Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cologne area can be challenging. Home prices in Cologne are now at a median cost of $303,099, higher than the Minnesota average of $269,934.
The average cost of rent is $753/mo in Cologne, primarily driven by the current value of real estate in the Cologne area. While nearly 29.52% of residents own their homes outright in Cologne, 8.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cologne is $8,846 per month. Households that rent pay about 8.51% of their income on rent here. Cologne's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Norwood, MN: equally priced homes
- Waconia, MN: higher priced homes
- Gotha, MN: higher priced homes
- Norwood Young America, MN: less expensive homes
- Carver, MN: higher priced homes
- Young America, MN: higher priced homes
- East Union, MN: higher priced homes
- Victoria, MN: higher priced homes
- St. Bonifacius, MN: higher priced homes
- Chaska, MN: equally priced homes
Cities with Similar Populations
- North Falmouth, MA: higher priced homes
- Alexandria, OH: equally priced homes
- Angwin, CA: higher priced homes
- Beaver, WV: less expensive homes
- Beaverdam, VA: equally priced homes
- Bottineau, ND: less expensive homes
- Burns, OR: less expensive homes
- Cabool, MO: less expensive homes
- Danbury, TX: less expensive homes
- Kulpmont, PA: less expensive homes
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