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Little Falls, MN Homes for Rent

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  • /13

    $1,600 Plus Fees

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    403 1st Ave NE Unit 1, Little Falls, MN 56345

    Property Id: 1172608 Spacious 3-Bedroom, 2-Bath First-Floor Apartment - Utilities Included Spacious approximately 1,000 sq. ft. first-floor apartment in central Little Falls, conveniently located next to the park and within walking distance of downtown. This 3-bedroom, 2-bath apartment features a large kitchen and dining area with hardwood floors, center island, plenty of cabinet

    403 1st Ave NE Unit 1, Little Falls, MN 56345
  • /5

    $1,850 Per Month

    • 4 Beds
    • 2 Baths
    • 2,600 Sq Ft
    • House for Rent

    716 2nd St NE, Little Falls, MN 56345

    Completely renovated two story brick home located in Little Falls. New windows/roof/furnace/ac/painted/electrical/plumbing. Double city lot.

    716 2nd St NE, Little Falls, MN 56345
  • /9

    $1,185

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,082 Sq Ft
    • Condo for Rent

    603 3rd Ave NW Unit 601 3rd Ave NW, Little Falls, MN 56345

    2 Bedrooms, 1 Bath 1 Car Garage. Full unfinished basement, next to city park.Tenant is responsible for lawn care and snow removal.Tenant is responsible for gas, electric, trash & water/sewer.Non-functional fireplace.Must put in an application to be able to see the property. Requirements: Gross Monthly Income must be 3 times the rent; No felony convictions in the last 5 years;

    603 3rd Ave NW Unit 601 3rd Ave NW, Little Falls, MN 56345

Why Live in Little Falls

Little Falls, Minnesota, a small city with a population of around 9,000, is known for its rich history and vibrant community life. The Mississippi River flows through the center, making it a hub for recreational activities. Charles A. Lindbergh State Park, named after the famous aviator's father, offers fishing, canoeing, hiking, and cross-country skiing. Pine Grove Zoo, open during warmer months, features both local and exotic animals. The city hosts numerous parks with baseball fields and hockey rinks, and the Little Falls Golf Course is a public facility. Housing options range from early 20th-century bungalows and farmhouses to newer subdivisions with traditional and ranch-style homes. The community's main street, Broadway, is lined with restaurants, bars, and local shops, with notable dining spots like Ciao Thyme and The Black and White. Little Falls is also known for its community events, including the annual Little Falls Arts & Crafts Fair, which attracts around 200,000 visitors, and the Little Falls Dam Festival, featuring live music, fireworks, and a parade. The Morrison County Fairgrounds host various events throughout the year. Little Falls Community Schools serve the area, with the high school offering pathways to earn college credits. Located along U.S. Highway 10, Little Falls is about 30 miles from St. Cloud and 100 miles from Minneapolis, with major industries in healthcare and manufacturing, and employment opportunities at Camp Ripley, a Minnesota National Guard training center.

Frequently Asked Questions

How much does it cost to rent a home in Little Falls, MN?
The median rent for a home in Little Falls, MN is $1,725 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Little Falls, MN?
To comfortably afford the median rent in Little Falls, MN, a household needs to earn roughly $69,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,725 per month in Little Falls, MN, renters typically need to show $5,175 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Little Falls, MN?
In Little Falls, MN, the price-to-rent ratio is 12.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,725
Median Single Family Home Rent
$1,850
Median Condo Rent
$1,600
How to Rent a Home