Zumper
modified
5+ Days Ago

Highlights

  • Open concept living area
  • Covered patio or balcony
  • Individual heating/cooling system
  • Detached garage

Location

5384 383rd Street, North Branch, Minnesota 55056, United States
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Contact

Management

Falcon

Leasing office

(651) 237-0616

Property Overview

Falcon Apartments 2 is highly rated with a Zumper score of 8.4 out of 10, reflecting a compelling blend of price, value, and quality of living. Its impressive amenities, receiving a perfect score, include an open concept living area and covered patios, while its location is rated 9 out of 10 for convenience to various local attractions. Additionally, the property is recognized for being pet-friendly, enhancing its appeal to renters seeking a welcoming environment.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Falcon Apartments 2 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Falcon Apartments 2 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elevator
  • Images Available

Great for

  • Pet owners

Floor plans

1 Bedroom/1 Bath/Pantry Apartment1 bed1 bath763 sqft$1,270 /mo1 unit availableConveniently located near shopping, entertainment, and medical facilities. 1 bedroom/1 bath/pantry apartment with open concept living area, individual heating/cooling system, and covered patio or balcony. Animal Policy: $200 Non-refundable Pet Fee & $25/mos. Pet Rent (per animal; 2 animal limit); Restrictions may apply OPTIONAL AMENITIES: Internet Pkg.: $50/mos. Detached Garage: $65-85/mos. SECURITY DEPOSIT: $800.00 (minimum) UTILITIES: • Heat, Trash Collection Services: Provided by Landlord • Electricity: Paid by Tenant & billed direct by utility company • Water, Sewer: We utilize a Usage-Based Utility Plan, which ensures fair and transparent utility billing based on number of occupants. Full details about this plan can be found in your lease agreement.
2 Bedroom/1 Bath Apartment A2 bed1 bath957 sqft$1,425 /mo1 unit availableConveniently located near shopping, entertainment, and medical facilities. 2 bedroom/1 bath apartment with open concept living area, individual heating/cooling system, and covered patio or balcony. Animal Policy: $200 Non-refundable Pet Fee & $25/mos. Pet Rent (per animal; 2 animal limit); Restrictions may apply OPTIONAL AMENITIES: Internet Pkg.: $50/mos. Detached Garage: $65-85/mos. SECURITY DEPOSIT: $800.00 (minimum) UTILITIES: • Heat, Trash Collection Services: Provided by Landlord • Electricity: Paid by Tenant & billed direct by utility company • Water, Sewer: We utilize a Usage-Based Utility Plan, which ensures fair and transparent utility billing based on number of occupants. Full details about this plan can be found in your lease agreement.

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Amenities for Falcon Apartments 2

Apartment Amenities

Central HeatHeating

Appliances

Built-In DishwasherBuilt-in Microhood
DishwasherElectric Range with Self Cleaning Oven
Frost Free RefrigeratorRefrigerator

Building

Community RoomDogs OK
ElevatorFitness Center
Library & Game RoomOnsite Laundry
Secure Building Entrances & Security Cameras

Grounds

Dog ParkGarage Parking
Grilling stationsOptional Detached Garages
Outdoor PoolOutdoor Space
PlaygroundSwimming Pool

Services

On-Site ManagementPackage Service
Parcel RoomProfessionally Trained Service Technicians
Trash Collection Services

Other

Features and Finishes may VaryOptional: Internet package
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units36
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About Falcon Apartments 2

Home Falcon Apartments 2

Conveniently located near shopping, entertainment, and medical facilities. 1 bedroom/1 bath/pantry apartment with open concept living area, individual heating/cooling system, and covered patio or balcony. Animal Policy: $200 Non-refundable Pet Fee & $25/mos. Pet Rent (per animal; 2 animal limit); Restrictions may apply OPTIONAL AMENITIES: Internet Pkg.: $50/mos. Detached Garage: $65-85/mos. SECURITY DEPOSIT: $800.00 (minimum) UTILITIES: • Heat, Trash Collection Services: Provided by Landlord • Electricity: Paid by Tenant & billed direct by utility company • Water, Sewer: We utilize a Usage-Based Utility Plan, which ensures fair and transparent utility billing based on number of occupants. Full details about this plan can be found in your lease agreement.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Falcon Apartments 2 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Falcon Apartments 2 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Falcon Apartments 2
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Falcon Apartments 2 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Falcon Apartments 2 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—dogs allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Falcon Apartments 2 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Falcon Apartments 2 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Falcon Apartments 2 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required
  • 1 pet hospital in the area
  • 1 pet supply store near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Falcon Apartments 2 compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery

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Rent trends in North Branch

1-bedroom apartments here are priced 1% higher than 1-bedrooms in North Branch.

If you decide to upgrade your space, you can expect 2-bedrooms at Falcon Apartments 2 to be 3% less than the average for similarly sized apartments in North Branch.

Median rents as of Dec 6 2025.
North Branch
A table of 1-bedroom apartment rental data trends in North Branch
MonthMedian Rent
November 2024$1,160
December 2024$1,166
October 2025$1,150
November 2025$1,167
December 2025$1,260

Affordability calculator

Can I afford to live at 5384 383rd Street?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$50,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,800 annually to afford this 1-bedroom monthly rent price of $1,270.
For more information on rent affordability, visit our rent calculator.

Schools near Falcon Apartments 2

Sunrise River Elementary School

37775 grand ave

north branch, MN, 55056

1-5Public
B-
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Internet available near Falcon Apartments 2

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around North Branch near 5384 383rd Street

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 5384 383rd Street, North Branch

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

0/10
No elementary schools within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

1/10
Few or no bars within walking distance

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