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$1,020 - $1,560
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityAire
525 Hillcrest Ave SEOwatonna, MN 55060
Cheap Apartments for Rent in the Downtown Owatonna Neighborhood of Owatonna, MN from $905 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Owatonna area of Owatonna.
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$1,025 - $1,625
Plus Fees
Studio to 2 Bedroom Apartments Available Now111 Vine Apartments
111 Vine StOwatonna, MN 55060
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$1,075
Plus Fees
2 Bedroom Apartments Available Oct 10Chambers Apartments
219-227 S Chambers AveOwatonna, MN 55060
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Rent Specials
$1,095 - $1,895
Plus Fees
Studio to 3 Bedroom Apartments Available NowCedar View Apartments
2575 N Cedar AveOwatonna, MN 55060
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$1,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
113 N Cedar Ave, Unit Apt 3
113 N Cedar AveOwatonna, MN 55060
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$1,140 - $1,690
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,100 - $1,650
Required Monthly Fees
$40
Total Monthly Price
$1,140 - $1,690
The Pearl
130 E Pearl StOwatonna, MN 55060
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$1,150 - $1,525
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySouth Pointe Apartments
201 18th St SWOwatonna, MN 55060
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$1,1502 Bedroom Apartments Available Sep 25
135 Franklin Ave
135 Franklin AveOwatonna, MN 55060
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1208 3rd Ave NE
OwatonnaMN55060
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$1,160 - $1,610
Plus Fees
Studio to 2 Bedroom Apartments Available Sep 1South Pointe II Apartments
175 18th St SWOwatonna, MN 55060
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$1,175 - $1,645
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,175 - $1,645
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West Lake Meadows
1575 24th Ave NWOwatonna, MN 55060
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$1,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,200
Total Monthly Price
$1,200
207 W Holly St, Unit Apt B Downstairs Unit
207 W Holly StOwatonna, MN 55060
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$1,220
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Oct 11Park Village Apartments
2250 N Cedar AveOwatonna, MN 55060
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$1,2502 Bedroom Apartments Available Now
513 N Oak Ave, Unit 1/2
513 N Oak AveOwatonna, MN 55060
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$1,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,250
Total Monthly Price
$1,250
139 W Front St, Unit 139 W. Front St. Upper
139 W Front StOwatonna, MN 55060
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$1,319 - $1,354
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $1,335
Required Monthly Fees
$19
Total Monthly Price
$1,319 - $1,354
Coopers Court
614 W Bridge StOwatonna, MN 55060
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.
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$1,330 - $1,495
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1 to 2 Bedroom Apartments Available NowThe Pointe @ Merchant Square
325 Florence AveOwatonna, MN 55060
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$1,3502 Bedroom Apartments Available Now
1765 3rd Ave NE, Unit B
1765 3rd Ave NEOwatonna, MN 55060
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$1,430
Plus Fees
2 Bedroom Apartments Available Oct 5Park Plaza Apartments
310 Allan AveOwatonna, MN 55060
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$1,580 - $2,830
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,540 - $2,790
Required Monthly Fees
$40
Total Monthly Price
$1,580 - $2,830
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210 N Oak AveOwatonna, MN 55060
436 Glendale St
OwatonnaMN55060
134 W University St
OwatonnaMN55060
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1 to 3 Bedroom Apartments
Lincoln Square Apartments
435 16th St NEOwatonna, MN 55060
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2 to 3 Bedroom Apartments
Heather Court Apartments
635-639 Hilltop AveOwatonna, MN 55060
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.
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1 to 2 Bedroom Apartments
909 E Vine St
909 Vine St EOwatonna, MN 55060
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1 to 2 Bedroom Apartments
Crestwood Apartments
216 12th St NEOwatonna, MN 55060
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Studio Apartments
111 Vine
111 W Vine StOwatonna, MN 55060
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1 to 2 Bedroom Apartments
Clifton Apartments
1999 Hartle AveOwatonna, MN 55060
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1 to 2 Bedroom Apartments
Summit Manor Apartments
166 22nd St NWOwatonna, MN 55060
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1 to 2 Bedroom Apartments
Academy Apartments
706 E Academy StOwatonna, MN 55060
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2 Bedroom Apartments
North View Apartments
250 21st St NwOwatonna, MN 55060
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1 to 2 Bedroom Apartments
Parkview Apartments
633 Agnes StOwatonna, MN 55060
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 to 2 Bedroom Apartments
Apartments on Mound
660 Mound StOwatonna, MN 55060
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1 to 3 Bedroom Apartments
The Gateway
325 Hoffman DrOwatonna, MN 55060
223 Highland Ave
OwatonnaMN55060
Showing Results 1-35, Page 1 of 1
Downtown Owatonna, 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 Downtown Owatonna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Owatonna Studio Apartments | $1,141 | $1,020 | $1,235 |
| Downtown Owatonna 1 Bedroom Apartments | $1,296 | $1,100 | $1,580 |
| Downtown Owatonna 2 Bedroom Apartments | $1,504 | $1,075 | $2,830 |
| Downtown Owatonna 3 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Owatonna Neighborhood of Owatonna, MN.
See all Apartments in OwatonnaExplore Owatonna
Downtown Owatonna, Owatonna, MN Local Guide
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Cheapest Available Downtown Owatonna Apartments for Rent
The cheapest available apartment rental in the Downtown Owatonna area of Owatonna, MN is a 1 Bed unit found at Lincoln Square Apartments priced from $905. Summit Manor Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Downtown Owatonna apartments for rent in Owatonna, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $905 |
| Summit Manor Apartments | 2BR/1.0BA | 2BR,1BA | $1,100 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,195 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1,310 |
| Coopers Court | Two Bedroom A | 2BR,1BA | $1,319 |
| The Pointe @ Merchant Square | 1BR/1.0BA | 1BR,1BA | $1,330 |
Best Value Apartments for Rent in Downtown Owatonna, MN
As of August 24, 2026 the best value apartment in the Downtown Owatonna area is the $1.25 price per square foot 139 W Front St Model at 139 W Front St, Unit 139 W. Front St. Upper in the in the Downtown Owatonna neighborhood starting from $1,250. The second greatest value Downtown Owatonna apartment is the 207 W Holly St Model at 207 W Holly St, Unit Apt B Downstairs Unit starting at $1,200 with a $1.33 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Downtown Owatonna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 139 W Front St, Unit 139 W. Front St. Upper | 139 W Front St | 2BR,1BA | $1.25 |
| 207 W Holly St, Unit Apt B Downstairs Unit | 207 W Holly St | 1BR,1BA | $1.33 |
| The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.58 |
| Summit Manor Apartments | 2BR/1.0BA | 2BR,1BA | $1.42 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1.70 |
| The Pointe @ Merchant Square | 1BR/1.0BA | 1BR,1BA | $1.89 |
| Coopers Court | Two Bedroom A | 2BR,1BA | $1.88 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio ,1BA | $1.84 |
| Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $1.45 |
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.
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Real 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.
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Pet Friendly LifestyleDowntown Owatonna, Owatonna, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Owatonna, Owatonna, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Owatonna Apartments
How much is rent for a Cheap One Bedroom Downtown Owatonna Apartment?
The lowest price for a Cheap One Bedroom Downtown Owatonna Apartment is $905 at Lincoln Square Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Owatonna Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Owatonna is starting from $1,100 at Summit Manor Apartments.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.