
Cheap Apartments for Rent in Cologne, MN from $600 (53 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

Belle Court

Cedar Creek Apartments

Carver Oaks
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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Barbary Knoll Apartments

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Hickory Grove Apartments

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Arlington Ridge Apartments

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Lake Jonathan Flats

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Fenview Flats

The Uptown Apartments

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Crosstown Commons - Income Guidelines Apply

Sun Lake & Sun Lake Woods

Brickstone
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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The Carver Apartments

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Springs at McKnight Lake

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Rowe

Highland Shores Apartments

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Chaska Place Apartments

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Hazeltine Shores

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Juniper

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Victoria Flats

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The Otto

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Olivine Apartments - Now Open!
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.

THE PLAZA at Hazeltine Apartments

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Arasan

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Wilford - NOW OPEN!

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AbleLight Village

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Lake Hazeltine Woods

Young America Apartments

Vista Ridge

Water's Edge Townhomes

Interlaken Place

604 White St SW
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.

561 S Elk St

Town Square Place

Trailside Townhomes

Zen Chaska

602 E 1st St

Pineview Townhomes

East Creek Carriage Homes

32 E Lake St

4407 Wilshire Blvd

Jordan Valley Townhomes
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 | $1,499 | $802 | $1,833 |
| Cologne 1 Bedroom Apartments | $1,760 | $655 | $2,563 |
| Cologne 2 Bedroom Apartments | $2,212 | $782 | $3,267 |
| Cologne 3 Bedroom Apartments | $2,609 | $1,230 | $4,010 |
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 2 Beds unit found at Belle Court in the Scott Far Western Suburbs neighborhood priced from $1,095. Cedar Creek Apartments in the Highland Shores neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,105. Here is today’s list of the most affordable Cologne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Belle Court | Unit B304 | 2BR,1BA | $1,095 |
| Cedar Creek Apartments | STUDIO | Studio,1BA | $1,105 |
| Barbary Knoll Apartments | 1 bd + Den Garden Level | 1BR,1BA | $1,306 |
| 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 | Anchor | Studio,1BA | $1,413 |
| Sun Lake & Sun Lake Woods | Ash | 1BR,1BA | $1,445 |
| The Carver Apartments | The Landing | 1BR,1BA | $1,474 |
| Clover Field Marketplace | 2 Bedroom, Income Restrictions, Floorplan B | 2BR,1BA | $1,500 |
| Springs at McKnight Lake | Studio Grand Overlook | Studio,1BA | $1,501 |
Best Value Apartments for Rent in Cologne, MN and Nearby
As of July 21, 2026 the best value apartment in the Cologne area is the $1.16 price per square foot 3 Bedroom 2 Bath Model at Jordan Valley Townhomes in the in the Scott Far Western Suburbs neighborhood starting from $1,855. 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 | $1.16 |
| 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 | $1.77 |
| Brickstone | Snelling | 2BR,1BA | $1.72 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.43 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.68 |
| Sun Lake & Sun Lake Woods | Elm | 1BR,1BA | $1.89 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.84 |
| Belle Court | Unit A111 | 1BR,1BA | $1.89 |
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.
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 Cedar Creek Apartments listed at $1,105.
How much is rent for a Cheap One Bedroom Cologne Apartment?
The lowest price for a Cheap One Bedroom Cologne Apartment is $1,225 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 $1,095 at Belle Court.
What is the most affordable Cologne Three Bedroom Apartment?
The best deal on a cheap Cologne Three Bedroom Apartment rental is at Jordan Valley Townhomes and starts from $1,855.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.