Cheap Homes for Rent in Cannon Falls, MN from $1,000 (6 Rentals)

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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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Cannon Falls, MN Local Guide

Cheapest Available Cannon Falls Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cannon Falls, MN is a 1 Bed unit found at Woodridge Apartments in the Green Meadows neighborhood priced from $900. River Ridge Apartments in the Dakota Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $910. Here is today’s list of the most affordable Cannon Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$900
River Ridge Apartments2 bed/1bath2BR,1BA$910
Northfield EstatesCOMING SOON2BR,1BA$935

Best Value Apartments for Rent in Cannon Falls, MN and Nearby

As of May 15, 2025 the best value apartment in the Cannon Falls area is the $1.54 price per square foot 3 Bedroom 2 Bath + Fireplace Model at Voyageur Estates in the in the Dakota Hills neighborhood starting from $1,980. The second greatest value Cannon Falls apartment is the Dimpsy Model at Croft at Rosecott starting at $1,980 with a $1.58 price per square foot in the Glendalough neighborhood. Here is today’s list of the best values for Cannon Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Voyageur Estates3 Bedroom 2 Bath + Fireplace3BR,1.75BA$1.54
Croft at RosecottDimpsy3BR,2BA$1.58
Hidden Valley Apartments** COMING SOON **2BR,1BA$1.10
River Ridge Apartments2 bed/1bath2BR,1BA$1.01
551 18th St E2 bedroom2BR,1BA$1.44
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
Northfield EstatesCOMING SOON2BR,1BA$1.17
Stonehouse ApartmentsOne Bedroom1BR,1BA$1.39
Westview Village Apartments1 Bedroom1BR,1BA$1.45
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$1.34

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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Frequently Asked Questions about Cannon Falls

What type of rentals are currently available in Cannon Falls?

There are currently 49 Apartments for Rent in Cannon Falls, MN with pricing that ranges from $900 to $3,694. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cannon Falls ranging from $1,095 to $4,199.

What is the current price range for Rental Homes in Cannon Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cannon Falls ranges from $1,095 to $4,199 with an average monthly rent of $2,255.

How much are larger Three and Four Bedroom Rentals in Cannon Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cannon Falls range from $1,695 to $3,102, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,799 and Four Bedroom Apartments start at $2,500.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.