Much like other places in this area, it's a bit more expensive compared to the rest of the country. It is close to average compared to the city of Minneapolis.
Home prices
Cottage Grove's median home value is $249,800. This is about $9,700 (4%) higher in comparison to the surrounding areas.It is approximately $32,300 (14%) higher in comparison to the US as a whole, and it is is very similar compared to the city of Minneapolis.
Rents
The median rent in Cottage Grove is $1,342 per month. It is approximately $212 (18%) higher compared to nearby areas.It is approximately $280 (26%) higher compared to the rest of the country, and is about $315 (30%) higher in comparison to the city of Minneapolis.
Nearby places
St. Paul Park
St. Paul Park is Cottage Grove's neighbor to the northwest. The real estate prices there are somewhat less expensive. The price of the median home in St. Paul Park is $191,800, which comes out to $58,000 (30%) lower than Cottage Grove. Its rents are somewhat less expensive. St. Paul Park's median rent is $1,130 a month, which is $212 (18%) lower than Cottage Grove.
Newport
Newport is Cottage Grove's neighbor to the northwest. The real estate prices there are somewhat less expensive. Newport's median home cost is $216,300, which works out to $33,500 (15%) lower than Cottage Grove. Rent there is substantially less expensive. Newport's median monthly rent is $901, which is $441 (48%) lower than Cottage Grove.
Inver Grove Heights
Inver Grove Heights is Cottage Grove's neighbor to the west. The real estate prices there are pretty similar. Inver Grove Heights's median home value is $254,500, which works out to $4,700 (1%) higher than Cottage Grove. The rent there is a bit less expensive. In Inver Grove Heights the median monthly rent is $1,142, which works out to $200 (17%) lower than Cottage Grove.
Woodbury
Woodbury is Cottage Grove's neighbor to the north. The housing prices there are a bit more expensive. The cost of the median home in Woodbury is $323,000, which is $73,200 (22%) higher than Cottage Grove. Its rents are somewhat more expensive. The median rent in Woodbury is $1,525 per month, which is $183 (12%) higher than Cottage Grove.
Hastings
Hastings is approximately 6 miles southeast of Cottage Grove. The housing prices there are a bit less expensive. The median home in Hastings is valued at $214,900, which comes out to $34,900 (16%) lower than Cottage Grove. Its rents are substantially less expensive. The median rent in Hastings is $950 per month, which is $392 (41%) lower than Cottage Grove.
