Cheap Apartments for Rent in the Falcon Ridge Neighborhood of Inver Grove Heights, MN from $600 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Falcon Ridge area of Inver Grove Heights.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Degrio Apartments
2 Bedroom Apartments

Degrio Apartments

7361-7375 Degrio WayInver Grove Heights, MN 55076
  • Utilities Included
  • Smoke Free
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3220 81st St E
1 to 3 Bedroom Apartments

3220 81st St E

3220 81st St EInver Grove Heights, MN 55076

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Pioneer Apartments
1 to 2 Bedroom Apartments

Pioneer Apartments

900 3rd StSt. Paul Park, MN 55071
Senior Living
  • Utilities Included
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1104-1108 5th St
1 to 2 Bedroom Apartments

1104-1108 5th St

1104-1108 5th StSt. Paul Park, MN 55071
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1237 4th St
1 Bedroom Apartments

1237 4th St

1237 4th StSt. Paul Park, MN 55071

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Falcon Ridge, Inver Grove Heights, MN Local Guide

Cheapest Available Falcon Ridge Apartments for Rent

 

The cheapest available apartment rental in the Falcon Ridge area of Minneapolis, MN is a 2 Beds unit found at Park Place I Apartments priced from $844. Woodland Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here are the most affordable Falcon Ridge apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$844
Woodland Park Apartments1 Bedroom 1 bathroom1BR,1BA$989
The Commons2BR/1BA2BR,1BA$1,475

Best Value Apartments for Rent in Falcon Ridge, MN

As of May 14, 2025 the best value apartment in the Falcon Ridge area is the $1.42 price per square foot 1132 2nd Street Model at 1132 2nd Street in the in the Pinecliff neighborhood starting from $1,345. The second greatest value Falcon Ridge apartment is the 2BR/1BA Model at The Commons starting at $1,475 with a $1.69 price per square foot in the Cahill Corridor neighborhood. Here is today’s list of the best values for Falcon Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1132 2nd Street1132 2nd Street2BR,1BA$1.42
The Commons2BR/1BA2BR,1BA$1.69
Woodland Park Apartments1 Bedroom 1 bathroom1BR,1BA$1.30
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$1.28

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Falcon Ridge, Inver Grove Heights, MN

Ranked #7

Among neighborhoods in Inver Grove Heights, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Falcon Ridge Apartments

What types of apartments are the cheapest in Falcon Ridge?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Falcon Ridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.