Cheap Homes for Rent in Steele County, MN from $600 (4 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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Best Value Apartments for Rent in Steele County, MN

As of November 06, 2025 the best value apartment in the Steele County area is the $1.60 price per square foot 2 Bed 1 Bath Corner Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,725. The second greatest value Steele County apartment is the pkv2250 1bd w/den/1ba Model at Park Village 1 and Park Village 2 starting at $1,200 with a $1.46 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 ListingModel NameBed/BathPrice Per Sq.Ft.
West Lake Meadows2 Bed 1 Bath Corner2BR,1BA$1.60
Park Village 1 and Park Village 2pkv2250 1bd w/den/1ba1BR,1BA$1.46
Clifton Apartments2 Beds, 1 bath2BR,1BA$1.56
ASCEND1B Wabena1BR,1BA$1.96
Cedar View Apartments2575 Studio - 1st FloorStudio ,1BA$1.99
919 N Elm Ave, Unit D919 N Elm AveStudio ,1BA$1.92

Frequently Asked Questions about Steele County

What type of rentals are currently available in Steele County?

There are currently 50 Apartments for Rent in Steele County, MN with pricing that ranges from $575 to $2,690. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steele County ranging from $600 to $3,000.

What is the current price range for Rental Homes in Steele County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Steele County ranges from $600 to $3,000 with an average monthly rent of $1,570.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.