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

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Cheap Homes in the Downtown Owatonna area of Owatonna.

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.

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
West Lake Meadows2 Bedroom 2 Bath2BR,2BA$1.50
Park Plaza Apartments2B 999 sq.ft.2BR,1BA$1.40
Park Village 1 and Park Village 2pkv2250 2bd/1ba2BR,1BA$1.47
The Pearl1 Bedroom 1 Bath and Den1BR,1BA$1.59
Lincoln Square Apartments2 Bedroom - 2362BR,1BA$1.30
ASCEND1B Wabena1BR,1BA$1.81
Cedar View Apartments2575 1 bed 1 bath1BR,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.

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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.

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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.

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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.

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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.