
Cheap Homes for Rent in Falcon Heights, MN from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Falcon Heights.


709 7th St SE

2026 Brewster St

2026 Brewster St

1510 Larpenteur Ave W, Unit 4

222 Otis Avenue
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.

1402 Thomas Ave W, Unit lower

2600 University Ave SE

1363 County B Rd W, Unit 1 Bedroom

2800 Hamline Ave N

2700 Oxford St N, Unit Roseville Condo

761-763 Blair Ave
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.

644 Thomas Ave W

1009 18th Ave SE

1008 26th Ave SE

1041 Grand Ave

1010 16th Ave SE

1690 MN-36, Unit Apt 226
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.

6 Barton Ave SE
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 | $1,688 | $1,323 | $2,350 |
| Falcon Heights 3 Bedroom Homes for Rent | $2,170 | $1,450 | $3,000 |
| Falcon Heights 4 Bedroom Homes for Rent | $2,651 | $2,050 | $3,000 |
| Falcon Heights 5 Bedroom Homes for Rent | $2,725 | $2,500 | $3,100 |
| Falcon Heights 6 Bedroom Homes for Rent | $2,475 | $775 | $3,500 |
| 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Iris Park Apartments | 2 Bedroom | 2BR,1BA | $720 |
| 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 | $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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1871 Carroll Ave, Unit 1871 Carroll Ave | 1871 Carroll Ave | 4BR,1BA | $1.00 |
| 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 |
| The Pavilion on Berry Apartments | 2 Bedroom, 2 Bath Suite | 2BR,2BA | $1.14 |
| 535 Asbury | Studio | Studio ,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.
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!
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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 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

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.

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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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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.
Articles, How-To's, and Tips

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.

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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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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.