Home prices
The median home in Falcon Heights costs $293,400. This is roughly $57,380 (24%) higher compared to nearby areas.It is about $75,900 (34%) higher in comparison to the entire nation, and is approximately $41,800 (16%) higher in comparison to the city of Minneapolis.
Rents
In Falcon Heights the median monthly rent is $1,062. In comparison to other places in this area it is roughly $42 (4%) higher.Compared to the rest of the nation it is is very similar, and compared to the city of Minneapolis is about $35 (3%) higher.
Nearby places
Lauderdale
Lauderdale is Falcon Heights's neighbor to the west. The real estate prices there are a lot less expensive. The median home in Lauderdale costs $206,100, which is $87,300 (42%) lower than Falcon Heights. Its rents are a bit less expensive. In Lauderdale the median monthly rent is $988, which works out to $74 (7%) lower than Falcon Heights.
Roseville
Roseville is Falcon Heights's neighbor to the northeast. Its real estate prices are somewhat less expensive. The cost of the median home in Roseville is $254,200, which comes out to $39,200 (15%) lower than Falcon Heights. Rent there is pretty similar. In Roseville the median monthly rent is $1,050, which comes out to $12 (1%) lower than Falcon Heights.
St. Paul
St. Paul is Falcon Heights's neighbor to the southeast. Real estate prices there are substantially less expensive. The cost of the median home in St. Paul is $208,000, which works out to $85,400 (41%) lower than Falcon Heights. Its rents are a little less expensive. In St. Paul the median monthly rent is $968, which comes out to $94 (9%) lower than Falcon Heights.
St. Anthony
St. Anthony is roughly 2 miles northwest of Falcon Heights. Its housing prices are a little less expensive. The median home in St. Anthony costs $269,300, which is $24,100 (8%) lower than Falcon Heights. Its rents are fairly similar. In St. Anthony the median rent is $1,092 a month, which is $30 (2%) higher than Falcon Heights.
Little Canada
Little Canada is roughly 4 miles northeast from Falcon Heights. The housing prices there are a little less expensive. The median home in Little Canada costs $242,500, which works out to $50,900 (20%) lower than Falcon Heights. Rents there are somewhat less expensive. The median monthly rent in Little Canada is $1,002, which works out to $60 (5%) lower than Falcon Heights.