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Rental Market Trends in Cottage Grove, MN

Updated July 2026

The average rent in Cottage Grove, MN is $1,571/month.

Rent in Cottage Grove is roughly equal to the national average rent of of $1,663/month.

$1,571/month

Average Rent

716 Sq Ft

Average Size

+2.3%

Change / Year

97

Available Apartments

Cottage Grove rent varies by unit size and layout:

  • Studio apartments in Cottage Grove average $1,492 per month.
  • One-bedroom apartments in Cottage Grove average $1,571 per month.
  • Two-bedroom apartments in Cottage Grove average $1,825 per month.
  • Three-bedroom apartments in Cottage Grove average $1,808 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,492/month
610 Sq Ft
One Bedroom
$1,571/month
716 Sq Ft
Two Bedroom
$1,825/month
1,040 Sq Ft
Three Bedroom
$1,808/month
1,185 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$2,743/month
2,159 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,048/month
1,493 Sq Ft
View Cottage Grove Apartments

How much has average rent changed in Cottage Grove, MN?

In the past year, rent has increased by 2.3%, which averages out to $37 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cottage Grove, MN

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Cottage Grove, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
29% $1,001 - $1,500/month
57% $1,501 - $2,000/month
14% Above $2,000/month

What salary do I need to live comfortably in Cottage Grove, MN?

Because the average rent in Cottage Grove is $1,571, you’ll want to make about $5,236 per month or $62,832 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.

City

Cottage Grove, MN

97 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Cottage Grove Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Inver Grove Heights

    Inver Grove Heights

  • Woodbury

    Woodbury

  • South Saint Paul

    South Saint Paul

  • Hastings

    Hastings

  • Rosemount

    Rosemount

Apartment Communities in Cottage Grove We Think You'll Love

The Aurilla Apartments

The Aurilla Apartments

7689 Hardwood Ave S,
Cottage Grove, MN 55016

Studio - 3 Beds | $1,547 - $2,747

ReNew at the Grove

ReNew at the Grove

8120 E Point Douglas Rd S,
Cottage Grove, MN 55016

1-2 Beds | $1,499 - $2,379

Acclaim of Woodbury

Acclaim of Woodbury

10108 Sunbird Cir,
Woodbury, MN 55129

2-4 Beds | $2,895 - $3,750

Grove80 Apartments

Grove80 Apartments

7550 80th St,
Cottage Grove, MN 55016

Studio - 3 Beds | $1,443 - $2,708

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Frequently Asked Questions

What is the average rent in Cottage Grove?

The average rent in Cottage Grove is $1,571 per month, which is 5.5% lower than the national average of $1,663.

What is the average rent for a townhome in Cottage Grove?

The average rent for a townhome in Cottage Grove, MN is $2,048 per month.

Are rents going up or down in Cottage Grove?

Rents in Cottage Grove, MN are increasing, with prices up 2.3% year-over-year and $37 more per month.

What rent range is most common in Cottage Grove?

In Cottage Grove, MN, 57% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Minnesota Cottage Grove Rental Trends

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity