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2025 Compare Cities Housing:
Falcon Heights, MN vs Elk River, MN

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Highlights
- The median age of a home in Falcon Heights is 50.0% older than the median age of a home in Elk River.
 Falcon Heights, MNElk River, MNUnited States
 Median Home Age62  Unlock42
 Median Home Cost  Unlock$362,100$338,100
 Home Appr. Last 12 months9.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.85.8%  Unlock101.1%
 Property Tax Rate  Unlock$12.4$11.0
 Homes Owned55.5%  Unlock57.4%
 Housing Vacant  Unlock4.5%11.2%
 Homes Rented42.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Falcon Heights, MNElk River, MNUnited States
 Average Rent  Unlock$1,760$1,840
 Studio Apartment$1,010  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,070$1,180
 2 Bedroom Home or Apartment$1,410  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,780$1,860
 4 Bedroom Home or Apartment$2,220  Unlock$2,160
 space1
 Vacant Housing
 Falcon Heights, MNElk River, MNUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.1%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.2%3.6%
 Vacant Other0.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Falcon Heights, MNElk River, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9994.3%  Unlock2.4%
 $40,000 to $59,999  Unlock2.3%2.8%
 $60,000 to $79,9990.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9990.6%  Unlock11.3%
 $150,000 to $199,999  Unlock22.6%13.0%
 $200,000 to $299,99936.0%  Unlock20.1%
 $300,000 to $399,999  Unlock17.7%13.6%
 $400,000 to $499,9998.7%  Unlock8.3%
 $500,000 to $749,999  Unlock2.9%9.7%
 $750,000 to $999,9991.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Falcon Heights, MNElk River, MNUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock22.4%13.6%
 2000 to 200910.1%  Unlock13.6%
 1990 to 1999  Unlock16.9%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock18.0%14.8%
 1960 to 19692.5%  Unlock13.6%
 1950 to 1959  Unlock3.9%10.0%
 1940 to 194918.4%  Unlock4.7%
 1939 or Earlier  Unlock1.4%12.2%
Transportation
Reviews for Falcon Heights    1 Reviews
Judy · St. Paul, MN
Great location in the Twin Cities
Over 19 years ago

Located at the center of the Twin Cities metro area with small local government, great neighborhoods and neighbors, and proximity to the State  More

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Reviews for Elk River    3 Reviews
Jack · Elk River, MN
Transportation Growth to Lead to Economic Growth i
Over 16 years ago

The Northstar commuter rail line and the commuter rail station in Elk River (to be completed later in 2009) that will connect Elk River to Minneapolis, and a recent  More

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teri · Elk River, MN
to live
Over 18 years ago

good place to live and close to the  More

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Judy · Big Lake, MN
Elk River, Minnesota
Over 19 years ago

Small town but growing, nice place to live. Will be getting mass-transit soon, to  More

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Learn More About Falcon Heights, Minnesota
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Learn More About Elk River, Minnesota
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