Cheap Homes for Rent in Cologne, MN from $1,200 (11 Rentals)

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

property at 561 S Elk St

$1,025 - $1,445

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 To 2 Bedroom Rentals

Available Now

561 S Elk St

Belle PlaineMN56011
property at 604 White St SW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

604 White St SW

WatertownMN55388
property at 4407 Wilshire Blvd

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

2 Bedroom, 1 Bath Home for Rent

Available Now

4407 Wilshire Blvd

MoundMN55364

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.

property at 7689 Nicholas Way

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2 Bath Townhome for Rent

Available Now

7689 Nicholas Way

ChanhassenMN55317
property at 1003 Heather Ln

$2,095

Total Monthly Price

Total Monthly Price

Base Rent
$2,095

Total Monthly Price
$2,095

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1003 Heather Ln

WaconiaMN55387
property at 1602 Geske Rd

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 1

1602 Geske Rd

ChaskaMN55318
property at 2909 Meadow Ln

$2,180

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,180

Total Monthly Price
$2,180

2 Bedroom, 1.5 Bath Home for Rent

Available Oct 1

2909 Meadow Ln

MoundMN55364
property at 2187 Cedar Ln

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

3 Bedroom, 2 Bath Home for Rent

Available Now

2187 Cedar Ln

MoundMN55364

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.

property at 316 Shawnee Trail

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

3 Bedroom, 2 Bath Townhome for Rent

Available Now

316 Shawnee Trail

ShakopeeMN55379

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 Belle Court in the Scott Far Western Suburbs neighborhood priced from $1,025. Hickory Grove Apartments in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Cologne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Belle CourtUnit A1111BR,1BA$1,025
Hickory Grove Apartments1 Bedroom/1 Bath Apartment1BR,1BA$1,300
Barbary Knoll Apartments1 bd + Den Garden Level1BR,1BA$1,306
Carver Oaks2 bedrooms2BR,2BA$1,330
Sand Creek Flats1 Bedroom1BR,1BA$1,400

Best Value Apartments for Rent in Cologne, MN and Nearby

As of August 08, 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 2 bedrooms Model at Carver Oaks starting at $1,330 with a $1.11 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
Carver Oaks2 bedrooms2BR,2BA$1.11
Chaska Place ApartmentsRed Maple2BR,2BA$1.91
Highland Shores ApartmentsFloorplan H1BR,1BA$1.61
Barbary Knoll Apartments1 bd + Den Balcony1BR,1BA$1.43
Arlington Ridge Apartments2 Bedroom2BR,1BA$1.52
Sun Lake & Sun Lake WoodsElm1BR,1BA$1.89
Crosstown Commons - Income Guidelines Apply2 Bedroom2BR,1BA$1.76
Hickory Grove Apartments1 Bedroom/1 Bath Apartment/Pantry Apartment1BR,1BA$1.90
Belle CourtUnit A1111BR,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.

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

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Frequently Asked Questions about Cologne

What type of rentals are currently available in Cologne?

There are currently 52 Apartments for Rent in Cologne, MN with pricing that ranges from $655 to $3,890. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cologne ranging from $1,200 to $15,000.

What is the current price range for Rental Homes in Cologne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cologne ranges from $1,200 to $15,000 with an average monthly rent of $2,989.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.