What's the average rent in Owatonna, MN?
Rental Market Trends in Owatonna, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Owatonna, MN is $1,036 per month, which is 47% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,036
-5.8%-$64 decrease month-over-month
-5.8%-$64 decrease year-over-year
AVAILABLE RENTALS
29
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, townhomes are the most affordable rental option in Owatonna, MN at $950 per month, while houses are the most expensive at $1,400 per month. Apartments average $1,090 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,635 |
| 4 Bedrooms | — |
| All | $1,036 |
As of June 2026, the average rent for a 1 bedroom rental in Owatonna, MN is $950 per month, followed by $1,210 for a 2 bedroom rental, and $1,635 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $950 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $950 |
As of June 2026, the average rent for a 1 bedroom townhome in Owatonna, MN is $950 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,000 |
As of June 2026, the average rent for a 1 bedroom apartment in Owatonna, MN is $825 per month, followed by $1,200 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,400 |
As of June 2026, the average rent for a 2 bedroom house in Owatonna, MN is $1,400 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -12% compared to the previous year, which is a $150 decrease.
This year (2026)
Last year (2025)
Rent distribution
97% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $1,400.
