Cheap Apartments for Rent in Falcon Heights, MN from $400 (109 Rentals)

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Search the lowest-cost Apartments available for rent right now in Falcon Heights.

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Carousel Flats
Studio to 1 Bedroom Apartments

Carousel Flats

1634 N Snelling AveFalcon Heights, MN 55108
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Larpenteur Villas
1 Bedroom Apartments

Larpenteur Villas

1504 Larpenteur Ave WFalcon Heights, MN 55113
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Falcon Arms
1 Bedroom Apartments

Falcon Arms

1697 Fry StFalcon Heights, MN 55113
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LarSnel Apartments
2 Bedroom Apartments

LarSnel Apartments

1472 Larpenteur Ave WFalcon Heights, MN 55113
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Larpenteur Crossing
2 Bedroom Apartments

Larpenteur Crossing

1845 Larpenteur Ave WFalcon Heights, MN 55113
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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.

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Skyline Tower
Studio to 2 Bedroom Apartments

Skyline Tower

1247 Saint Anthony AveSt. Paul, MN 55104
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535 Asbury
Studio Apartments

535 Asbury

535 Asbury StSt. Paul, MN 55104
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Marshall Studios
Studio Apartments

Marshall Studios

2086 Marshall AveSt. Paul, MN 55104
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Showing Results 1-50, Page 1 of 3

Falcon Heights, MN Local Guide

Cheapest Available Falcon Heights Apartments for Rent

 

The cheapest available apartment rental in Falcon Heights, MN is a 4 Beds unit found at The Quad on Delaware in the University Of Minnesota neighborhood priced from $640. Charles Flats in the St. Anthony neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Falcon Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$640
Charles FlatsStudioStudio,1BA$695
1693 Sherburne AveStudioStudio,1BA$750
Twelve22Two Bedroom - 30%2BR,1BA$785
535 AsburyStudioStudio,1BA$795
Iris Park ApartmentsStudio AnnexStudio,1BA$849
1598 Charles1 Bedroom 1 Bath - 1598 Charles1BR,1BA$850
2700 UniversityHill1BR,1BA$909
Centennial CommonsStudiosStudio,1BA$928
1610 Charles1 Bedroom 1 Bath - 1610 Charles1BR,1BA$949

Best Value Apartments for Rent in Falcon Heights, MN

As of June 21, 2025 the best value apartment in the Falcon Heights area is the $0.68 price per square foot 4 Beds, 2 baths Model at Marshall at Finn in the in the Macalester-Groveland neighborhood starting from $875. The second greatest value Falcon Heights apartment is the 449 Wheeler St N Model at 449 Wheeler St N, Unit B starting at $1,250 with a $1.19 price per square foot in the St. Anthony neighborhood. Here is today’s list of the best values for Falcon Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall at Finn4 Beds, 2 baths4BR,2BA$0.68
449 Wheeler St N, Unit B449 Wheeler St N2BR,1BA$1.19
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
The Pavilion on Berry Apartments2 Bedroom, 2 Bath Suite2BR,2BA$1.14
Lexlawn Apartments1 BR1BR,1BA$1.30
Dale Terrace1BR/1BA1BR,1BA$1.36
1610 Charles1 Bedroom 1 Bath - 1610 Charles1BR,1BA$1.27
Sheraton Place Apartments1 BR/ 1 BA1BR,1BA$1.38
535 AsburyStudioStudio ,1BA$1.18
1693 Sherburne AveStudioStudio ,1BA$1.36

Quick Rent Budget Calculator

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

Explore Falcon Heights, MN Rentals by Map

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See the most popular apartments and homes in Falcon Heights, MN

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Getting Around Falcon Heights, MN

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

3 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Falcon Heights Apartments

What is the Cheapest Studio apartment in Falcon Heights?

Currently the most affordable Cheap Studio Apartment in Falcon Heights is at Charles Flats listed at $695.

How much is rent for a Cheap One Bedroom Falcon Heights Apartment?

The lowest price for a Cheap One Bedroom Falcon Heights Apartment is $850 at 1598 Charles.

What is the lowest price for a Cheap Two Bedroom Falcon Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Falcon Heights is starting from $785 at Twelve22.

What is the most affordable Falcon Heights Three Bedroom Apartment?

The best deal on a cheap Falcon Heights Three Bedroom Apartment rental is at The Quad on Delaware and starts from $730.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.