Rentometer, Inc. | Data as of 10/22/2025
Cannon Falls offers a welcoming small‑city vibe while providing a diverse range of rental options that appeal to professionals, families, and students alike. The local rental market is anchored by a solid selection of apartments, with studio units typically priced in the $1000s and one‑bedroom apartments often found in the $1200 range. Larger two‑bedroom apartments tend toward the $1500 range, reflecting the city’s balance of affordability and quality housing. Whether you’re seeking a cozy studio near the vibrant downtown district or a spacious two‑bedroom with easy access to the Cannon River trail system, the city’s rental inventory accommodates a variety of lifestyle needs.
The historic downtown area is a hub of activity, featuring charming boutiques, local eateries, and seasonal festivals that contribute to Cannon Falls’ strong sense of community. Proximity to outdoor attractions such as the Great River Bluffs State Park and the scenic Cannon River makes it an ideal location for those who enjoy recreation alongside urban convenience. Residents also benefit from convenient commutes to the Twin Cities, thanks to well‑maintained roadways and nearby transit options.
By blending historic character with modern amenities, Cannon Falls continues to attract renters looking for a tight‑knit community without sacrificing access to cultural and natural attractions. The city’s rental market remains stable and inviting, offering a range of apartment choices that suit both short‑term stays and long‑term home settings.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,071 | $1,055 | $1,000 - $1,160 | $1,000 - $1,160 |
| Apartment | 1 Bedroom | $1,200 | $1,250 | $1,040 - $1,310 | $1,040 - $1,310 |
| Apartment | 2 Bedroom | $1,483 | $1,557 | $1,150 - $1,670 | $1,495 - $1,670 |
In the current period, the average rent in Cannon Falls was $1,072 for Studio, $1,200 for 1 Bedroom, and $1,484 for 2 Bedroom.
Data provided by Rentometer, Inc.