The Aurilla Apartments
7689 Hardwood Ave S,
Cottage Grove, MN 55016
Studio - 3 Beds | $1,435 - $3,845
Rental Market Trends in Cottage Grove, MN
What is the average rent in Cottage Grove, MN?
$1,620/month
Average Rent
714 Sq Ft
Average Apartment Size
+5.5%
Increase in the Last Year
As of July 2025, the average rent in Cottage Grove, MN is $1,620 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Cottage Grove rent prices are 1% lower than the national average. When you rent an apartment in Cottage Grove, you can expect to pay about $1,460 per month for a studio, $1,620 for a one-bedroom apartment, and around $1,812 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,775 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cottage Grove, MN?
In the past year, rent has increased by 5.5%, which averages out to $89 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Cottage Grove, MN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
43%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cottage Grove?
Based on current rent prices, Thompson Grove Estates is the most affordable neighborhood in Cottage Grove.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cottage Grove?
Based on current rent prices, Thompson Grove Estates is the most expensive neighborhood in Cottage Grove.
Neighborhood
Average Rent
Average Sq Ft
Which Cottage Grove neighborhoods have the most rentals available?
The neighborhood in Cottage Grove with the most apartments available is Thompson Grove Estates .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cottage Grove, MN?
Because the average rent in Cottage Grove is $1,620, you’ll want to make about $5,400 per month or $64,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cottage Grove, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Cottage Grove, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Cottage Grove we think you'll love
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.