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Cologne, MN

Full City Profile · Minnesota · Carver County County

3.8 /5.0
B+ Good
2,146 Population 1,199/sq mi density
$117,344 Median Income $53,581 per capita
$356,600 Home Value $397,205 Zillow
44°F Avg Temperature 270 sunny days/yr
73 Violent Crime/100K 1,265 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$117,344 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$356,600 home value, /mo rent
F
Safety
1.0 / 5.0
73 violent crimes/100K
A
Education
4.4 / 5.0
43.0% bachelor's degree or higher

Housing Overview

Median Home Value
$356,600
26% above
US avg: $281,900
Homeownership Rate
89.7%
37% above US avg (65.4%)
Total Housing Units
806
Median year built: 2003

Home Value by Source

Census Median
$356,600
Zillow (ZHVI)
$397,205
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.7%
Owner-Occupied
10.3%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo

Affordability & Housing Stock

Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
89.7%

Complete Housing Data

Home Values

Census Median Value$356,600
Zillow Home Value (ZHVI)$397,205

Rent

FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Ownership & Stock

Owner-Occupied89.7%
Renter-Occupied10.3%
Homeownership Rate89.7%
Total Housing Units806
Median Year Built2003
Rent Burden32.3%