717 S Cedar Ave
OwatonnaMN55060
Cheap Apartments for Rent in the Downtown Owatonna Neighborhood of Owatonna, MN from $800 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Owatonna area of Owatonna.
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$975
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$975
Total Monthly Price
$975
145 South St, Unit B
145 South StOwatonna, MN 55060
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$1,025 - $1,625
Plus Fees
Studio to 2 Bedroom Apartments Available Mar 1111 Vine Apartments
111 Vine StOwatonna, MN 55060
234 E McKinley St
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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$1,095 - $1,250
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityClifton 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.
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$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
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$1,100 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Available Mar 1The Pearl
130 E Pearl StOwatonna, MN 55060
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1 to 3 Bedroom Apartments
Lincoln Square Apartments
435 16th St NEOwatonna, MN 55060
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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
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.
Showing Results 1-12, 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 | $1,048 | $800 | $1,235 |
| Downtown Owatonna 1 Bedroom Apartments | $1,346 | $1,095 | $1,680 |
| Downtown Owatonna 2 Bedroom Apartments | $1,444 | $975 | $2,425 |
| Downtown Owatonna 3 Bedroom Apartments | $1,785 | $1,675 | $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 12 rentals with your search options within a 2 mile radius of the Downtown Owatonna Neighborhood of Owatonna, MN.
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Downtown Owatonna, Owatonna, MN Local Guide
- Nearby Owatonna neighborhoods
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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 Academy Apartments priced from $1,125. Park Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. Here are the most affordable Downtown Owatonna apartments for rent in Owatonna, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Academy Apartments | One Bedroom A | 1BR,1BA | $1,125 |
| Park Village Apartments | 1bd/1ba + Den PV2 | 1BR,1BA | $1,170 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1,250 |
| ASCEND | 1B Wabena | 1BR,1BA | $1,450 |
| South Pointe II Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1,560 |
Best Value Apartments for Rent in Downtown Owatonna, MN
As of February 15, 2026 the best value apartment in the Downtown Owatonna area is the $1.23 price per square foot 3B Model at Park Plaza Apartments in the in the Downtown Owatonna neighborhood starting from $1,675. The second greatest value Downtown Owatonna apartment is the 1917 Hartle Ave Model at 1917 Hartle Ave, Unit Hartle starting at $1,100 with a $1.00 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. |
|---|---|---|---|
| Park Plaza Apartments | 3B | 3BR,2BA | $1.23 |
| 1917 Hartle Ave, Unit Hartle | 1917 Hartle Ave | 1BR,1BA | $1.00 |
| South Pointe II Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.49 |
| West Lake Meadows | 1 Bed 1 Bath Corner | 1BR,1BA | $1.66 |
| Park Village Apartments | 2bd/1ba PV1-1st Floor | 2BR,1BA | $1.53 |
| ASCEND | 1B Wabena | 1BR,1BA | $1.91 |
| 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.
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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.
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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 $1,125 at Academy 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 $1,220 at Park Village 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
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.