Cheap Apartments for Rent in Cologne, MN from $600 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Young America Apartments
2 Bedroom Apartments

Young America Apartments

326 Central Ave SNorwood Young America, MN 55397
  • Utilities Included
close
View Me
Belle Court Apartments
1 to 2 Bedroom Apartments

Belle Court Apartments

561 S Elk St SBelle Plaine, MN 56011
  • Utilities Included
close
View Me
Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

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

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
Showing Results 1-23, Page 1 of 1

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. Prairie Village in the Waterford Heartland Row neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Cologne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cardinal Ridge Apartments 62+0BR/1.0BA1BR,1BA$750
Prairie VillagePrairie Village 2 Bedroom2BR,1BA$995
Carver Place1 Bed, 1 bath1BR,1BA$1,058
Arlington Ridge Apartments2 Bedroom2BR,1BA$1,350
Hickory Grove1 Bedroom/1 Bath Apartment1BR,1BA$1,375

Best Value Apartments for Rent in Cologne, MN and Nearby

As of August 30, 2025 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 Three Bedroom Model at East Creek Carriage Homes starting at $1,730 with a $1.29 price per square foot in the Highland Shores 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
East Creek Carriage HomesThree Bedroom3BR,1.5BA$1.29
Lake Hazeltine Woods1A1BR,1BA$1.67
Lake Jonathan FlatsWindjammer2BR,2BA$1.68
Arlington Ridge Apartments2 Bedroom2BR,1BA$1.44
Sun Lake & Sun Lake WoodsElm1BR,1BA$1.83
Zen ChaskaThe Fern1BR,1BA$1.75
Prairie VillagePrairie Village 2 Bedroom2BR,1BA$1.29
Carver Place1 Bed, 1 bath1BR,1BA$1.63
Cardinal Ridge Apartments 62+0BR/1.0BA1BR,1BA$1.17

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Cologne, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Cologne, MN

View Map
Cologne, MN Apartments Map
View Map
Cologne, MN Rental Homes Map

Getting Around Cologne, MN

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Springs at McKnight Lake listed at $1,521.

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 $995 at Prairie Village.

What is the most affordable Cologne Three Bedroom Apartment?

The best deal on a cheap Cologne Three Bedroom Apartment rental is at Prairie Village and starts from $1,180.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.