
Cheap Apartments for Rent in Steele County, MN from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele County.


204 3rd Ave SE

South Pointe Apartments

Clifton Apartments
Steele County, MN Local Guide

How much does it cost to rent an apartment in Steele County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Steele County Studio Apartments | $976 | $700 | $1,135 |
Steele County 1 Bedroom Apartments | $1,363 | $900 | $1,600 |
Steele County 2 Bedroom Apartments | $1,706 | $1,050 | $2,550 |
Steele County 3 Bedroom Apartments | $1,562 | $1,500 | $1,625 |
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Cheapest Available Steele County Apartments for Rent
 The cheapest available apartment rental in Steele County, 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 $1,055. Here is today’s list of the most affordable Steele County 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 | pkv114 2bd/1ba Upper | 2BR,1BA | $1,055 |
Coopers Court | Two Bedroom A | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Steele County, MN
As of April 16, 2025 the best value apartment in the Steele County 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 Steele County 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 Steele County 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 |
Park Village 1 and Park Village 2 | pkv2250 2bd/1ba | 2BR,1BA | $1.38 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.59 |
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 |
Frequently Asked Questions about Cheap Steele County Apartments
What is the price of a cheap apartment in Steele County?
The cheapest apartment in Steele County is Lincoln Square Apartments which is listed at $885, while the average apartment in Steele County costs $1,562.
What types of apartments are the cheapest in Steele County?
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 Steele County 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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.