Housing & Real Estate — Cottage Grove, Minnesota
Overview
| Total Housing Units | 14,038 |
|---|
| Occupied | 13,878 |
|---|
| Vacant | 160 |
|---|
| Owner-Occupied | 12,269 |
|---|
| Renter-Occupied | 1,609 |
|---|
| Median Home Value (Census) | $378,800 |
|---|
| Estimated 2026 | ~$427,000 |
|---|
| Median Rent | $1,644/mo |
|---|
| Median Property Tax | $3,994/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 16.3% |
|---|
| Severely Rent-Burdened | 45.1% |
|---|
Housing Age
| Built 2010 or later | 2,413 |
|---|
| Built 2000-2009 | 2,150 |
|---|
| Built 1990-1999 | 2,778 |
|---|
| Built before 1960 | 1,357 |
|---|
| Median Year Built | 1988 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
