Home prices
The price of the median home in Cologne is $242,000. In comparison to other places in this area this is approximately $44,060 (15%) lower.In comparison to the entire country it is approximately $24,500 (11%) higher, and compared to the city of Minneapolis it is roughly $9,600 (3%) lower.
Rents
The median monthly rent in Cologne is $681. It is roughly $579 (45%) lower in comparison to other places in this area.In comparison to the country as a whole it is about $381 (35%) lower, and it is roughly $346 (33%) lower in comparison to the city of Minneapolis.
Nearby places
Waconia
Waconia is roughly 4 miles north of Cologne. Its housing prices are a bit more expensive. The median home in Waconia costs $303,700, which comes out to $61,700 (20%) higher than Cologne. Its rents are a little more expensive. The median monthly rent in Waconia is $962, which works out to $281 (29%) higher than Cologne.
Norwood Young America
Norwood Young America is approximately 5 miles west from Cologne. The real estate prices there are somewhat less expensive. The price of the median home in Norwood Young America is $187,800, which is $54,200 (28%) lower than Cologne. Its rents are a little more expensive. In Norwood Young America the median monthly rent is $922, which comes out to $241 (26%) higher than Cologne.
Carver
Carver is roughly 6 miles east from Cologne. The real estate prices there are a little more expensive. The value of the median home in Carver is $337,500, which comes out to $95,500 (28%) higher than Cologne. Rents there are a lot more expensive. In Carver the median rent is $2,429 per month, which is $1,748 (71%) higher than Cologne.
Hamburg
Hamburg is roughly 7 miles west of Cologne. The housing prices there are a lot less expensive. The median home value in Hamburg is $173,900, which works out to $68,100 (39%) lower than Cologne. The rent there is pretty similar. Hamburg's median rent is $702 a month, which comes out to $21 (2%) higher than Cologne.
Victoria
Victoria is about 8 miles northeast of Cologne. Housing prices there are substantially more expensive. The median home in Victoria is valued at $427,400, which is $185,400 (43%) higher than Cologne. The rent there is substantially more expensive. The median monthly rent in Victoria is $1,285, which works out to $604 (47%) higher than Cologne.
