
Cheap Homes for Rent in Falcon Heights, MN from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Falcon Heights.


619-625 Snelling Ave N

709 7th St SE

2026 Brewster St

761-763 Blair Ave

1088 Dayton Ave
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.

1510 Larpenteur Ave W, Unit 6

2111 Gordon Ave

2690 Oxford St N, Unit Cozy condo in Roseville, Unit Cozy condo in Roseville

2690 Oxford St N, Unit Apt 230

2700 Oxford St N, Unit 131, Unit 131

644 Thomas Ave W
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.
Falcon Heights, MN Local Guide

How much does it cost to rent a home in Falcon Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Falcon Heights 2 Bedroom Homes for Rent | $1,848 | $1,400 | $2,295 |
| Falcon Heights 3 Bedroom Homes for Rent | $2,396 | $1,700 | $2,995 |
| Falcon Heights 4 Bedroom Homes for Rent | $2,654 | $2,100 | $3,200 |
| Falcon Heights 5 Bedroom Homes for Rent | $3,231 | $2,675 | $4,100 |
| Falcon Heights 6 Bedroom Homes for Rent | $1,962 | $775 | $3,150 |
| Falcon Heights 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Falcon Heights
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Falcon Heights, MN Local Guide
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Cheapest Available Falcon Heights Apartments for Rent
 The cheapest available apartment rental in Falcon Heights, MN is a Studio unit found at Charles Flats in the St. Anthony neighborhood priced from $795. 535 Asbury in the Lexington-Hamline neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here is today’s list of the most affordable Falcon Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Charles Flats | Studio | Studio,1BA | $795 |
| 535 Asbury | Studio | Studio,1BA | $875 |
| 1598 Charles | 1 Bedroom 1 Bath - 1598 Charles | 1BR,1BA | $899 |
| 476 Herschel St. | 1 Bedroom | 1BR,1BA | $925 |
| Iris Park Apartments | Studio Annex | Studio,1BA | $929 |
Best Value Apartments for Rent in Falcon Heights, MN
As of May 26, 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 4B/2B Model at Marshall at Finn starting at $750 with a $0.58 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 |
| Marshall at Finn | 4B/2B | 4BR,2BA | $0.58 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Park Crossing Apartments | 2 bedroom apartments | 2BR,1BA | $1.39 |
| Marshall Suites Furnished Luxury Apartments | Luxury | 4BR,2BA | $0.65 |
| Amber Union | 2x1 | 2BR,1BA | $1.35 |
| Fry Street Station | 2 bedroom | 2BR,1BA | $1.15 |
| Lexlawn Apartments | 2 BR | 2BR,1BA | $1.32 |
| Accolade Minneapolis | B2 | 2BR,2BA | $1.40 |
| The Pavilion on Berry Apartments | 2 Bedroom, 2 Bath Suite | 2BR,2BA | $1.19 |
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.
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 Falcon Heights
What type of rentals are currently available in Falcon Heights?
There are currently 395 Apartments for Rent in Falcon Heights, MN with pricing that ranges from $500 to $5,000. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Falcon Heights ranging from $775 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 $775 to $5,600 with an average monthly rent of $2,811.
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 $3,668, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,100 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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