
Cheap Homes for Rent in Downtown Owatonna Neighborhood of Owatonna, MN from $1,100 (4 Rentals)
Cheap Homes in the Downtown Owatonna area of Owatonna.


240 E Rice St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

436 Glendale St

1226 Bellflower Ln NE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Owatonna, Owatonna, MN Local Guide

How much does it cost to rent a home in Downtown Owatonna?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Owatonna 3 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Downtown Owatonna 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Owatonna Neighborhood of Owatonna, MN.
Explore Owatonna
Downtown Owatonna, Owatonna, MN Local Guide
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Best Value Apartments for Rent in Downtown Owatonna, MN
As of May 04, 2025 the best value apartment in the Downtown Owatonna area is the $1.50 price per square foot 2 Bedroom 2 Bath Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,575. The second greatest value Downtown Owatonna apartment is the 2B 999 sq.ft. Model at Park Plaza Apartments starting at $1,400 with a $1.40 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. |
---|---|---|---|
West Lake Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.50 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
Park Village 1 and Park Village 2 | pkv2250 2bd/1ba | 2BR,1BA | $1.47 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.59 |
Lincoln Square Apartments | 2 Bedroom - 236 | 2BR,1BA | $1.30 |
ASCEND | 1B Wabena | 1BR,1BA | $1.81 |
Cedar View Apartments | 2575 1 bed 1 bath | 1BR,1BA | $2.00 |
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Frequently Asked Questions about Downtown Owatonna
What type of rentals are currently available in Downtown Owatonna?
There are currently 43 Apartments for Rent in Downtown Owatonna, MN with pricing that ranges from $900 to $2,550. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Owatonna ranging from $1,100 to $2,000.
What is the current price range for Rental Homes in Downtown Owatonna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Owatonna ranges from $1,100 to $2,000 with an average monthly rent of $1,600.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.