109 E School St
OwatonnaMN55060
Cheap Apartments for Rent in the Downtown Owatonna Neighborhood of Owatonna, MN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Owatonna area of Owatonna.
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from $9501 to 2 Bedroom Apartments Contact Us For Availability
South Pointe Apartments
201 18th St SWOwatonna, MN 55060
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from $9501 to 2 Bedroom Apartments Contact Us For Availability
Clifton Apartments
1999 Hartle AveOwatonna, MN 55060
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Rent Specials
from $1,020Studio to 2 Bedroom Apartments Available Now
West Lake Meadows
1575 24th Ave NWOwatonna, MN 55060
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from $1,050Studio to 2 Bedroom Apartments Available Jun 23
111 Vine Apartments
111 Vine StOwatonna, MN 55060
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Showing Results 1-9, Page 1 of 1
Downtown Owatonna, Owatonna, MN Local Guide
Downtown Owatonna by Jon Platek is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Downtown Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Owatonna Studio Apartments | $976 | $700 | $1,135 |
| Downtown Owatonna 1 Bedroom Apartments | $1,377 | $950 | $1,600 |
| Downtown Owatonna 2 Bedroom Apartments | $1,706 | $1,050 | $2,550 |
| Downtown Owatonna 3 Bedroom Apartments | $1,625 | $1,625 | $1,625 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Owatonna Neighborhood of Owatonna, MN.
See all Apartments in OwatonnaExplore Owatonna
Downtown Owatonna, Owatonna, MN Local Guide
- Nearby Owatonna neighborhoods
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Cheapest Available Downtown Owatonna Apartments for Rent
The cheapest available apartment rental in the Downtown Owatonna area of Owatonna, MN is a 1 Bed unit found at Lincoln Square Apartments priced from $885. Park Village 1 and Park Village 2 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,220. Here are the most affordable Downtown Owatonna apartments for rent in Owatonna, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $885 |
| Park Village 1 and Park Village 2 | pkv2250 2bd/1ba | 2BR,1BA | $1,220 |
| Coopers Court | Two Bedroom A | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Downtown Owatonna, MN
As of April 14, 2025 the best value apartment in the Downtown Owatonna area is the $1.14 price per square foot 345 Allan Ave Model at 345 Allan Ave, Unit #2 in the in the Downtown Owatonna neighborhood starting from $1,250. The second greatest value Downtown Owatonna apartment is the 2 Bedroom 1 Bath A Model at West Lake Meadows starting at $1,470 with a $1.42 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Downtown Owatonna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 345 Allan Ave, Unit #2 | 345 Allan Ave | 2BR,1BA | $1.14 |
| West Lake Meadows | 2 Bedroom 1 Bath A | 2BR,1BA | $1.42 |
| Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
| The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.59 |
| Park Village 1 and Park Village 2 | pkv114 2bd/1ba Upper | 2BR,1BA | $1.53 |
| ASCEND | 1B Wabena | 1BR,1BA | $1.81 |
| Coopers Court | Two Bedroom A | 2BR,1BA | $1.84 |
| Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $1.42 |
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Pet Friendly LifestyleDowntown Owatonna, Owatonna, MN
Ranked #1
Among neighborhoods in Owatonna, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Owatonna, Owatonna, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Owatonna Apartments
What is the price of a cheap apartment in Downtown Owatonna?
The cheapest apartment in Downtown Owatonna is Lincoln Square Apartments which is listed at $885, while the average apartment in Downtown Owatonna costs $1,625.
What types of apartments are the cheapest in Downtown Owatonna?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Downtown Owatonna that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.