Apartments For Rent in Owatonna, MN

39 rentals

Apartments For Rent Near Owatonna, MN

We found 30 more apartments matching your filters just outside Owatonna

What Locals Say about Owatonna

  • Circleb46
    "This is a nice, quiet neighborhood with lots of young families with children. A lovely area. Very friendly people in this NE neighborhood. Safe to go for walks. Neighbors look out for each other. "
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  • d m
    "quiet, well maintained, family oriented neighborhood. nice parks and walking/biking trails good schools. "
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  • Ismael J.
    " Most of my neighbors have dogs and they dont bark at all its a great neighborhood.I think the only eyesour is that we get a lot more water on the subpump and you see alot of water running down the street."
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  • Julian R.
    "steele county free fair. Minnesota's largest county fair and free admission which is the only free county fair in Minnesota "
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  • bcat93
    "We have lived in this neighborhood for 3 years now and love every second of it. The neighborhood is perfectly located for kids as the elementary and middle school are very close and the high school isn't far either. Our area is also very quiet. No loud car sounds from busy roads. It's like country living, but being close to town!"
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  • Mskristine k.
    "I’ve lived in this neighborhood almost 10 years...we seriously couldn’t ask for a better neighborhood. "
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  • Nmunye
    "I have been living in this town almost all my life. My neighbors became like family and we all look out for one another. If your thinking about moving here I recommend it but it is a little boring not much to do for teenagers."
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  • circleb46
    "doesn't take long and we are in downtown Owatonna! Easy to find our street as we are right off of Rose Street. Rose street takes us directly to downtown! nice! "
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  • Sam P.
    "top of the hill, makes for nice sunsets. good neighbors, little traffic, a nice place to live. close to gas station, lake, and grocery stores."
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  • 1967sundog
    "I lived in the Rose Street, Owatonna, Mn area for 13 years. It is unique for there are family homes and rental apartments side by side "
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  • circleb46
    "Very friendly neighborhood! Absolutely love this area. Quiet streets. Neighbors look out for each other. Lived here in this area for almost 3 years and really like it! "
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  • Dvberg78
    "we've been lucky in this neighborhood to have good long-standing neighbors that we get along with I worry somewhat about the future as some of the houses in our area are becoming rental properties"
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  • Natasha A.
    "Wonderful Neighborhood! Great neighbors, Safe, Family Friendly, Close to parks, only 1 mile from scenic Downtown Owatonna. Beautiful wooded backyards with deer and great bird watching.Its a must see !"
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Average Rent Trends in Owatonna, MN

Rent in Owatonna, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$1,100
Nov 2025$1,150
Dec 2025$1,000
Jan 2026$1,000
Feb 2026$1,050
Mar 2026$1,200
Apr 2026$1,050
May 2026$1,050
Jun 2026$1,050
Jul 2026$1,100
Aug 2026$1,150
Sep 2026$1,200
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$949$1,200$1,650$1,850$1,175
Townhomes$950—$1,567—$950
Apartments and Condos$850$1,150$1,300—$1,150
Houses$850—$1,650$1,850$1,700
See more information about local market trends in Owatonna, MN

Frequently Asked Questions about Rentals in Owatonna, MN

  • What is the average rent of an apartment in Owatonna, MN?
    The average rent of an apartment in Owatonna, MN is $1,141 per month. This is about 41% lower than the national average.
  • When is the average rent cheapest in Owatonna, MN?
    In the last year, the average rent in Owatonna, MN was lowest in Dec 2025 when it was $1,000 per month.
  • When is the average rent most expensive in Owatonna, MN?
    In the last year, the average rent in Owatonna, MN was highest in Jun 2025 when it was $1,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Owatonna, MN?
    The average rent of a 1 bedroom apartment in Owatonna, MN is $949 per month. That is about $224 more than the cost of a studio apartment.
  • How many available rental listings are in Owatonna, MN?
    There are 37 available rental listings in Owatonna, MN.
  • What are some zip codes in Owatonna, MN?
    Owatonna, MN includes zip codes such as: 55060, 56046.
  • What are some cities near Owatonna, MN?
    Some nearby cities include: Hope, Medford, Claremont, Ellendale, Blooming Prairie. These cities may have more rental options to explore.

Browse Owatonna, MN homes by type

View this page in Spanish: Apartamentos en renta en los alrededores de Owatonna, MN - 148 Rentas | Trulia