
Cheap Apartments for Rent in the Silverwood Neighborhood of Cottage Grove, MN from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silverwood area of Cottage Grove.


Hinton Heights

Grove80 Apartments
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Woodland Park Apartments

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Acclaim of Woodbury – Modern Living
Silverwood, Cottage Grove, MN Local Guide

How much does it cost to rent an apartment in Silverwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silverwood Studio Apartments | $1,316 | $666 | $1,455 |
Silverwood 1 Bedroom Apartments | $1,562 | $781 | $2,780 |
Silverwood 2 Bedroom Apartments | $1,907 | $1,349 | $2,860 |
Silverwood 3 Bedroom Apartments | $2,636 | $1,054 | $3,791 |
Silverwood 4 Bedroom Apartments | $3,700 | $3,650 | $3,750 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Silverwood Neighborhood of Cottage Grove, MN.
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Silverwood, Cottage Grove, MN Local Guide
- Nearby Cottage Grove neighborhoods
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Cheapest Available Silverwood Apartments for Rent
 The cheapest available apartment rental in the Silverwood area of Minneapolis, MN is a Studio unit found at Bluestem priced from $666. Woodland Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here are the most affordable Silverwood apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bluestem | Prairie Rose - Studio | Studio,1BA | $666 |
Woodland Park Apartments | 1 Bedroom 1 bathroom | 1BR,1BA | $989 |
Newport Ponds | 1BR/1.0BA | 1BR,1BA | $1,179 |
The Legends of Cottage Grove 55+ Apartments | One Bedroom A | 1BR,1BA | $1,431 |
Grove80 Apartments | Cedarhurst - S4 | Studio,1BA | $1,435 |
Best Value Apartments for Rent in Silverwood, MN
As of June 11, 2025 the best value apartment in the Silverwood area is the $2.09 price per square foot The Ridge | Single-Level Model at Acclaim of Woodbury – Modern Living in the in the Bailey's Arbor neighborhood starting from $3,050. The second greatest value Silverwood apartment is the B2 Model at Grove Ridge starting at $1,465 with a $1.43 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. |
---|---|---|---|
Acclaim of Woodbury – Modern Living | The Ridge | Single-Level | 3BR,2BA | $2.09 |
Grove Ridge | B2 | 2BR,1BA | $1.43 |
Cottages of Cottage Grove | 2 bedroom | 2BR,1BA | $1.68 |
Hinton Heights | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.82 |
The Legends of Cottage Grove 55+ Apartments | One Bedroom A | 1BR,1BA | $1.76 |
Woodland Park Apartments | 1 Bedroom 1 bathroom | 1BR,1BA | $1.30 |
The Aurilla Apartments | Ellipsis | 1BR,1BA | $2.38 |
Bluestem | Wild Indigo - One Bedroom | 1BR,1BA | $1.56 |
Newport Ponds | 1BR/1.0BA | 1BR,1BA | $1.81 |
Grove80 Apartments | Kingston - S3 | Studio ,1BA | $2.42 |
Quick 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.
Pet Friendly LifestyleSilverwood, Cottage Grove, MN
Ranked #3
Among neighborhoods in Cottage Grove, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Silverwood, Cottage Grove, MN
Park Senior High School
School data provided by Great Schools
Getting Around the Silverwood Neighborhood in Cottage Grove, MN
Walk Score®
6 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
17 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Silverwood Apartments
What is a cheap apartment in Silverwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Silverwood is under $2,850.
What is the price of a cheap apartment in Silverwood?
The cheapest apartment in Silverwood is Bluestem which is listed at $781, while the average apartment in Silverwood costs $3,700.
What types of apartments are the cheapest in Silverwood?
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 7 regular apartments in Silverwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Silverwood?
Cheap apartments in Silverwood have an average cost of $206 which is $3,494 cheaper than the average rent for all rentals in Silverwood.
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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