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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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.

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Falcon Heights - One of the Best Affordable Neighborhoods in Minneapolis

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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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
Iris Park ApartmentsStudio AnnexStudio,1BA$849
476 Herschel St.1 Bedroom1BR,1BA$899
Centennial CommonsStudiosStudio,1BA$928
Sienna Green Apartments1 Bedroom1BR,1BA$955

Best Value Apartments for Rent in Falcon Heights, MN

As of April 29, 2025 the best value apartment in the Falcon Heights area is the $1.39 price per square foot 2 bedroom apartments Model at Park Crossing Apartments in the in the St. Anthony neighborhood starting from $1,534. The second greatest value Falcon Heights apartment is the 3rd Floor 2 Bedroom w/balcony Model at Rose Mall Apartments starting at $1,400 with a $1.40 price per square foot . 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.
Park Crossing Apartments2 bedroom apartments2BR,1BA$1.39
Rose Mall Apartments3rd Floor 2 Bedroom w/balcony2BR,1BA$1.40
Rosewood Village2x22BR,2BA$1.40
Lauderdale HollowsTwo Bedroom/One Bath2BR,1BA$1.38
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
The Pavilion on Berry Apartments2 Bedroom, 2 Bath2BR,2BA$1.14
Rose HillOne Bedroom1BR,1BA$1.40
John Snell ApartmentsA1BR,1.5BA$1.40
535 AsburyStudioStudio ,1BA$1.18
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 $895 at Charles Flats.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.