Cottage Grove, MN Rental Market Trends
Highlights
The average rent for an apartment in Cottage Grove is $1,169, a 11% increase compared to the previous year, when the average rent was $1,056.
Average Rent in Cottage Grove, MN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,169 | 11% | 919 sq. ft. |
The average size for a Cottage Grove, MN apartment is 919 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cottage Grove, MN Apartment Rent Ranges
- $501-$7001%
- $701-$1,00044%
- $1,001-$1,50036%
- $1,501-$2,00019%
Cottage Grove, MN Occupied Housing Units
- Renter-occupied Households20%
- Owner-occupied Households79%
2,476 or 20% of the households in Cottage Grove, MN are renter-occupied while 9,575 or 79% are owner-occupied.
Cottage Grove, MN Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Cottage Grove, MN | $963 | $963 | $1,001 | $1,029 | $1,055 | $1,056 | $1,096 | $1,131 | $1,169 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Cottage Grove Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Minneapolis | $1,540 | -4% |
| St. Paul | $1,283 | -2% |
| St. Cloud | $881 | 2% |
| Edina | $1,497 | -1% |
| Bloomington | $1,440 | -1% |
| Maplewood | $1,141 | 4% |
| Eagan | $1,329 | n/a |
| West St. Paul | $1,147 | 5% |
| Woodbury | $1,649 | 4% |
| Burnsville | $1,305 | 2% |
| Cottage Grove | $1,169 | 11% |
For more information about the Cottage Grove rental trends, check out our monthly rent report
Check out Minnesota Cities, Minnesota Neighborhoods and Minnesota Zip Codes for more details on verified listings, including the Minnesota Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!