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Apartments in Cannon Falls

1 - 4 of 4 Results
15
3D Tour
$970 - 1,040
Stonehouse Apartments
Deal
5.0
115 W Minnesota St Cannon Falls, MN
1 BR | Available Now
Contact
Heat Included
Virtual Tour
Income Restricted
Section 8
Air Conditioning
9
$855 - 865
Riverwood Apartments
900 W Park St Cannon Falls, MN
2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
29
$1,090 - 1,670
Cannonball Apartments
415 Hickory Dr Cannon Falls, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
26
$2,650
616 3rd St
Cannon Falls, MN
4 BR | Available Now
Contact
House
Balcony/Deck/Patio
1 - 4 of 4 Results
  1. Home
  2. Cannon Falls

How much does it cost to rent an apartment in Cannon Falls?

Cannon Falls Apartments
Bed Type Average Rent Range
Studio $1,120 $1,090 - $1,160
1BR $1,150 $970 - $1,330
2BR $1,590 $860 - $1,670
Frequently Asked Questions

How many apartments are available in Cannon Falls, MN on Rentable.co?

Rentable.co has over 116 apartments available in Cannon Falls.

What is the average rent for a studio apartment in Cannon Falls, MN?

The average rent for a studio apartment in Cannon Falls is around $1,120 per month.

What is the average rent for a one-bedroom apartment in Cannon Falls, MN?

The average rent for a one-bedroom apartment in Cannon Falls is around $1,150 per month.

What is the average rent for a two-bedroom apartment in Cannon Falls, MN?

The average rent for a two-bedroom apartment in Cannon Falls is around $1,590 per month.

How expensive is it to rent an apartment in Cannon Falls, MN?

For a two-bedroom apartment in Cannon Falls, the average rent price is $1,590 per month, which is similar to the national average of $1,640 per month.

Can I afford an apartment for rent in Cannon Falls, MN?

Based on average rent prices in Cannon Falls, to afford a studio apartment you would need an annual household income of $45,000 to live comfortably.

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Cannon Falls:
December Rent Report

Welcome to the December 2025 Cannon Falls Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Cannon Falls rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Cannon Falls and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Cannon Falls average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Cannon Falls Rent Prices Decrease From November to December

Cannon Falls rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Cannon Falls one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Cannon Falls experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Cannon Falls two-bedroom apartments currently stands at $.

December Prices: Cannon Falls vs. Surrounding Areas

Rent Prices in Cannon Falls and Surrounding Areas

Rent prices have decreased in Cannon Falls over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Cannon Falls suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Cannon Falls suburbs

  • Rents did not decrease in any of the Cannon Falls suburbs.

December 2025 Pricing Trends: Cannon Falls vs. National Comparisons

Cannon Falls Rent Prices More Affordable Than Major Cities

Rent growth in Cannon Falls over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Cannon Falls average rent prices appear to be relatively affordable for local residents.

The price for a Cannon Falls one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Cannon Falls and surrounding area rent prices, take a look at the complete data set below.

Data set for Cannon Falls and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.