Falcon Heights, MN Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Falcon Heights is $1,499, a 3.55% increase compared to the previous year, when the average rent was $1,448.
Studio Apartments at $1,260 offer the most budget-friendly option with 583 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 768 square feet for $1,311, balancing privacy and affordability.
Two-beedroom units at $1,688 offer 1,009 square feet, perfect for roommates or small families.
Average rent in Falcon Heights, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,499 | 880 sq. ft. |
| Studio | $1,260 | 583 sq. ft. |
| 1 Bed | $1,311 | 768 sq. ft. |
| 2 Beds | $1,688 | 1,009 sq. ft. |
| 3 Beds | n/a | n/a |
Falcon Heights, MN rent trends
Rental prices in Falcon Heights, MN have increased by 3.55% over the past year. The average rent moved from $1,448 to $1,499.
What's the typical rent budget in Falcon Heights, MN?
The largest share of rentals in Falcon Heights, MN (61%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Falcon Heights, MN?
836 or 41% of the households in Falcon Heights, MN are renter-occupied while 1,205 or 59% are owner-occupied.
How Falcon Heights Compares to Other Cities
| City | Average Rent |
|---|---|
| Falcon Heights | $1,499 |
| Minneapolis | $1,674 |
| St. Paul | $1,512 |
| Moorhead | $1,074 |
| Rochester | $1,651 |
| Bloomington | $1,652 |
| St. Cloud | $1,155 |
| Mankato | $1,392 |
| St. Louis Park | $1,780 |
| Edina | $1,841 |
| Minnetonka | $1,923 |
| Woodbury | $2,140 |
| Plymouth, MN | $1,685 |
| Maplewood | $1,456 |
| Burnsville | $1,569 |
| Eagan | $1,693 |
| Eden Prairie | $1,765 |
| Coon Rapids | $1,451 |
| Roseville | $1,443 |
| Hopkins, MN | $1,575 |
| West St. Paul | $1,319 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Falcon Heights apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.