
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.


306 State Ave

Ellendale Square Apartments

204 3rd Ave SE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Lincoln Square Apartments

Heather Court Apartments

909 E Vine St

Crestwood Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

111 Vine
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 | $1,141 | $1,020 | $1,235 |
| Steele County 1 Bedroom Apartments | $1,267 | $875 | $1,580 |
| Steele County 2 Bedroom Apartments | $1,497 | $1,055 | $2,830 |
| 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 1 Bed unit found at Lincoln Square Apartments in the Downtown Owatonna neighborhood priced from $905. 111 Vine Apartments in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,110. 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 | 1 Bedroom - 236 | 1BR,1BA | $905 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Steele County, MN
As of August 09, 2026 the best value apartment in the Steele County area is the $1.25 price per square foot 139 W Front St Model at 139 W Front St, Unit 139 W. Front St. Upper in the in the Downtown Owatonna neighborhood starting from $1,250. The second greatest value Steele County apartment is the C Model at Radel Court starting at $1,375 with a $1.46 price per square foot . 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. |
|---|---|---|---|
| 139 W Front St, Unit 139 W. Front St. Upper | 139 W Front St | 2BR,1BA | $1.25 |
| Radel Court | C | 2BR,1BA | $1.46 |
| 207 W Holly St, Unit Apt B Downstairs Unit | 207 W Holly St | 1BR,1BA | $1.33 |
| The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.58 |
| Park Village Apartments | 2bd/1ba PV1 | 2BR,1BA | $1.53 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1.70 |
| South Pointe II Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.80 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio ,1BA | $1.84 |
| Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $1.45 |
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 $905 at Lincoln Square 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 $1,220 at Park Village 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.