Cheap Apartments for Rent in Cologne, MN from $600 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cologne.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Arasan
$1,354 - $3,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $3,720
Required Monthly Fees
$5

Total Monthly Price
$1,354 - $3,725
Studio to 3 Bedroom Apartments Available Now

Arasan

1620 Lusitano StShakopee, MN 55379
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Otto
Rent Specials
$1,360 - $2,467
Total Monthly Price

Total Monthly Price

Base Rent
$1,352 - $2,459
Required Monthly Fees
$8

Total Monthly Price
$1,360 - $2,467
Studio to 3 Bedroom Apartments Available Now

The Otto

601 Industrial Blvd WWaconia, MN 55387
Luxury
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  • Customer Reviewed
  • 3D Tour
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Young America Apartments
2 Bedroom Apartments

Young America Apartments

326 Central Ave SNorwood Young America, MN 55397
  • Utilities Included
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
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Town Square Place
Studio to 2 Bedroom Apartments

Town Square Place

1 River Bend PlChaska, MN 55318
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 4407 Wilshire Blvd

$1,300 - $1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 To 2 Bedroom Rentals

Available Now

4407 Wilshire Blvd

MoundMN55364

Cologne, MN Local Guide

Cheapest Available Cologne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cologne, MN is a 1 Bed unit found at Cardinal Ridge Apartments 62+ in the Scott Far Western Suburbs neighborhood priced from $750. Cedar Creek Apartments in the Highland Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Cologne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cardinal Ridge Apartments 62+1 Bedroom1BR,1BA$750
Cedar Creek Apartments1BR-U1BR,1BA$1,215
Belle Court Apartments1 Bedroom1BR,1BA$1,225
Sand Creek Flats1A1BR,1BA$1,340
Arlington Ridge Apartments2 Bedroom2BR,1BA$1,350

Best Value Apartments for Rent in Cologne, MN and Nearby

As of January 20, 2026 the best value apartment in the Cologne area is the $1.00 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,520. The second greatest value Cologne apartment is the Floorplan C Model at Highland Shores Apartments starting at $2,055 with a $1.40 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for Cologne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Highland Shores ApartmentsFloorplan C2BR,2BA$1.40
East Creek Carriage HomesThree Bedroom3BR,1.5BA$1.29
Lake Hazeltine Woods1A1BR,1BA$1.67
Pineview TownhomesTwo Bedroom2BR,1.5BA$1.54
Hazeltine ShoresWoodridge2BR,1.8BA$1.66
Arlington Ridge Apartments2 Bedroom2BR,1BA$1.44
Zen ChaskaThe Jade1BR,1BA$1.79
Cedar Creek Apartments1BR-U1BR,1BA$1.66
Cardinal Ridge Apartments 62+1 Bedroom1BR,1BA$1.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cologne, MN Rentals by Map

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Frequently Asked Questions about Cheap Cologne Apartments

What is the Cheapest Studio apartment in Cologne?

Currently the most affordable Cheap Studio Apartment in Cologne is at The Otto listed at $1,360.

How much is rent for a Cheap One Bedroom Cologne Apartment?

The lowest price for a Cheap One Bedroom Cologne Apartment is $750 at Cardinal Ridge Apartments 62+.

What is the lowest price for a Cheap Two Bedroom Cologne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cologne is starting from $1,325 at Belle Court Apartments.

What is the most affordable Cologne Three Bedroom Apartment?

The best deal on a cheap Cologne Three Bedroom Apartment rental is at East Creek Carriage Homes and starts from $1,730.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!