Median Age
35 Years
Largest Age Group
25-34 Years
Approximately 19% of Residents
Under 20
23%
Over 65
18%
Area Guide
Avg Rent
$1,178
Population
5,269
Renter Mix
46% Rent
Falcon Heights sits quietly between Saint Paul and Minneapolis, yet it carries an identity all its own as home to the University of Minnesota's St. Paul Campus and the Minnesota State Fairgrounds. This small city punches well above its size, with a dense academic presence shaping its day-to-day character alongside a surprisingly walkable street grid lined with mature trees and well-kept green corridors. Neighborhoods here feel settled and grounded, ranging from close-knit residential streets near the university grounds to calmer pockets closer to Roseville and Como Park.
The rental landscape reflects that mix, offering everything from charming older single-family homes converted into apartments to modest multi-unit apartment communities that attract those tied to the U of M, nearby research institutions, and the broader Twin Cities job market. Each August, the Minnesota State Fair draws more than two million visitors to the city's eastern edge, briefly transforming Falcon Heights into the social center of the entire state. The rest of the year it returns to its quieter rhythm, making it an appealing spot for anyone who wants to stay connected to the energy of two major cities without living inside either one.
Take a journey back in time at Gibbs Farm in Falcon Heights.
The Jenkins House is one of the designer homes found in Falcon Heights.
Falcon Heights Community Park has plenty of picnic tables at the park pavilion.
The University of Minnesota Les Bolstad Golf Course is a public 18-hole course.
The Minnesota State Fair lies in the southern area of Falcon Heights.
Visitors stroll the streets at MSRA Back to the 50's car show.
Median Household Income
$87,179
Average: $109,703
Education
2,820
Residents Have a Degree
Job Market
2,853
Workers Employed
Median Age
35 Years
Largest Age Group
25-34 Years
Approximately 19% of Residents
Under 20
23%
Over 65
18%
Housing Distribution
Falcon Heights has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Falcon Heights, MN is $926 for a studio, $1,179 for one bedroom, $1,363 for two bedrooms, and $1,769 for three bedrooms. Apartment rent in Falcon Heights has increased by 0.7% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Falcon Heights, MN is for everyday living.
Fairly Walkable
Walkability
Some Public Transit
Transit
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades K-5
493 Students
Falcon Heights Elementary School
Public
Grades K-5
493 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.