
Cheap Apartments for Rent in the Silverwood Neighborhood of Cottage Grove, MN from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silverwood area of Cottage Grove.


ReNew at the Grove

Grove80 Apartments

Woodland Park Apartments

Cottages of Cottage Grove

Hinton Heights

Woodmount 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.

The Legends of Cottage Grove 55+ Apartments

Red Rock Manor

Park Place I Apartments

Total Monthly Price
680 6th St

Ashland Apartments and Commercial Space

1104-1108 5th St

1245 4th St
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.

1237 4th St

670 4th St

650 4th St

1116 5th St

Pioneer Apartments

10 Pointe Apartments

Park Place II Apartments
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.
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 | $1,228 | $666 | $1,510 |
| Silverwood 1 Bedroom Apartments | $1,463 | $781 | $1,780 |
| Silverwood 2 Bedroom Apartments | $1,838 | $1,197 | $2,506 |
| Silverwood 3 Bedroom Apartments | $2,090 | $1,054 | $2,616 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Silverwood Neighborhood of Cottage Grove, MN.
See all Apartments in Cottage GroveExplore Cottage Grove
Silverwood, Cottage Grove, MN Local Guide
- Nearby Cottage Grove neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Silverwood Apartments for Rent
 The cheapest available apartment rental in the Silverwood area of Minneapolis, MN is a 2 Beds unit found at Woodland Park Apartments priced from $1,197. Red Rock Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here are the most affordable Silverwood apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Park Apartments | 2 Bedrooms 2 bathrooms Town Home | 2BR,2BA | $1,197 |
| Red Rock Manor | 1 Bedroom | 1BR,1BA | $1,260 |
| ReNew at the Grove | B1 | 2BR,1BA | $1,459 |
| The Aurilla Apartments | Ellipsis | 1BR,1BA | $1,596 |
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom H | 2BR,2BA | $1,713 |
Best Value Apartments for Rent in Silverwood, MN
As of January 26, 2026 the best value apartment in the Silverwood area is the $1.95 price per square foot 2 Bed 1.5 Bath Model at Hinton Heights in the in the Silverwood neighborhood starting from $1,984. The second greatest value Silverwood apartment is the 2 Bedrooms 2 bathrooms Town Home Model at Woodland Park Apartments starting at $1,197 with a $1.18 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 | $1.95 |
| Woodland Park Apartments | 2 Bedrooms 2 bathrooms Town Home | 2BR,2BA | $1.18 |
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom C | 2BR,2BA | $1.71 |
| ReNew at the Grove | B1 | 2BR,1BA | $1.48 |
| Grove80 Apartments | Hornell - A4 | 1BR,1BA | $2.26 |
| 680 6th St | 680 6th St | 1BR,1BA | $1.27 |
| The Aurilla Apartments | Couplet | 1BR,1BA | $2.28 |
| Red Rock Manor | 1 Bedroom | 1BR,1BA | $2.19 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.
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.
Best Local Schools in Silverwood, Cottage Grove, MN
Park Senior High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Silverwood Apartments
What is the price of a cheap apartment in Silverwood?
The cheapest apartment in Silverwood is Red Rock Manor which is listed at $1,260, while the average apartment in Silverwood costs $2,341.
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 2 regular apartments in Silverwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.