Real Estate Investing in Cottage Grove, Minnesota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 39,925 • Washington County

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Should you buy in Cottage Grove, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Cottage Grove, MN?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.5% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $402,307
Avg Monthly Rent $1,908
ZIP Codes 1

Investing in Cottage Grove Real Estate

Cottage Grove in Minnesota is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Cottage Grove is in that category.

Rents in Cottage Grove at $1,908/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Cottage Grove a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Minneapolis-St. Paul-Bloomington, MN-WI

Cottage Grove is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$402,307
Avg Monthly Rent
$1,908
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Cottage Grove, MN

Screen every ZIP in Cottage Grove

Filter Cottage Grove’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Cottage Grove, MN

Are rents high in Cottage Grove, MN?

Cottage Grove, MN rentals go for roughly $1,908/mo a month. That puts gross yield in solid territory relative to $402K acquisition costs.

What is the typical renter like in Cottage Grove, MN?

Cottage Grove, MN offers a stable renter base at the $1,908/mo rent level. Tenant turnover is reasonable for well-managed properties.

Are there empty rentals in Cottage Grove, MN?

Cottage Grove, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.

Which investment style suits Cottage Grove, MN?

A careful cash-flow rentals with hands-on management strategy Cottage Grove, MN best. The market produces stable results for that approach at the $402K price point.

How expensive is real estate in Cottage Grove, MN?

The median home value in Cottage Grove, MN is roughly $402K. That puts it reasonable relative to the MN statewide average.

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