Cottage Grove, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Cottage Grove short-term rental market based on reliable data.

Listings

11 / 21

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$45,099

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$391,506

Median Home Sale Price

Top Earners

$77,109

Top-Earners Revenue

Cottage Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cottage Grove.

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A

Very Investor friendly

Cottage Grove Regulations

STRs are clearly permitted citywide with a simple rental license and zoning compliance; no caps or heavy operational rules are mentioned, and the city’s tone is supportive relative to nearby restrictive cities.

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About Cottage Grove

Cottage Grove is a city 10 miles (16 km) south of Saint Paul in Washington County in the State of Minnesota. It lies on the north bank of the Mississippi River, north of the confluence with the St. Croix River. Cottage Grove and nearby suburbs form the southeast portion of Minneapolis-Saint Paul, the 16th-largest metropolitan area in the United States, with about 3.69 million residents. Its population was 38,839 at the 2020 census.The city is linked by U.S. Highways 10 and 61 and has a comfortable commute to both downtowns and the I-494 Strip in Bloomington. Once a rural township known for the state's first creameries and wheat production, the area was served by rail lines, river shipping, and grist mills. 3M has operated a production facility in Cottage Grove since 1947.

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