Housing & Real Estate — Falcon Heights, Minnesota

Overview

Total Housing Units2,148
Occupied2,041
Vacant107
Owner-Occupied1,205
Renter-Occupied836
Median Home Value (Census)$384,500
Estimated 2026~$429,000
Median Rent$1,200/mo
Median Property Tax$4,691/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income14.9%
Severely Rent-Burdened40.7%

Housing Age

Built 2010 or later61
Built 2000-2009138
Built 1990-199960
Built before 19601,077
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.