
Cheap Apartments for Rent in the Falcon Ridge Neighborhood of Inver Grove Heights, MN from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Falcon Ridge area of Inver Grove Heights.


Monument Ridge Estates

Degrio Apartments

3126-3136 78th St E

3114-3124 78th St E
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.

3102-3112 78th St E

3205-3225 78th St E

3251-3265 78th St E

3220 81st St E

Park Place I Apartments
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.

Ashland Apartments and Commercial Space

1104-1108 5th St

1237 4th St

1245 4th St

1116 5th St
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.

Pioneer Apartments

Park Place II Apartments
Falcon Ridge, Inver Grove Heights, MN Local Guide

How much does it cost to rent an apartment in Falcon Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Falcon Ridge 1 Bedroom Apartments | $1,447 | $1,379 | $1,479 |
| Falcon Ridge 2 Bedroom Apartments | $1,628 | $1,395 | $1,979 |
| Falcon Ridge 3 Bedroom Apartments | $2,034 | $1,799 | $2,269 |
| Falcon Ridge 4 Bedroom Apartments | $2,199 | $2,199 | $2,199 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Falcon Ridge Neighborhood of Inver Grove Heights, MN.
See all Apartments in Inver Grove HeightsExplore Inver Grove Heights
Falcon Ridge, Inver Grove Heights, MN Local Guide
- Nearby Inver Grove Heights neighborhoods
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Cheapest Available Falcon Ridge Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Ridge Estates | Avalon | 1BR,1BA | $1,469 |
| The Commons | The Commons-2-1-900-Loft | 2BR,1BA | $1,559 |
Best Value Apartments for Rent in Falcon Ridge, MN
As of June 19, 2026 the best value apartment in the Falcon Ridge area is the $1.47 price per square foot 1136 2nd Street Model at 1136 2nd Street, Unit 1136 in the in the Silverwood neighborhood starting from $1,395. The second greatest value Falcon Ridge apartment is the The Commons-2-1-900-Loft Model at The Commons starting at $1,559 with a $1.73 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1136 2nd Street, Unit 1136 | 1136 2nd Street | 2BR,1BA | $1.47 |
| The Commons | The Commons-2-1-900-Loft | 2BR,1BA | $1.73 |
| Monument Ridge Estates | Avalon | 1BR,1BA | $1.75 |
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 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 Ridge, Inver Grove Heights, MN
Ranked #9
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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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 Insiders Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.