
Apartments for Rent in Owatonna, MN (84 Rentals)


Cedar View Apartments

Total Monthly Price
West Lake Meadows

Total Monthly Price
Coopers Court

Total Monthly Price
The Pearl

South Pointe II Apartments

111 Vine Apartments

Total Monthly Price
ASCEND

Park Plaza Apartments

The Pointe @ Merchant Square
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Park Village Apartments

Aire

Chambers Apartments

Total Monthly Price
207 W Holly St, Unit Apt B Downstairs Unit

Total Monthly Price
139 W Front St, Unit 139 W. Front St. Upper

Total Monthly Price
113 N Cedar Ave, Unit Apt 3

436 Glendale St

1765 3rd Ave NE, Unit B

513 N Oak Ave, Unit 1/2

135 Franklin Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

134 W University St

1208 3rd Ave NE

223 Highland Ave

101 Elm St

1109 1st Ave NW

530 6th St NW

23619 180th St

551 French Ln

107 Main St E

504 16th St NE
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

501 1st St W

1554 Independence Dr

703 St Olaf Ave W

809 1st St W

1792 Brandt Dr NE

303 Main St E

424 Bridge Ave

701 Water St

930 S Broadway Ave

26245 800th Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

720 10th St SW

1111 4th St NW

912 2nd Ave NE

1207 9th St NE

126 Clinton St

2113 Oakland Ave E

705 10th St NE

1005 1st Ave SW

401 3rd Ave SW

3306 11th St NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Owatonna, MN Local Guide

How much does it cost to rent an apartment in Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owatonna Studio Apartments | $1,141 | $1,020 | $1,235 |
| Owatonna 1 Bedroom Apartments | $1,296 | $1,100 | $1,580 |
| Owatonna 2 Bedroom Apartments | $1,504 | $1,075 | $2,830 |
| Owatonna 3 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
How much does it cost to rent a home in Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,359 | $1,100 | $1,995 |
| 3 Bedroom Homes | $2,045 | $1,250 | $3,600 |
| 4 Bedroom Homes | $2,270 | $1,495 | $3,249 |
| 6 Bedroom Homes | $3,200 | $3,200 | $3,200 |
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Owatonna, MN
Owatonna Summer School 7-8
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Owatonna, MN
Frequently Asked Questions about Owatonna
What is the current pricing and availability for apartments for rent in Owatonna, MN?
As of today, August 24, 2026, there are currently 84 available Owatonna apartments priced from $1,020 to $2,830, with an average monthly rent of $1,378.
What Owatonna neighborhoods have the most available apartments?
There are 1 neighborhoods in the Owatonna area with available listings as of today. The three neighborhoods with the most options are Fair Park with 54 listings, Downtown Owatonna with 53 listings, and Downtown Faribault with 47 listings.
What is the current price range for One Bedroom Owatonna Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Owatonna ranges from $1,100 to $1,580 with an average monthly rent of $1,296.
What does renting a Two Bedroom Apartment in Owatonna cost?
The monthly rent prices of Two Bedroom Apartments currently available in Owatonna range from $1,075 to $2,830. Today's average rental price for Two Bedrooms here is $1,504.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.