Last updated July 23, 2026

Average Rent in Falcon Heights 55108 & Rent Trends

Rent prices and market trends across 1 apartment community in Falcon Heights 55108, Falcon Heights, MN. Updated daily.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,397/mo

Lowest Available

$999/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Falcon Heights 55108 vs Falcon Heights, MN Average

Falcon Heights 55108 is the same price as the Falcon Heights, MN average . The citywide average is $1,397/mo across all neighborhoods.

Is Rent Going Up or Down in Falcon Heights 55108?

As of July 2026, the average rent in Falcon Heights 55108 is $1,397 per month across 1 apartment community and 16 available units.

The most affordable option is Amber Union starting at $999/mo. By unit type, a studio averages $999/mo, a 1-bedroom averages $1,187/mo, a 2-bedroom averages $1,390/mo, a 3-bedroom averages $1,634/mo, a 4-bedroom averages $1,816/mo.

Prices range from $999 to $1,816 per month. The most common price point is the $1,400 range, where 6 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Falcon Heights 55108

Studio

$999

from $999 · 2 units

1 Bed

$1,187

from $1,187 · 1 units

2 Bed

$1,390

from $1,295 · 10 units

3 Bed

$1,634

from $1,634 · 1 units

4 Bed

$1,816

from $1,816 · 2 units

Rent Prices by Apartment in Falcon Heights 55108

Property	Starting at	Average	Units	Rating
Amber Union	$999/mo	$1,397/mo	16	3.8

Frequently Asked Questions About Rent in Falcon Heights 55108

What is the average rent in Falcon Heights 55108?

The average rent in Falcon Heights 55108 is $1,397 per month as of July 2026, based on 16 units across 1 apartment communities.

Is rent going up or down in Falcon Heights 55108?

The current average rent in Falcon Heights 55108 is $1,397/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Falcon Heights 55108?

The most affordable apartment in Falcon Heights 55108 is Amber Union with units starting at $999/mo.

How much is a 1-bedroom apartment in Falcon Heights 55108?

A 1-bedroom apartment in Falcon Heights 55108 averages $1,187/mo, with prices starting at $1,187/mo across 1 available units.

How many apartments are available in Falcon Heights 55108?

There are 16 units available across 1 apartment communities in Falcon Heights 55108.

What salary do I need to live comfortably in Falcon Heights 55108?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$56,000/year

Based on the 30 percent rule, using our tracked average rent of $1,397/mo.

Comfortable income

$67,000/year

Based on the 25 percent rule, leaving 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 55108 is $93,233 , about 39% above the comfortable-living threshold.

Cost of living in Falcon Heights 55108

Overall prices in Falcon Heights 55108 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 55108's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,397	daily refresh
Utilities	$474	BLS × BEA RPP
Groceries	$565	BLS × BEA RPP
Transportation	$1,131	BLS × BEA RPP
Healthcare	$552	BLS × BEA RPP
Other goods and services	$882	BLS × BEA RPP
Estimated total	$5,001/mo	$60,006/year

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

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 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, and 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.

Minnesota Rent Trends

Compare rent across all Minnesota cities

Explore Falcon Heights, MN on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Falcon Heights, MN rents stack up against the national median