703 SW Delaware St
LonsdaleMN55046
Cheap Homes for Rent in Owatonna, MN from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Owatonna.
702 E Main St
Albert LeaMN56007
1009 3rd Ave NW
AustinMN55912
109 8th St NW
AustinMN55912
204 Grove St NW
BrownsdaleMN55918
301 Butler Dr
AustinMN55912
800 12th Ave NW
AustinMN55912
909 8th Ave NW
AustinMN55912
1501 7th Ave NW
AustinMN55912
301 27th St SW
AustinMN55912
2006 SE Marshall St
Albert LeaMN56007
907 1st Ave SW
AustinMN55912
905 1st Ave SW
AustinMN55912
111 W School St
OwatonnaMN55060
1206 10th St NE
AustinMN55912
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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 Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owatonna 2 Bedroom Homes for Rent | $1,250 | $925 | $2,500 |
| Owatonna 3 Bedroom Homes for Rent | $2,066 | $1,200 | $6,000 |
| Owatonna 4 Bedroom Homes for Rent | $1,714 | $750 | $2,200 |
| Owatonna 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Top Homes for Rent in Owatonna
Explore Owatonna
Owatonna, MN Local Guide
- Owatonna Neighborhoods
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Cheapest Neighborhoods for Apartments in Owatonna, MN
Pricing Updated: 04/13/2025Current apartment rentals in the Owatonna, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Owatonna Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Owatonna | $1,512 | $700 | 44 |
Cheapest Available Owatonna Apartments for Rent and Nearby
The cheapest available apartment rental in Owatonna, MN is a 1 Bed unit found at Lincoln Square Apartments in the Downtown Owatonna neighborhood priced from $885. Park Village 1 and Park Village 2 in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,220. Here is today’s list of the most affordable Owatonna apartments for rent:
| 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 |
| The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1,345 |
| ASCEND | 1B Wabena | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Owatonna, MN and Nearby
As of April 13, 2025 the best value apartment in the 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 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 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 Owatonna
What type of rentals are currently available in Owatonna?
There are currently 45 Apartments for Rent in Owatonna, MN with pricing that ranges from $700 to $2,550. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owatonna ranging from $750 to $6,000.
What is the current price range for Rental Homes in Owatonna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Owatonna ranges from $750 to $6,000 with an average monthly rent of $1,506.
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.