223 E Rose St, Unit East Rose Street Unit 2
223 E Rose St
OwatonnaMN55060
Cheap Apartments for Rent in Owatonna, MN from $900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Owatonna.
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$950 - $1,410
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySouth Pointe Apartments
201 18th St SWOwatonna, MN 55060
600 S Cedar Ave
OwatonnaMN55060
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$1,055
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityChambers Apartments
219-227 S Chambers AveOwatonna, MN 55060
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$1,065 - $1,535
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For Availability111 Vine Apartments
111 Vine StOwatonna, MN 55060
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$1,095 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowClifton Apartments
1999 Hartle AveOwatonna, 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.
605 Mosher Ave
OwatonnaMN55060
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Rent Specials
$1,125 - $1,735
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowWest Lake Meadows
1575 24th Ave NWOwatonna, MN 55060
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$1,135 - $1,560
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySouth Pointe II Apartments
175 18th St SWOwatonna, MN 55060
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$1,200 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityThe Pearl
130 E Pearl StOwatonna, MN 55060
416 S Cedar Ave
OwatonnaMN55060
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$1,209 - $1,259
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Nov 17Academy Apartments
706 E Academy StOwatonna, 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.
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$1,295 - $1,625
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Dec 1Coopers Court
614 W Bridge StOwatonna, MN 55060
717 S Cedar Ave
OwatonnaMN55060
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Cash 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.
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1003 12th Ave NE
AustinMN55912
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702 E Main St
Albert LeaMN56007
106 11th St NE
AustinMN55912
802 Harding Ave
Albert LeaMN56007
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.
709 13th St NE
AustinMN55912
738 W Front St
Albert LeaMN56007
121 Jaybee Ln
MankatoMN56001
Showing Results 1-27, 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 | $1,108 | $1,065 | $1,135 |
| Owatonna 1 Bedroom Apartments | $1,313 | $950 | $1,640 |
| Owatonna 2 Bedroom Apartments | $1,555 | $1,055 | $2,690 |
| Owatonna 3 Bedroom Apartments | $1,760 | $1,625 | $1,895 |
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
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Cheapest Neighborhoods for Apartments in Owatonna, MN
Pricing Updated: 10/22/2025Current 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 | $1,760 | $950 | 14 |
Cheapest Available Owatonna Apartments for Rent and Nearby
The cheapest available apartment rental in Owatonna, MN is a 1 Bed unit found at Park Village 1 and Park Village 2 in the Downtown Owatonna neighborhood priced from $1,170. Clifton Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 2 Beds 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 |
|---|---|---|---|
| Park Village 1 and Park Village 2 | pkv2250 1bd w/den/1ba | 1BR,1BA | $1,170 |
| Clifton Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,250 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $1,295 |
| West Lake Meadows | 2 Bed 1 Bath | 2BR,1BA | $1,540 |
| ASCEND | 1B Wabena | 1BR,1BA | $1,540 |
Best Value Apartments for Rent in Owatonna, MN and Nearby
As of October 22, 2025 the best value apartment in the Owatonna area is the $1.60 price per square foot 2 Bed 1 Bath Corner Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,725. The second greatest value Owatonna apartment is the 2 Beds, 1 bath Model at Clifton Apartments starting at $1,250 with a $1.56 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. |
|---|---|---|---|
| West Lake Meadows | 2 Bed 1 Bath Corner | 2BR,1BA | $1.60 |
| Clifton Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.56 |
| Park Village 1 and Park Village 2 | pkv114 2bd/1ba Upper | 2BR,1BA | $1.56 |
| ASCEND | 1B Wabena | 1BR,1BA | $2.02 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $2.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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.
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Best Local Schools in Owatonna, MN
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
Getting Around Owatonna, MN
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,170 at Park Village 1 and Park Village 2.
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 $1,220 at Park Village 1 and Park Village 2.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.