close
View Me
$1,025 - $1,625
Plus Fees
Studio to 2 Bedroom Apartments Available Now111 Vine Apartments
111 Vine StOwatonna, MN 55060
Cheap Apartments for Rent in Owatonna, MN from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Owatonna.
234 E McKinley St
OwatonnaMN55060
close
View Me
$1,055
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityChambers Apartments
219-227 S Chambers AveOwatonna, MN 55060
close
View Me
$1,095 - $1,250
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityClifton Apartments
1999 Hartle AveOwatonna, MN 55060
close
View Me
$1,100
Total Monthly Price6 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
1917 Hartle Ave, Unit Hartle
1917 Hartle AveOwatonna, MN 55060
close
View Me
$1,100 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Available Apr 1The Pearl
130 E Pearl StOwatonna, MN 55060
close
View Me
$1,115
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Apr 1Total Monthly Price
Base Rent
$1,115
Total Monthly Price
$1,115
213 E Mill St, Unit Apartment A
213 E Mill StOwatonna, MN 55060
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
Rent Specials
$1,125 - $1,595
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowWest Lake Meadows
1575 24th Ave NWOwatonna, MN 55060
close
View Me
$1,150 - $1,525
Plus Fees
1 to 2 Bedroom Apartments Available Apr 1South Pointe Apartments
201 18th St SWOwatonna, MN 55060
close
View Me
$1,160 - $1,610
Plus Fees
Studio to 2 Bedroom Apartments Available NowSouth Pointe II Apartments
175 18th St SWOwatonna, MN 55060
1208 3rd Ave NE
OwatonnaMN55060
close
View Me
1 to 3 Bedroom Apartments
Lincoln Square Apartments
435 16th St NEOwatonna, MN 55060
close
View Me
1 to 2 Bedroom Apartments
909 E Vine St
909 Vine St EOwatonna, MN 55060
close
View Me
1 to 2 Bedroom Apartments
Crestwood Apartments
216 12th St NEOwatonna, MN 55060
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
Studio Apartments
111 Vine
111 W Vine StOwatonna, MN 55060
close
View Me
1 to 2 Bedroom Apartments
Academy Apartments
706 E Academy StOwatonna, MN 55060
220 E 7th St
Albert LeaMN56007
207 E 4th St
Albert LeaMN56007
101 Elm St
ClaremontMN55924
702 E Main St
Albert LeaMN56007
close
View Me
1 to 3 Bedroom Apartments
204 3rd Ave SE
204 3rd Ave SEMedford, MN 55049
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.
821 Jefferson Ave
Albert LeaMN56007
Showing Results 1-22, Page 1 of 1
Owatonna, MN Local Guide
Downtown Owatonna by Jon Platek is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owatonna Studio Apartments | $1,178 | $1,025 | $1,250 |
| Owatonna 1 Bedroom Apartments | $1,366 | $1,095 | $1,705 |
| Owatonna 2 Bedroom Apartments | $1,490 | $1,055 | $2,425 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Owatonna
See all Apartments in OwatonnaExplore Owatonna
Owatonna, MN Local Guide
- Owatonna Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Owatonna, MN
Pricing Updated: 03/07/2026Current apartment rentals in the Owatonna, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Owatonna Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Owatonna | $1,510 | $1,025 | 15 |
Cheapest Available Owatonna Apartments for Rent and Nearby
The cheapest available apartment rental in Owatonna, MN is a 1 Bed unit found at Academy Apartments in the Downtown Owatonna neighborhood priced from $1,125. Cedar View Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Owatonna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Academy Apartments | One Bedroom A | 1BR,1BA | $1,125 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,250 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1,250 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom + Den | 1BR,1BA | $1,375 |
| ASCEND | 1B Wabena | 1BR,1BA | $1,530 |
Best Value Apartments for Rent in Owatonna, MN and Nearby
As of March 07, 2026 the best value apartment in the Owatonna area is the $1.00 price per square foot 1917 Hartle Ave Model at 1917 Hartle Ave, Unit Hartle in the in the Downtown Owatonna neighborhood starting from $1,100. The second greatest value Owatonna apartment is the Two Bedroom Two Bathroom Model at South Pointe II Apartments starting at $1,560 with a $1.49 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Owatonna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1917 Hartle Ave, Unit Hartle | 1917 Hartle Ave | 1BR,1BA | $1.00 |
| South Pointe II Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.49 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom + Den | 1BR,1BA | $1.64 |
| West Lake Meadows | 1 Bed 1 Bath Corner | 1BR,1BA | $1.66 |
| ASCEND | 1B Wabena | 1BR,1BA | $2.01 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $2.08 |
| Academy Apartments | One Bedroom A | 1BR,1BA | $1.86 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Let everyone know!
Do you know the Owatonna area?
If you’re an expert on all things Owatonna, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Owatonna, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Owatonna, MN Rentals by Map
See the most popular apartments and homes in Owatonna, MN
Frequently Asked Questions about Cheap Owatonna Apartments
How much is rent for a Cheap One Bedroom Owatonna Apartment?
The lowest price for a Cheap One Bedroom Owatonna Apartment is $1,125 at Academy Apartments.
What is the lowest price for a Cheap Two Bedroom Owatonna Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Owatonna is starting from $1,485 at West Lake Meadows.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.