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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
88%
12%
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 Market95
Sale-to-List Ratio1.0%
Price Drops32.7%
Homes Sold44
Active Inventory107
Price Per Sq Ft$207

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units13,413
Median Year Built1988
Rent Burden33.0%