Cottage Grove, MN
Full City Profile · Minnesota · Pierce County County
3.8
/5.0
B+
Good
40,124
Population
1,193/sq mi density
$121,452
Median Income
$47,794 per capita
$359,600
Home Value
$391,506 Zillow
$1,644
Median Rent
33.0% income on rent
46°F
Avg Temperature
270 sunny days/yr
77
Violent Crime/100K
1,572 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$121,452 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$359,600 home value, $1,644/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A
Education
4.1 / 5.0
39.3% bachelor's degree or higher
Housing Overview
Median Home Value
$359,600
28% above
US avg: $281,900
Median Rent
$1,644/mo
41% above
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
13,413
Median year built: 1988
Home Value by Source
Census Median
$359,600
Zillow (ZHVI)
$391,506
Median Sale Price
$430,050
Median List Price
$428,742
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.4%
Owner-Occupied
11.6%
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
Census median rent:
$1,644/mo
· Zillow rent:
$1,876/mo
Market Indicators (Redfin)
Median Days on Market
95 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
32.7%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
107
homes for sale
Affordability & Housing Stock
Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
88.4%
Complete Housing Data
Home Values
| Census Median Value | $359,600 |
| Zillow Home Value (ZHVI) | $391,506 |
| Median Sale Price | $430,050 |
| Median List Price | $428,742 |
| Price Per Sq Ft | $207 |
Rent
| Census Median Rent | $1,644 |
| Zillow Rent (ZORI) | $1,876 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 95 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 32.7% |
| Homes Sold | 44 |
| Active Inventory | 107 |
| Price Per Sq Ft | $207 |
Ownership & Stock
| Owner-Occupied | 88.4% |
| Renter-Occupied | 11.6% |
| Homeownership Rate | 88.4% |
| Total Housing Units | 13,413 |
| Median Year Built | 1988 |
| Rent Burden | 33.0% |
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