
Cheap Apartments for Rent in Cologne, MN from $655 (51 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

Belle Court

Young America Apartments

Carver Oaks

Cedar Creek Apartments

Prairie Village
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Sand Creek Flats

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Hickory Grove Apartments

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Barbary Knoll Apartments

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Arlington Ridge Apartments

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Fenview Flats

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Crosstown Commons - Income Guidelines Apply

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The Uptown Apartments

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The Carver Apartments

Brickstone

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Lake Jonathan Flats
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Springs at McKnight Lake

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Sun Lake & Sun Lake Woods

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Rowe

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Olivine Apartments - Now Open!

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Hazeltine Shores

Highland Shores Apartments

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The Otto

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Victoria Flats

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Chaska Place Apartments

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Arasan
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Juniper

THE PLAZA at Hazeltine Apartments

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Wilford - NOW OPEN!

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AbleLight Village

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Lake Hazeltine Woods

1579 Serenity Ln

Carver Place

Vista Ridge

Water's Edge Townhomes

Interlaken Place
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.

Town Square Place

Zen Chaska

Trailside Townhomes

303 Angel Ave SW

Pineview Townhomes

East Creek Carriage Homes

32 E Lake St

Jordan Valley Townhomes

1269 Taylor St

1035 Bluff Ave E
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.
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 | $1,491 | $802 | $1,788 |
| Cologne 1 Bedroom Apartments | $1,757 | $655 | $2,563 |
| Cologne 2 Bedroom Apartments | $2,174 | $782 | $3,273 |
| Cologne 3 Bedroom Apartments | $2,563 | $1,230 | $3,890 |
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 in the Scott Far Western Suburbs neighborhood priced from $1,025. Young America Apartments in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,055. Here is today’s list of the most affordable Cologne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Belle Court | Unit A111 | 1BR,1BA | $1,025 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1,055 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1,230 |
| Sand Creek Flats | Studio | Studio,1BA | $1,295 |
| Hickory Grove Apartments | 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1,300 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1,330 |
| Barbary Knoll Apartments | 1 bd + Den Walkout Patio | 1BR,1BA | $1,401 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1,410 |
| Fenview Flats | Sage | 1BR,1BA | $1,420 |
| Crosstown Commons - Income Guidelines Apply | 1 Bedroom | 1BR,1BA | $1,436 |
Best Value Apartments for Rent in Cologne, MN and Nearby
As of September 04, 2026 the best value apartment in the Cologne area is the $1.20 price per square foot 3 Bedroom 2 Bath Model at Jordan Valley Townhomes in the in the Scott Far Western Suburbs neighborhood starting from $1,913. The second greatest value Cologne apartment is the 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace starting at $1,520 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jordan Valley Townhomes | 3 Bedroom 2 Bath | 3BR,2BA | $1.20 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1.11 |
| Zen Chaska | The Cobalt | 2BR,2BA | $1.58 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1.25 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.56 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.68 |
| Sun Lake & Sun Lake Woods | Elm | 1BR,1BA | $1.89 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.41 |
| Belle Court | Unit A111 | 1BR,1BA | $1.58 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read ArticleQuick 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.
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 Sand Creek Flats listed at $1,295.
How much is rent for a Cheap One Bedroom Cologne Apartment?
The lowest price for a Cheap One Bedroom Cologne Apartment is $1,025 at Belle Court.
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 $1,055 at Young America Apartments.
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 $1,230.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.