 | 2 Beds, 1 bath | 2BR,1BA | $1.48 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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!
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See the most popular apartments and homes in Cannon Falls, MN
Frequently Asked Questions about Cannon Falls
What type of rentals are currently available in Cannon Falls?
There are currently 56 Apartments for Rent in Cannon Falls, MN with pricing that ranges from $821 to $3,295. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cannon Falls ranging from $1,400 to $3,600.
What is the current price range for Rental Homes in Cannon Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cannon Falls ranges from $1,400 to $3,600 with an average monthly rent of $2,467.
How much are larger Three and Four Bedroom Rentals in Cannon Falls?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cannon Falls range from $1,219 to $3,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,500.
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.