Search the lowest-cost Apartments available for rent right now in the Silverwood area of Cottage Grove.
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.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silverwood Studio Apartments | $1,475 | $1,408 | $1,533 |
| Silverwood 1 Bedroom Apartments | $1,632 | $1,558 | $1,728 |
| Silverwood 2 Bedroom Apartments | $1,817 | $878 | $2,536 |
| Silverwood 3 Bedroom Apartments | $1,863 | $1,054 | $2,686 |
There are currently 20 rentals with your search options within a 2 mile radius of the Silverwood Neighborhood of Cottage Grove, MN.
See all Apartments in Cottage GroveThe cheapest available apartment rental in the Silverwood area of Minneapolis, MN is a 2 Beds unit found at Park Place I Apartments priced from $878. Grove80 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,503. Here are the most affordable Silverwood apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $878 |
| Grove80 Apartments | Cedarhurst - S4 | Studio,1BA | $1,503 |
| The Aurilla Apartments | Ellipsis | 1BR,1BA | $1,601 |
| Hinton Heights | 2 Bed 1.5 Bath | 2BR,1BA | $1,664 |
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom P | 2BR,2BA | $1,713 |
As of May 07, 2026 the best value apartment in the Silverwood area is the $1.63 price per square foot 2 Bed 1.5 Bath Model at Hinton Heights in the in the Silverwood neighborhood starting from $1,664. The second greatest value Silverwood apartment is the Two Bedroom C Model at The Legends of Cottage Grove 55+ Apartments starting at $1,713 with a $1.71 price per square foot in the Silverwood neighborhood. Here is today’s list of the best values for Silverwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hinton Heights | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.63 |
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom C | 2BR,2BA | $1.71 |
| The Aurilla Apartments | Couplet | 1BR,1BA | $2.25 |
| Grove80 Apartments | Hyde - A7 | 1BR,1BA | $2.52 |
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $1.33 |
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 ArticleFrom 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 ArticleThe 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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The cheapest apartment in Silverwood is The Aurilla Apartments which is listed at $1,601, while the average apartment in Silverwood costs $1,883.
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Silverwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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