Cheap Apartments for Rent in Cologne, MN from $700 (36 Rentals)

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

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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

Navigating 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.

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Trailside Townhomes
2 Bedroom Apartments

Trailside Townhomes

112 Poplar Ridge DrNorwood Young America, MN 55397

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. Belle Court Apartments in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. 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
Belle Court Apartments1 BR1BR,1BA$1,145
Crosstown Commons - Income Restricted Aparments1 Bedroom1BR,1BA$1,295
Zen ChaskaThe Jade1BR,1BA$1,300
Sun Lake & Sun Lake WoodsAsh1BR,1BA$1,345
Arlington Ridge Apartments2 Bedroom2BR,1BA$1,350
Cedar Creek Apartments2BR- U2BR,1BA$1,355
Lake Jonathan FlatsAdmiralStudio,1BA$1,385
The Uptown Apartments1.11BR,1BA$1,414
The Otto1A1BR,1BA$1,426

Best Value Apartments for Rent in Cologne, MN and Nearby

As of June 15, 2025 the best value apartment in the Cologne area is the $1.81 price per square foot D4 - Leland B Model at Marsh Hollow in the in the Scott Far Western Suburbs neighborhood starting from $3,647. The second greatest value Cologne apartment is the 3 Bedroom, Income Restrictions, Floorplan B Model at Clover Field Marketplace starting at $1,658 with a $1.11 price per square foot in the Scott Far Western Suburbs 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.
Marsh HollowD4 - Leland B3BR,3BA$1.81
Clover Field Marketplace3 Bedroom, Income Restrictions, Floorplan B3BR,2BA$1.11
East Creek Carriage HomesThree Bedroom3BR,1.5BA$1.29
Lake Hazeltine Woods1A1BR,1BA$1.67
AbleLight VillageThe Isles2BR,2BA$1.76
Cedar Creek Apartments2BR- U2BR,1BA$1.40
Arlington Ridge Apartments2 Bedroom2BR,1BA$1.44
Zen ChaskaThe Jade1BR,1BA$1.65
Belle Court Apartments1 BR1BR,1BA$1.77
Cardinal Ridge Apartments 62+0BR/1.0BA1BR,1BA$1.17

Quick Rent Budget Calculator

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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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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

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 $1,385.

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 $1,245 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 Clover Field Marketplace and starts from $1,658.

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.

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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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.