8776 Ironwood Ave S
Cottage GroveMN55016
Cheap Homes for Rent in Silverwood Neighborhood of Cottage Grove, MN from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Silverwood area of Cottage Grove.
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.
9200 Indian Blvd S
Cottage GroveMN55016
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.
8856 92nd St S
Cottage GroveMN55016
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Silverwood, Cottage Grove, MN Local Guide
How much does it cost to rent a home in Silverwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silverwood 2 Bedroom Homes for Rent | $1,830 | $1,600 | $1,950 |
| Silverwood 3 Bedroom Homes for Rent | $2,435 | $2,160 | $2,710 |
| Silverwood 4 Bedroom Homes for Rent | $2,643 | $2,595 | $2,734 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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
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Best Value Apartments for Rent in Silverwood, MN
As of June 22, 2026 the best value apartment in the Silverwood area is the $1.65 price per square foot Two Bedroom E Model at The Legends of Cottage Grove 55+ Apartments in the in the Silverwood neighborhood starting from $1,697. The second greatest value Silverwood apartment is the 2 Bedrooms 2 bathrooms Model at Woodland Park Apartments starting at $1,247 with a $1.23 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. |
|---|---|---|---|
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom E | 2BR,1BA | $1.65 |
| Woodland Park Apartments | 2 Bedrooms 2 bathrooms | 2BR,2BA | $1.23 |
| 1136 2nd Street, Unit 1136 | 1136 2nd Street | 2BR,1BA | $1.47 |
| Hinton Heights | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| The Aurilla Apartments | Octave | 1BR,1BA | $2.21 |
| Bluestem | Wild Indigo - One Bedroom | 1BR,1BA | $1.60 |
| Grove80 Apartments | Kingston - S3 | Studio ,1BA | $2.52 |
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 Article
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.
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.
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Best Local Schools in Silverwood, Cottage Grove, MN
Park Senior High School
South Washington County School Dist
Public School - Grades 9-12 (1938)
5 out of 10
School data provided by Great Schools
Frequently Asked Questions about Silverwood
What type of rentals are currently available in Silverwood?
There are currently 39 Apartments for Rent in Silverwood, MN with pricing that ranges from $1,029 to $2,851. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silverwood ranging from $1,600 to $2,734.
What is the current price range for Rental Homes in Silverwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silverwood ranges from $1,600 to $2,734 with an average monthly rent of $2,302.
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
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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.
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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.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.