Average Rent in Falcon Heights MN
1 apartment buildings, 14 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$1,359/mo
market average
Cheapest
$999/mo
Amber Union
Properties
1
tracked daily
Units
14
available now
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Falcon Heights MN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Falcon Heights MN Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From ▼ | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Amber Union 1667 Snelling Ave N, Falcon Heights, MN 55108, USA | $999 | $1,359 | $1.64 | 3.8 | 14 |
Explore Each Property
Falcon Heights MN Average Rent Prices 2026
The average rent in Falcon Heights MN is $1,359 per month, based on 14 units across 1 apartment communities. Prices range from $999 at Amber Union to $999 at Amber Union.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $999/mo | $999/mo | 2 |
| 2 Bed | $1,357/mo | $1,299/mo | 10 |
| 3 Bed | $1,634/mo | $1,634/mo | 1 |
| 4 Bed | $1,816/mo | $1,816/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Falcon Heights MN, and what they pay
Tracked tracked rent in Falcon Heights MN averages $1,359/mo. At the local median household income of $93,233, that works out to 17% of gross income — well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Falcon Heights MN at $1,200/mo. The current tracked market average runs 13% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Falcon Heights MN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Falcon Heights MN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$54,000/year
30 percent rule — using our average rent of $1,359/mo.
Comfortable income
$65,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($999/mo), you need to earn at least $40,000/year.
Median household income in Falcon Heights MN is $93,233 — about 43% above the comfortable-living threshold.
Cost of living in Falcon Heights MN
Overall prices in Falcon Heights MN runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Falcon Heights MN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,359 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $4,963/mo |
Population
5,145
Median household income
$93,233
Census median rent
$1,200/mo
Rent as % of income
30.8%
Median age
35.8
Mean commute
23 min
Methodology
† Rent data is sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living estimates for utilities, groceries, transportation, healthcare, and other goods and services combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures (median household income, population, median age, commute time, Census median rent, rent as percentage of income) come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Rent Trends in Falcon Heights MN
Track how apartment prices are changing over time.
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