Cologne, MN
Full City Profile · Minnesota · Carver County County
4.7
/5.0
A+
Excellent
2,146
Population
1,199/sq mi density
$117,344
Median Income
$53,581 per capita
$356,600
Home Value
$400,097 Zillow
44°F
Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.6 / 5.0
$117,344 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$356,600 home value, /mo rent
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)
$400,097
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) | $400,097 |
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% |