
Cheap Apartments for Rent in Steele County, MN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele County.


304 Highland Ave, Unit Upstairs
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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 | $1,068 | $1,020 | $1,135 |
Steele County 1 Bedroom Apartments | $1,301 | $900 | $1,600 |
Steele County 2 Bedroom Apartments | $1,734 | $900 | $2,650 |
Steele County 3 Bedroom Apartments | $1,866 | $1,400 | $2,700 |
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Cheapest Available Steele County Apartments for Rent
 The cheapest available apartment rental in Steele County, MN is a 1 Bed unit found at West Lake Meadows in the Downtown Owatonna neighborhood priced from $1,135. Parkview Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,279. Here is today’s list of the most affordable Steele County apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
West Lake Meadows | 1 Bedroom A | 1BR,1BA | $1,135 |
Parkview Apartments | Two Bedroom | 2BR,1BA | $1,279 |
Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $1,295 |
Lincoln Square Apartments | 3 Bedroom - 236 | 3BR,1BA | $1,295 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Steele County, MN
As of June 06, 2025 the best value apartment in the Steele County area is the $1.04 price per square foot 119 W Broadway St Model at 119 W Broadway St, Unit 119.5 in the in the Downtown Owatonna neighborhood starting from $1,400. The second greatest value Steele County apartment is the 3 Bedroom - 236 Model at Lincoln Square Apartments starting at $1,295 with a $1.15 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. |
---|---|---|---|
119 W Broadway St, Unit 119.5 | 119 W Broadway St | 3BR,1BA | $1.04 |
Lincoln Square Apartments | 3 Bedroom - 236 | 3BR,1BA | $1.15 |
2033 Greenwood Dr, Unit 2 | 2033 Greenwood Dr | 2BR,1BA | $1.25 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.59 |
304 Highland Ave, Unit Upstairs | 304 Highland Ave | 2BR,1BA | $1.13 |
Parkview Apartments | Two Bedroom | 2BR,1BA | $1.62 |
ASCEND | 1B Wabena | 1BR,1BA | $1.81 |
West Lake Meadows | 1 Bedroom A | 1BR,1BA | $1.53 |
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 $1,135 at West Lake Meadows.
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 $1,279 at Parkview Apartments.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.