Cheap Apartments for Rent in the Cottage Grove Neighborhood of Faribault, MN from $900 (13 Rentals)

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

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.

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Village Green
1 to 3 Bedroom Apartments

Village Green

810 Conliffe Ave SWFaribault, MN 55021

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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418 6th St NW
2 Bedroom Apartments

418 6th St NW

418 6th St NWFaribault, MN 55021
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1234 4th St NW
2 Bedroom Apartments

1234 4th St NW

1234 4th St NWFaribault, MN 55021

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 Town's Edge Place Apartments priced from $975. Trails Edge Apartments LLC has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,250. Here are the most affordable Cottage Grove apartments for rent in Faribault, MN:

Apartment ListingModel NameBed/BathPriced From
Town's Edge Place Apartments1 Bedroom1BR,1BA$975
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1,250
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1,350
Riverchase Apartments2 Bedroom 1 Bath2BR,1BA$1,445
Heritage Bluff Apartments LLC3 bedroom 2 bathroom3BR,2BA$1,550

Best Value Apartments for Rent in Cottage Grove, MN

As of May 25, 2025 the best value apartment in the Cottage Grove area is the $1.04 price per square foot 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,250. The second greatest value Cottage Grove apartment is the 3 bedroom 2 bathroom Model at Heritage Bluff Apartments LLC starting at $1,550 with a $1.40 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.
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.04
Heritage Bluff Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.40
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1.37
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.40
Riverchase Apartments2 Bedroom 1 Bath2BR,1BA$1.63

Quick Rent Budget Calculator

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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 Lifestyle
Cottage Grove, Faribault, MN

Ranked #1

Among neighborhoods in Faribault, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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

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 $1,075 at Town's Edge Place 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 Trails Edge Apartments LLC and starts from $1,250.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.