Owatonna MN Apartments
21 rentals
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Apartments For Rent Near Owatonna, MN
We found 3 more apartments matching your filters just outside Owatonna
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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 for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,101 |
| Aug 2025 | $1,171 |
| Sep 2025 | $1,119 |
| Oct 2025 | $1,167 |
| Nov 2025 | $1,121 |
| Dec 2025 | $1,075 |
| Jan 2026 | $1,055 |
| Feb 2026 | $1,050 |
| Mar 2026 | $1,107 |
| Apr 2026 | $1,070 |
| May 2026 | $1,068 |
| Jun 2026 | $1,103 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,000 | $1,250 | $1,895 | — | $1,150 |
| Apartments and Condos | $1,000 | $1,250 | — | — | $1,000 |
| Houses | — | $1,400 | $1,895 | — | $1,400 |
Frequently Asked Questions about Apartments and Condos for rent in Owatonna, MN
- What is the average rent of an apartment in Owatonna, MN?The average rent of an apartment in Owatonna, MN is $1,103 per month. This is about 43% lower than the national average.
- When is the average rent for an apartment cheapest in Owatonna, MN?In the last year, the average rent in Owatonna, MN was lowest in Dec 2025 when it was $1,075 per month.
- When is the average rent for an apartment most expensive in Owatonna, MN?In the last year, the average rent in Owatonna, MN was highest in Jun 2025 when it was $1,265 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 $1,014 per month. That is about $214 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Owatonna, MN?There are 21 available apartments or condos to rent in Owatonna, MN.
- What are some zip codes in Owatonna, MN?
- 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.
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