
Cheap Apartments for Rent in Steele County, MN from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele County.


Radel Court

234 E McKinley St

Chambers Apartments

111 Vine Apartments

Clifton Apartments
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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.
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.
Steele County, MN Local Guide

How much does it cost to rent an apartment in Steele County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steele County Studio Apartments | $1,108 | $1,065 | $1,135 |
| Steele County 1 Bedroom Apartments | $1,187 | $950 | $1,680 |
| Steele County 2 Bedroom Apartments | $1,395 | $1,055 | $1,735 |
| Steele County 3 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Browse Apartments in Steele County
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Cheapest Available Steele County Apartments for Rent
 The cheapest available apartment rental in Steele County, MN is a 2 Beds unit found at Lincoln Square Apartments in the Downtown Owatonna neighborhood priced from $1,093. Park Village Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. Here is today’s list of the most affordable Steele County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Square Apartments | 2 BR - 8 | 2BR,1BA | $1,093 |
| Park Village Apartments | 1bd/1ba + Den PV2 | 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 |
Best Value Apartments for Rent in Steele County, MN
As of December 25, 2025 the best value apartment in the Steele County area is the $1.55 price per square foot 2 Bed 1 Bath Corner Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,675. The second greatest value Steele County apartment is the 2 BR - 8 Model at Lincoln Square Apartments starting at $1,093 with a $1.32 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Steele County 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 | $1.55 |
| Lincoln Square Apartments | 2 BR - 8 | 2BR,1BA | $1.32 |
| Clifton Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.56 |
| Park Village Apartments | 2bd/1ba PV1 | 2BR,1BA | $1.53 |
| ASCEND | 1B Wabena | 1BR,1BA | $2.08 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $2.00 |
Frequently Asked Questions about Cheap Steele County Apartments
How much is rent for a Cheap One Bedroom Steele County Apartment?
The lowest price for a Cheap One Bedroom Steele County Apartment is $1,170 at Park Village Apartments.
What is the lowest price for a Cheap Two Bedroom Steele County Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Steele County is starting from $1,093 at Lincoln Square 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!





