Cheap Apartments for Rent in Falcon Heights, MN from $400 (114 Rentals)

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Search the lowest-cost Apartments available for rent right now in Falcon Heights.

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Carousel Flats
Studio to 1 Bedroom Apartments

Carousel Flats

1634 N Snelling AveFalcon Heights, MN 55108
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Larpenteur Villas
1 Bedroom Apartments

Larpenteur Villas

1504 Larpenteur Ave WFalcon Heights, MN 55113
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Falcon Arms
1 Bedroom Apartments

Falcon Arms

1697 Fry StFalcon Heights, MN 55113
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LarSnel Apartments
2 Bedroom Apartments

LarSnel Apartments

1472 Larpenteur Ave WFalcon Heights, MN 55113
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Larpenteur Crossing
2 Bedroom Apartments

Larpenteur Crossing

1845 Larpenteur Ave WFalcon Heights, MN 55113
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Falcon Heights

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Skyline Tower
Studio to 2 Bedroom Apartments

Skyline Tower

1247 Saint Anthony AveSt. Paul, MN 55104
Showing Results 1-50, Page 1 of 3

Falcon Heights, MN Local Guide

Cheapest Available Falcon Heights Apartments for Rent

 

The cheapest available apartment rental in Falcon Heights, MN is a 4 Beds unit found at The Quad on Delaware in the Elliot Park neighborhood priced from $620. Charles Flats in the St. Anthony neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Falcon Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
Charles FlatsStudioStudio,1BA$695
1693 Sherburne AveStudioStudio,1BA$750
Twelve22Two Bedroom - 30%2BR,1BA$785
535 AsburyStudioStudio,1BA$795
1137-1139 University Ave West1 Bedroom1BR,1BA$799
Iris Park ApartmentsStudio AnnexStudio,1BA$849
Amber UnionStudioStudio,1BA$899
476 Herschel St.1 Bedroom1BR,1BA$899
Centennial CommonsStudiosStudio,1BA$928

Best Value Apartments for Rent in Falcon Heights, MN

As of April 09, 2025 the best value apartment in the Falcon Heights area is the $1.40 price per square foot 3rd Floor 2 Bedroom w/balcony Model at Rose Mall Apartments in the starting from $1,400. The second greatest value Falcon Heights apartment is the 2 bedroom Model at Fry Street Station starting at $1,259 with a $1.33 price per square foot in the St. Anthony neighborhood. Here is today’s list of the best values for Falcon Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rose Mall Apartments3rd Floor 2 Bedroom w/balcony2BR,1BA$1.40
Fry Street Station2 bedroom2BR,1BA$1.33
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
The Pavilion on Berry Apartments2 Bedroom, 2 Bath2BR,2BA$1.14
Roseville Terrace1 BR1BR,1BA$1.41
Rose HillOne Bedroom1BR,1BA$1.40
John Snell ApartmentsA1BR,1.5BA$1.36
535 AsburyStudioStudio ,1BA$1.18
1137-1139 University Ave West1 Bedroom1BR,1BA$1.31
1693 Sherburne AveStudioStudio ,1BA$1.36

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Falcon Heights, MN Rentals by Map

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See the most popular apartments and homes in Falcon Heights, MN

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Getting Around Falcon Heights, MN

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

3 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Falcon Heights Apartments

What is the Cheapest Studio apartment in Falcon Heights?

Currently the most affordable Cheap Studio Apartment in Falcon Heights is at Charles Flats listed at $695.

How much is rent for a Cheap One Bedroom Falcon Heights Apartment?

The lowest price for a Cheap One Bedroom Falcon Heights Apartment is $799 at 1137-1139 University Ave West.

What is the lowest price for a Cheap Two Bedroom Falcon Heights Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Falcon Heights is starting from $785 at Twelve22.

What is the most affordable Falcon Heights Three Bedroom Apartment?

The best deal on a cheap Falcon Heights Three Bedroom Apartment rental is at The Quad on Delaware and starts from $720.

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 A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.