Rentometer, Inc. | Data as of 10/23/2025
Falcon Heights offers a vibrant rental market within a close‑knit city setting in Minnesota. Residents enjoy easy access to the renowned Minnesota State Fairgrounds, the University of Minnesota campus, and a host of cultural attractions such as the Falcon Heights Arts Center and nearby lakes for outdoor recreation. The city’s well‑established neighborhoods, including the historic Rose Avenue district and the newer Kennedy Park area, provide a mix of tranquil streets and lively community hubs, making Falcon Heights an appealing choice for students, professionals, and families alike.
Apartment living dominates the local market, with a diverse range of unit sizes to match varying lifestyle needs. Studio apartments are generally priced in the $1000‑$1100 range, while one‑bedroom options typically fall in the $1200 bracket. Larger two‑ and three‑bedroom apartments command rates in the $1650‑$1800 bracket, reflecting the city’s high‑quality amenities and desirable location. Modern complexes often feature updated kitchens, in‑unit laundry, and convenient access to public transit routes that connect riders to downtown St. Paul and the Twin Cities.
Beyond the housing options, Falcon Heights boasts an array of community amenities that enhance the rental experience. Green spaces such as Centennial Park and the nearby Minnesota River trail provide ample opportunities for walking, biking, and family outings. Local eateries, boutique shops, and seasonal events contribute to a welcoming atmosphere that residents proudly call home. Whether seeking a compact studio or a spacious three‑bedroom retreat, renters will find Falcon Heights a dynamic and comfortable place to settle.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,080 | $1,018 | $899 - $1,385 | $987 - $1,385 |
Apartment | 1 Bedroom | $1,276 | $1,187 | $1,113 - $1,699 | $1,180 - $1,300 |
Apartment | 2 Bedroom | $1,690 | $1,600 | $1,199 - $2,385 | $1,419 - $1,700 |
Apartment | 3 Bedroom | $1,782 | $1,664 | $1,534 - $2,325 | $1,534 - $1,975 |
In the current period, the average rent in Falcon Heights was
$1,080 for Studio,
$1,277 for 1 Bedroom,
$1,691 for 2 Bedroom, and
$1,783 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.