
Cheap Apartments for Rent in Steele County, MN from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele County.


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South Pointe Apartments

Clifton Apartments
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 | $1,138 | $1,065 | $1,175 |
Steele County 1 Bedroom Apartments | $1,328 | $900 | $1,640 |
Steele County 2 Bedroom Apartments | $1,557 | $1,055 | $2,690 |
Steele County 3 Bedroom Apartments | $1,785 | $1,675 | $1,895 |
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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 Park Village 1 and Park Village 2 in the Downtown Owatonna neighborhood priced from $1,200. 111 Vine Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,205. Here is today’s list of the most affordable Steele County apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Village 1 and Park Village 2 | pkv114 2bd/1ba Upper | 2BR,1BA | $1,200 |
111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,205 |
Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Steele County, MN
As of September 18, 2025 the best value apartment in the Steele County 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 Steele County apartment is the 2 Bed 1 Bath Corner Model at West Lake Meadows starting at $1,775 with a $1.64 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. |
---|---|---|---|
Park Plaza Apartments | 3B | 3BR,2BA | $1.23 |
West Lake Meadows | 2 Bed 1 Bath Corner | 2BR,1BA | $1.64 |
321 Allan Ave, Unit 321 | 321 Allan Ave | 2BR,1BA | $1.32 |
410 E Rose St, Unit 1 | 410 E Rose St | 1BR,1BA | $0.95 |
ASCEND | 1B Wabena | 1BR,1BA | $2.02 |
Coopers Court | Two Bedroom A | 2BR,1BA | $1.84 |
111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.72 |
Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $2.00 |
Frequently Asked Questions about Cheap Steele County Apartments
What is the price of a cheap apartment in Steele County?
The cheapest apartment in Steele County is 111 Vine Apartments which is listed at $1,165, while the average apartment in Steele County costs $1,785.
What types of apartments are the cheapest in Steele County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Steele County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.