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
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-Occupied | 89.7% |
| Renter-Occupied | 10.3% |
| Homeownership Rate | 89.7% |
| Total Housing Units | 806 |
| Median Year Built | 2003 |
| Rent Burden | 32.3% |
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