Cheap Apartments for Rent in Falcon Heights, MN from $500 (194 Rentals)

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

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Carousel Flats
$986
Total Monthly Price

Total Monthly Price

Base Rent
$970
Required Monthly Fees
$16

Total Monthly Price
$986
Studio Apartments Available Oct 16

Carousel Flats

1634 N Snelling AveFalcon Heights, MN 55108
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Falcon Arms
Rent Specials
$1,262 - $1,292
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,245 - $1,275
Required Monthly Fees
$17

Total Monthly Price
$1,262 - $1,292
2 Bedroom Apartments Available Soon

Falcon Arms

1697 Fry StFalcon Heights, MN 55113
Student Housing
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LarSnel Apartments
1 to 2 Bedroom Apartments

LarSnel Apartments

1472 Larpenteur Ave WFalcon Heights, MN 55113
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Larpenteur Terrace
1 to 2 Bedroom Apartments

Larpenteur Terrace

1504 Larpenteur Ave WFalcon Heights, MN 55113
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Larpenteur Crossing
1 to 2 Bedroom Apartments

Larpenteur Crossing

1845 Larpenteur Ave WFalcon Heights, MN 55113
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

property at 474 Herschel St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

Studio, 1 Bath Home for Rent

Available Now

474 Herschel St

St. PaulMN55104
property at 474 N Herschel St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Nov 1

474 N Herschel St

St. PaulMN55104
property at 483 W Lynnhurst Ave

$899 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

1 Bedroom Rentals

Available Now

483 W Lynnhurst Ave

St. PaulMN55104
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Sienna Green Apartments
Rent Specials
$955 - $1,678
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$955 - $1,678

Total Monthly Price
$955 - $1,678
1 to 3 Bedroom Apartments Available Now

Sienna Green Apartments

2275 Snelling Ave NRoseville, MN 55113
Eco-Friendly
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Rose Park Commons
$975 - $1,045
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,045

Total Monthly Price
Varies
1 Bedroom Apartments Available Sep 1

Rose Park Commons

1634 Eldridge Ave WRoseville, MN 55113
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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.

property at 468 N Herschel St

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999

1 Bedroom, 1 Bath Home for Rent

Available Now

468 N Herschel St

St. PaulMN55104
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Amber Union
$999 - $1,816
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,816

Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Amber Union

1667 Snelling Ave NSt. Paul, MN 55108
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Sheraton Place Apartments
$1,007 - $1,557
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,549
Required Monthly Fees
$8

Total Monthly Price
$1,007 - $1,557
Studio to 2 Bedroom Apartments Available Now

Sheraton Place Apartments

565 Aldine StSt. Paul, MN 55104
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property at 1642 Eustis St

$1,015

Total Monthly Price

Total Monthly Price

Base Rent
$1,015

Total Monthly Price
$1,015

1 Bedroom, 1 Bath Home for Rent

Available Now

1642 Eustis St

LauderdaleMN55108
property at 1757 Thomas Ave W

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Home for Rent

Available Now

1757 Thomas Ave W

St. PaulMN55104

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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California Drive
$1,032 - $1,231
Total Monthly Price

Total Monthly Price

Base Rent
$996 - $1,195
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Oct 5

California Drive

1203 California DrSt. Paul, MN 55108
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Alden Park Apartments
$1,061
Total Monthly Price

Total Monthly Price

Base Rent
$1,040
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

Alden Park Apartments

2044 Brewster StSt. Paul, MN 55108
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Minnehaha Apartments
Rent Specials
$1,096 - $1,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,360
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Minnehaha Apartments

1625 Minnehaha AveSt. Paul, MN 55104
Student Housing
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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.

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Rose Vista Apartments
Rent Specials
$1,145 - $2,055
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,141 - $2,051
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Rose Vista Apartments

1223 Rose Vista CtRoseville, MN 55113
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730 Fairview Ave N
$1,147 - $1,264
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,112 - $1,229
Required Monthly Fees
$35

Total Monthly Price
$1,147 - $1,264
1 Bedroom Apartments Available Sep 1

730 Fairview Ave N

730 Fairview Ave NSt. Paul, MN 55104
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1759 Pleasant St, Unit 1
$1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195
1 Bedroom Apartment Available Now

1759 Pleasant St, Unit 1

1759 Pleasant StLauderdale, MN 55113
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property at 3153 Old Hwy 8

$1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

1 Bedroom, 1 Bath Home for Rent

Available Now

3153 Old Hwy 8

MinneapolisMN55418
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Flats at Malcolm Yards
Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,201 - $1,735
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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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.

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 Marshall Suites Furnished Luxury Apartments in the Macalester-Groveland neighborhood priced from $650. Twelve22 in the Hamline-Midway neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $785. Here is today’s list of the most affordable Falcon Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marshall Suites Furnished Luxury ApartmentsLuxury4BR,2BA$650
Twelve22Two Bedroom - 30%2BR,1BA$785
Charles FlatsStudioStudio,1BA$795
1552 Edmund Ave1BR/1.0BA1BR,1BA$825
535 AsburyStudioStudio,1BA$875
1598 Charles1 Bedroom 1 Bath - 1598 Charles1BR,1BA$899
476 Herschel St.1 Bedroom1BR,1BA$899
Nordic CourtStudioStudio,1BA$950
451 Fairview Ave NStudioStudio,1BA$954
Clemar ApartmentsStudioStudio,1BA$975

Best Value Apartments for Rent in Falcon Heights, MN

As of August 24, 2026 the best value apartment in the Falcon Heights area is the $0.52 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $776. The second greatest value Falcon Heights apartment is the 1528 Iglehart AVe Model at 1528 Iglehart AVe, Unit 3 starting at $1,799 with a $1.39 price per square foot in the Macalester-Groveland 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.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
1528 Iglehart AVe, Unit 31528 Iglehart AVe3BR,1BA$1.39
University VillageLarge 2B2B - Private2BR,2BA$0.88
Park Crossing Apartments2 bedroom apartments2BR,1BA$1.39
Lexington Court2BR/1BA2BR,1BA$1.26
Marshall Suites Furnished Luxury ApartmentsLuxury4BR,2BA$0.65
Amber Union2x12BR,1BA$1.35
The Pavilion on Berry Apartments2 Bedroom, 2 Bath Suite2BR,2BA$1.14
535 AsburyStudioStudio ,1BA$1.30
1552 Edmund Ave1BR/1.0BA1BR,1BA$1.38

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.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real 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.

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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.

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Pet Friendly Lifestyle
Falcon Heights, MN

Ranked #12

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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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 $795.

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

The lowest price for a Cheap One Bedroom Falcon Heights Apartment is $825 at 1552 Edmund Ave.

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 Harbor at Twin Lakes 55+ Apartments and starts from $1,657.

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.

Helpful Local Expert Guides

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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.