
Cheap Apartments for Rent in Steele County, MN from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Steele County.


Clifton Apartments

South Pointe Apartments

328 State Ave

1201 S Cedar Ave
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.

Chambers Apartments

111 Vine Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,112 | $1,065 | $1,135 |
Steele County 1 Bedroom Apartments | $1,317 | $900 | $1,620 |
Steele County 2 Bedroom Apartments | $1,661 | $1,000 | $2,650 |
Steele County 3 Bedroom Apartments | $1,763 | $1,500 | $1,895 |
Steele County 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in Steele County
See all Apartments in SteeleExplore Steele County
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 $895. Park Village 1 and Park Village 2 in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. 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 | $895 |
Park Village 1 and Park Village 2 | pkv2250 2bd/1ba | 2BR,1BA | $1,300 |
West Lake Meadows | 1 Bedroom C | 1BR,1BA | $1,370 |
ASCEND | 1B Wabena | 1BR,1BA | $1,500 |
Cedar View Apartments | 2575 3 BD/2 BA | 3BR,2BA | $1,895 |
Best Value Apartments for Rent in Steele County, MN
As of July 26, 2025 the best value apartment in the Steele County area is the $1.11 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 $1,500. The second greatest value Steele County apartment is the 2575 3 BD/2 BA Model at Cedar View Apartments starting at $1,895 with a $1.51 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 | 4BR,1BA | $1.11 |
Cedar View Apartments | 2575 3 BD/2 BA | 3BR,2BA | $1.51 |
West Lake Meadows | 1 Bedroom C | 1BR,1BA | $1.67 |
Park Village 1 and Park Village 2 | pkv114 2bd/1ba Upper | 2BR,1BA | $1.67 |
ASCEND | 1B Wabena | 1BR,1BA | $1.97 |
527 S Oak Ave, Unit 1 | 527 S Oak Ave | 2BR,1BA | $1.60 |
Lincoln Square Apartments | 1 Bedroom - 236 | 1BR,1BA | $1.43 |
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 $895 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 $1,300 at Park Village 1 and Park Village 2.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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
Written by: Lauren Harrington
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.