111 W School St
OwatonnaMN55060
Cheap Homes for Rent in Downtown Owatonna Neighborhood of Owatonna, MN from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Owatonna area of Owatonna.
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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 a home in Downtown Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Owatonna 3 Bedroom Homes for Rent | $1,350 | $1,200 | $1,500 |
| Downtown Owatonna 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Owatonna Neighborhood of Owatonna, MN.
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Downtown Owatonna, Owatonna, MN Local Guide
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Best Value Apartments for Rent in Downtown Owatonna, MN
As of April 12, 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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Frequently Asked Questions about Downtown Owatonna
What type of rentals are currently available in Downtown Owatonna?
There are currently 45 Apartments for Rent in Downtown Owatonna, MN with pricing that ranges from $700 to $2,550. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Owatonna ranging from $1,200 to $1,600.
What is the current price range for Rental Homes in Downtown Owatonna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Owatonna ranges from $1,200 to $1,600 with an average monthly rent of $1,475.
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.