
Cheap Apartments for Rent in Falcon Heights, MN from $500 (194 Rentals)
Search the lowest-cost Apartments available for rent right now in Falcon Heights.


Falcon Heights Town Square Senior Apartments

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Falcon Arms

Falcon Heights Town Square Apartments

LarSnel Apartments

Larpenteur Terrace

Larpenteur Crossing

619-625 Snelling Ave N

619-625 Snelling Ave N

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1027 18th Ave SE
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.

Marshall Suites Furnished Luxury Apartments

Twelve22

1984 Marshall Ave

Charles Flats

474 Herschel St

474 N Herschel St

483 W Lynnhurst Ave

Nordic Court

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Sienna Green Apartments

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Rose Park Commons
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.

Clemar Apartments

Crossroads Apartments

2026 Brewster St

2026 Brewster St

468 N Herschel St

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Amber Union

1913 Carroll Ave, Unit 4

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Sheraton Place Apartments

1642 Eustis St

1757 Thomas Ave W
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

Saint Anthony Park Apartments

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Alden Park Apartments

Dale Terrace

1605 Marshall Ave

Lauderdale Hollows

Carroll Court Apartments

Rose Hill

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Minnehaha Apartments

Hampden Square Apts and Townhomes
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.

MODA on Raymond

Centennial Commons

The Pitch Apartments

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Rose Vista Apartments

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730 Fairview Ave N

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Priscilla Standish Apartments

The Lucy

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1759 Pleasant St, Unit 1

3153 Old Hwy 8

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Flats at Malcolm Yards
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

How much does it cost to rent an apartment in Falcon Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Falcon Heights Studio Apartments | $1,328 | $795 | $1,758 |
| Cheap Falcon Heights 1 Bedroom Apartments | $1,467 | $500 | $2,567 |
| Cheap Falcon Heights 2 Bedroom Apartments | $1,839 | $630 | $5,000 |
| Cheap Falcon Heights 3 Bedroom Apartments | $2,177 | $739 | $3,403 |
| Cheap Falcon Heights 4 Bedroom Apartments | $2,400 | $649 | $3,200 |
Browse Top Apartments in Falcon Heights
See all Apartments in Falcon HeightsExplore Falcon Heights
Falcon Heights, MN Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marshall Suites Furnished Luxury Apartments | Luxury | 4BR,2BA | $650 |
| Twelve22 | Two Bedroom - 30% | 2BR,1BA | $785 |
| Charles Flats | Studio | Studio,1BA | $795 |
| 1552 Edmund Ave | 1BR/1.0BA | 1BR,1BA | $825 |
| 535 Asbury | Studio | Studio,1BA | $875 |
| 1598 Charles | 1 Bedroom 1 Bath - 1598 Charles | 1BR,1BA | $899 |
| 476 Herschel St. | 1 Bedroom | 1BR,1BA | $899 |
| Nordic Court | Studio | Studio,1BA | $950 |
| 451 Fairview Ave N | Studio | Studio,1BA | $954 |
| Clemar Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| 1528 Iglehart AVe, Unit 3 | 1528 Iglehart AVe | 3BR,1BA | $1.39 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Park Crossing Apartments | 2 bedroom apartments | 2BR,1BA | $1.39 |
| Lexington Court | 2BR/1BA | 2BR,1BA | $1.26 |
| Marshall Suites Furnished Luxury Apartments | Luxury | 4BR,2BA | $0.65 |
| Amber Union | 2x1 | 2BR,1BA | $1.35 |
| The Pavilion on Berry Apartments | 2 Bedroom, 2 Bath Suite | 2BR,2BA | $1.14 |
| 535 Asbury | Studio | Studio ,1BA | $1.30 |
| 1552 Edmund Ave | 1BR/1.0BA | 1BR,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.
Read ArticleEnjoy 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.
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.
Pet Friendly LifestyleFalcon Heights, MN
Ranked #12
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Falcon Heights, MN Rentals by Map
See the most popular apartments and homes in Falcon Heights, MN
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

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.

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.

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.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
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.
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.

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.

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.