
Cheap Apartments for Rent in Cologne, MN from $600 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Cologne.


Clover Field Marketplace

Cardinal Ridge Apartments 62+

Brentwood Court Apartments - 55+ Community

Brentwood Terrace - 55+ Community

Prairie Village

Carver Place

Carver Oaks

Belle Court Apartments

Cedar Creek Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Barbary Knoll Apartments

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The Otto

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Hickory Grove Apartments

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Arlington Ridge Apartments

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Lake Jonathan Flats

Sun Lake & Sun Lake Woods

Brickstone

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Fenview Flats

THE PLAZA at Hazeltine Apartments

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Rowe
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.

Sand Creek Flats

Highland Shores Apartments

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The Carver Apartments

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Hazeltine Shores

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Springs at McKnight Lake

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Chaska Place Apartments

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The Uptown Apartments

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Crosstown Commons - Income Guidelines Apply

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Wilford - NOW OPEN!

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Arasan
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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Olivine Apartments - Now Open!

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Juniper

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Victoria Flats

16 Thomas Ln

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AbleLight Village

412 N Cedar St

Young America Apartments

Vista Ridge

Water's Edge Townhomes

561 S Elk St
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.

604 White St SW

Interlaken Place

Town Square Place

Trailside Townhomes

4470 Denbigh Rd

Zen Chaska

Pineview Townhomes

East Creek Carriage Homes

32 E Lake St

4407 Wilshire Blvd
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.
Cologne, MN Local Guide

How much does it cost to rent an apartment in Cologne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cologne Studio Apartments | $1,540 | $802 | $1,833 |
| Cologne 1 Bedroom Apartments | $1,765 | $655 | $2,563 |
| Cologne 2 Bedroom Apartments | $2,258 | $782 | $3,318 |
| Cologne 3 Bedroom Apartments | $2,573 | $1,230 | $3,510 |
Browse Top Apartments in Cologne
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Cologne, MN Local Guide
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Cheapest Available Cologne Apartments for Rent and Nearby
 The cheapest available apartment rental in Cologne, MN is a 1 Bed unit found at Belle Court Apartments in the Scott Far Western Suburbs neighborhood priced from $1,195. Barbary Knoll Apartments in the The Preserve neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,386. Here is today’s list of the most affordable Cologne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Belle Court Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,195 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1,386 |
| Hickory Grove Apartments | 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1,400 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1,410 |
| Lake Jonathan Flats | Admiral | Studio,1BA | $1,433 |
| Clover Field Marketplace | 2 Bedroom, Income Restrictions, Floorplan B | 2BR,1BA | $1,500 |
| THE PLAZA at Hazeltine Apartments | A1 - Sawgrass | 1BR,1BA | $1,505 |
| Sun Lake & Sun Lake Woods | Chestnut | 1BR,1BA | $1,545 |
| Hazeltine Shores | The Jonathan | 1BR,1BA | $1,565 |
| Springs at McKnight Lake | Studio Grand Overlook | Studio,1BA | $1,580 |
Best Value Apartments for Rent in Cologne, MN and Nearby
As of June 06, 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 Castle Model at Arasan starting at $2,790 with a $1.89 price per square foot in the Spring Lake Estates neighborhood. Here is today’s list of the best values for Cologne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Arasan | Castle | 3BR,2BA | $1.89 |
| Sand Creek Flats | 3 Bedroom | 3BR,2BA | $1.85 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.54 |
| Brickstone | Snelling | 2BR,1BA | $1.72 |
| Barbary Knoll Apartments | 2 bd Balcony | 2BR,1BA | $1.47 |
| Sun Lake & Sun Lake Woods | Chestnut | 1BR,1BA | $1.72 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.68 |
| Chaska Place Apartments | Harbor | 1BR,1BA | $1.94 |
| Belle Court Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.84 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cologne, MN Rentals by Map
See the most popular apartments and homes in Cologne, MN
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 Lake Jonathan Flats listed at $1,433.
How much is rent for a Cheap One Bedroom Cologne Apartment?
The lowest price for a Cheap One Bedroom Cologne Apartment is $1,195 at Belle Court Apartments.
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 $1,295 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 Sand Creek Flats and starts from $2,450.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.