Cheap Apartments for Rent in Steele County, MN from $400 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Steele County.

property at 306 State Ave

$900

1 Bedroom, 1 Bath Rentals

Available Now

306 State Ave

OwatonnaMN55060
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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
  • Utilities Included

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.

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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
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Crestwood Apartments
1 to 2 Bedroom Apartments

Crestwood Apartments

216 12th St NEOwatonna, MN 55060
  • Utilities Included

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.

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111 Vine
Studio Apartments

111 Vine

111 W Vine StOwatonna, MN 55060
  • Utilities Included

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 ListingModel NameBed/BathPriced From
Lincoln Square Apartments1 Bedroom - 2361BR,1BA$905
111 Vine Apartments1 Bedroom 1 Bathroom1BR,1BA$1,110
Cedar View Apartments2575 Studio - 2nd and 3rd FloorStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
139 W Front St, Unit 139 W. Front St. Upper139 W Front St2BR,1BA$1.25
Radel CourtC2BR,1BA$1.46
207 W Holly St, Unit Apt B Downstairs Unit207 W Holly St1BR,1BA$1.33
The Pearl1 Bedroom 1 Bath and Den1BR,1BA$1.58
Park Village Apartments2bd/1ba PV12BR,1BA$1.53
West Lake Meadows1 Bed 1 Bath1BR,1BA$1.70
South Pointe II ApartmentsOne Bedroom One Bathroom1BR,1BA$1.80
111 Vine Apartments1 Bedroom 1 Bathroom1BR,1BA$1.64
Cedar View Apartments2575 Studio - 2nd and 3rd FloorStudio ,1BA$1.84
Lincoln Square Apartments1 Bedroom - 2361BR,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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.