Cheap Homes for Rent in Falcon Heights, MN from $700 (19 Rentals)

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

property at 709 7th St SE

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

6 Bedroom, 3 Bath Home for Rent

Available Now

709 7th St SE

MinneapolisMN55414
property at 222 Otis Avenue

$1,110

Total Monthly Price

Total Monthly Price

Base Rent
$1,110

Total Monthly Price
$1,110

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

222 Otis Avenue

St. PaulMN55104

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2600 University Ave SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 18

2600 University Ave SE

MinneapolisMN55414
property at 2800 Hamline Ave N

$1,200 - $1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 To 2 Bedroom Rentals

Available Now

2800 Hamline Ave N

RosevilleMN55113
property at 2700 Oxford St N

$1,275

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Condo for Rent

Available Jul 15

2700 Oxford St N, Unit Roseville Condo

2700 Oxford St N
RosevilleMN55113
property at 761-763 Blair Ave

$1,323

Total Monthly Price

Total Monthly Price

Base Rent
$1,323

Total Monthly Price
$1,323

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 12

761-763 Blair Ave

St. PaulMN55104

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 644 Thomas Ave 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

644 Thomas Ave W

St. PaulMN55104
property at 1009 18th Ave SE

$1,425

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

1009 18th Ave SE

MinneapolisMN55414
property at 1008 26th Ave SE

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

1008 26th Ave SE

MinneapolisMN55414
property at 1041 Grand Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

1041 Grand Ave

St. PaulMN55105
property at 1010 16th Ave SE

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

3 Bedroom, 2 Bath Townhome for Rent

Available Sep 1

1010 16th Ave SE

MinneapolisMN55414

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.

Falcon Heights, MN Local Guide

Cheapest Available Falcon Heights Apartments for Rent

 

The cheapest available apartment rental in Falcon Heights, MN is a 2 Beds unit found at Iris Park Apartments in the St. Anthony neighborhood priced from $720. Charles Flats in the St. Anthony neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Falcon Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Iris Park Apartments2 Bedroom2BR,1BA$720
Charles FlatsStudioStudio,1BA$795
535 AsburyStudioStudio,1BA$875
1598 Charles1 Bedroom 1 Bath - 1598 Charles1BR,1BA$899
476 Herschel St.1 Bedroom1BR,1BA$899

Best Value Apartments for Rent in Falcon Heights, MN

As of July 10, 2026 the best value apartment in the Falcon Heights area is the $1.00 price per square foot 1871 Carroll Ave Model at 1871 Carroll Ave, Unit 1871 Carroll Ave in the in the Lexington-Hamline neighborhood starting from $2,200. The second greatest value Falcon Heights apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $776 with a $0.52 price per square foot in the University Of Minnesota 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.
1871 Carroll Ave, Unit 1871 Carroll Ave1871 Carroll Ave4BR,1BA$1.00
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
Marshall at Finn4B/2B4BR,2BA$0.58
University VillageLarge 2B2B - Private2BR,2BA$0.88
Park Crossing Apartments2 bedroom apartments2BR,1BA$1.39
Marshall Suites Furnished Luxury ApartmentsLuxury4BR,2BA$0.65
Amber Union2x12BR,1BA$1.35
Fry Street Station2 bedroom2BR,1BA$1.15
The Pavilion on Berry Apartments2 Bedroom, 2 Bath Suite2BR,2BA$1.14
535 AsburyStudioStudio ,1BA$1.30

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.

Read Article
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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.

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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 Falcon Heights

What type of rentals are currently available in Falcon Heights?

There are currently 401 Apartments for Rent in Falcon Heights, MN with pricing that ranges from $580 to $5,000. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Falcon Heights ranging from $745 to $5,600.

What is the current price range for Rental Homes in Falcon Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Falcon Heights ranges from $745 to $5,600 with an average monthly rent of $2,671.

How much are larger Three and Four Bedroom Rentals in Falcon Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Falcon Heights range from $739 to $3,558, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $649.

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

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.