Owatonna MN Apartments
18 rentals
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Apartments For Rent Near Owatonna, MN
We found 5 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 decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,075 |
| Jan 2026 | $1,055 |
| Feb 2026 | $1,050 |
| Mar 2026 | $1,105 |
| Apr 2026 | $1,070 |
| May 2026 | $1,068 |
| Jun 2026 | $1,103 |
| Jul 2026 | $1,070 |
| Aug 2026 | $1,134 |
| Sep 2026 | $1,162 |
| Oct 2026 | $1,191 |
| Nov 2026 | $1,163 |
Average Rent By Bedroom and Home Type
In November 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 | $950 | $1,265 | $1,600 | $1,700 | $1,300 |
| Apartments and Condos | $625 | $1,300 | $1,600 | $1,700 | $1,300 |
| Houses | $850 | $1,500 | $1,500 | $1,850 | $1,600 |
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 $1,221 per month.
- When is the average rent for an apartment cheapest in Owatonna, MN?In 2025, the average rent for an apartment in Owatonna, MN was lowest in December when it was $1,075 per month.
- When is the average rent for an apartment most expensive in Owatonna, MN?In 2025, the average rent for an apartment in Owatonna, MN was highest in June 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 $908 per month. That is about $183 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Owatonna, MN?There are 19 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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