416 7th St NW
FaribaultMN55021
Cheap Apartments for Rent in the Cottage Grove Neighborhood of Faribault, MN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cottage Grove area of Faribault.
603 1st St SW
FaribaultMN55021
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$975 - $1,350
Plus Fees
1 to 3 Bedroom Apartments Available NowFour Seasons Apartments
1250 Autumn DrFaribault, MN 55021
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Rent Specials
$1,000 - $1,945
Plus Fees
Studio to 2 Bedroom Apartments Available NowStraight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
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.
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$1,030 - $1,450
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTown's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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$1,040 - $1,540
Plus Fees
Studio to 2 Bedroom Apartments Available NowHillside Apartments
10 Division St WFaribault, MN 55021
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$1,118
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 31Total Monthly Price
Base Rent
$1,099
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Faribo Apartments
123 2nd St NWFaribault, MN 55021
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$1,150 - $1,695
Plus Fees
1 to 3 Bedroom Apartments Available Jun 1Trails Edge Apartments LLC
715 Central AveFaribault, MN 55021
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.
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2 Bedroom Apartments
838 & 848 9th Avenue
838 9th Ave SWFaribault, MN 55021
Showing Results 1-9, Page 1 of 1
Cottage Grove, Faribault, MN Local Guide
How much does it cost to rent an apartment in Cottage Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cottage Grove Studio Apartments | $946 | $750 | $1,090 |
| Cottage Grove 1 Bedroom Apartments | $1,245 | $975 | $1,440 |
| Cottage Grove 2 Bedroom Apartments | $1,440 | $975 | $1,945 |
| Cottage Grove 3 Bedroom Apartments | $1,547 | $1,350 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Cottage Grove Neighborhood of Faribault, MN.
See all Apartments in FaribaultExplore Faribault
Cottage Grove, Faribault, MN Local Guide
- Nearby Faribault neighborhoods
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Cheapest Available Cottage Grove Apartments for Rent
The cheapest available apartment rental in the Cottage Grove area of Faribault, MN is a 1 Bed unit found at Four Seasons Apartments priced from $975. Town's Edge Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here are the most affordable Cottage Grove apartments for rent in Faribault, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,140 |
Best Value Apartments for Rent in Cottage Grove, MN
As of May 27, 2026 the best value apartment in the Cottage Grove area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Cottage Grove apartment is the 2/1 Model at River Trail 901 starting at $1,295 with a $1.30 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Cottage Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| River Trail 901 | 2/1 | 2BR,1BA | $1.30 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| Midwest Flats | 1BR/1.0BA | 1BR,1BA | $1.95 |
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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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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Pet Friendly LifestyleCottage Grove, Faribault, MN
Ranked #4
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Cottage Grove, Faribault, MN
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Faribault. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Cottage Grove Apartments
How much is rent for a Cheap One Bedroom Cottage Grove Apartment?
The lowest price for a Cheap One Bedroom Cottage Grove Apartment is $975 at Four Seasons Apartments.
What is the lowest price for a Cheap Two Bedroom Cottage Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cottage Grove is starting from $1,170 at Town's Edge Place Apartments.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.