Cheap Apartments for Rent in the Cottage Grove Neighborhood of Faribault, MN from $975 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cottage Grove area of Faribault.

property at 327 8th St NW

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Oct 10

327 8th St NW

FaribaultMN55021

Rent According to Income: A Look at Income-Restricted Rentals

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The Faribo Apartments
$1,118 - $1,244
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $1,225
Required Monthly Fees
$19

Total Monthly Price
$1,118 - $1,244
1 to 2 Bedroom Apartments Available Now

The Faribo Apartments

123 2nd St NWFaribault, MN 55021
  • Verified
property at 104 8th St NW

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

104 8th St NW

FaribaultMN55021
property at 1109 1st Ave NW

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1109 1st Ave NW

FaribaultMN55021

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Midwest Flats
Studio to 2 Bedroom Apartments

Midwest Flats

429 8th Ave NWFaribault, MN 55021
  • Utilities Included

Cottage Grove, Faribault, MN Local Guide

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 $1,033. Here are the most affordable Cottage Grove apartments for rent in Faribault, MN:

Apartment ListingModel NameBed/BathPriced From
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,033
The Faribo ApartmentsOne Bedroom A1BR,1BA$1,118
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1,250
Heritage Bluff Apartments2 BD/1 BA (990 sq ft)2BR,1BA$1,345

Best Value Apartments for Rent in Cottage Grove, MN

As of August 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 3 BD/2 BA Model at Heritage Bluff Apartments starting at $1,695 with a $1.53 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Straight River Apartments, LLC2 Bedroom 2 Bath + Den2BR,2BA$1.50
Heritage Bluff Apartments3 BD/2 BA3BR,2BA$1.53
Hillside ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.38
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1.55
Four Seasons ApartmentsBeautiful Two Bedroom Apartment Home2BR,1BA$1.62
Town's Edge Place Apartments1 Bedroom1BR,1BA$1.40
Trails Edge Apartments1 BD/1 BA (714 sq ft)1BR,1BA$1.61
The Faribo ApartmentsOne Bedroom A1BR,1BA$1.85

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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Pet Friendly Lifestyle
Cottage Grove, Faribault, MN

Ranked #4

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,200 at Four Seasons Apartments.

What is the most affordable Cottage Grove Three Bedroom Apartment?

The best deal on a cheap Cottage Grove Three Bedroom Apartment rental is at Four Seasons Apartments and starts from $1,350.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.