Cheap Homes for Rent in Cannon Falls, MN from $900 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Cannon Falls.

property at 301 5th St S

$925

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Condo for Rent

Available Now

301 5th St S, Unit 1

301 5th St S
Cannon FallsMN55009
property at 1000 Division St S

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Feb 10

1000 Division St S

NorthfieldMN55057

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.

property at 501 1st St W

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

501 1st St W

NorthfieldMN55057
property at 2894 138th St W

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

2894 138th St W

RosemountMN55068

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.

Cannon Falls, MN Local Guide

Best Value Apartments for Rent in Cannon Falls, MN and Nearby

As of January 25, 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 2 Bedroom 1.75 Bath + Fireplace Model at Voyageur Estates starting at $1,800 with a $1.72 price per square foot in the Glendale Heights neighborhood. Here is today’s list of the best values for Cannon Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mosaic Apartments3 Bedroom3BR,2BA$1.72
Voyageur Estates2 Bedroom 1.75 Bath + Fireplace2BR,1.75BA$1.72
Park Place ApartmentsG - View1BR,1BA$1.59
551 18th St E2 bedroom2BR,1BA$1.44
Maple Trails ApartmentsMT 2 BR SPLIT2BR,1BA$1.65
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.17
Northfield Estates2 Bedroom2BR,1BA$1.17
Riverview Manor1 BD 1 BA1BR,1BA$1.28
Town Center ApartmentsB21BR,1BA$1.72
Hidden Valley ApartmentsOne Bedroom/One Bath1BR,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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cannon Falls, MN Rentals by Map

View Map
Cannon Falls, MN Apartments Map
View Map
Cannon Falls, MN Rental Homes Map

Frequently Asked Questions about Cannon Falls

What type of rentals are currently available in Cannon Falls?

There are currently 53 Apartments for Rent in Cannon Falls, MN with pricing that ranges from $810 to $3,080. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cannon Falls ranging from $925 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 $925 to $3,600 with an average monthly rent of $2,285.

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 $1,725 to $3,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,950 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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.