
Cheap Homes for Rent in Steele County, MN from $1,000 (3 Rentals)
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.

503 7th Ave W
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.

108 1st Ave SW
Steele County, MN Local Guide

How much does it cost to rent a home in Steele County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steele County 2 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
| Steele County 3 Bedroom Homes for Rent | $2,250 | $1,500 | $3,000 |
| Steele County 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in Steele County
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Best Value Apartments for Rent in Steele County, MN
As of December 25, 2025 the best value apartment in the Steele County area is the $1.55 price per square foot 2 Bed 1 Bath Corner Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,675. The second greatest value Steele County apartment is the 2 BR - 8 Model at Lincoln Square Apartments starting at $1,093 with a $1.32 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. |
|---|---|---|---|
| West Lake Meadows | 2 Bed 1 Bath Corner | 2BR,1BA | $1.55 |
| Lincoln Square Apartments | 2 BR - 8 | 2BR,1BA | $1.32 |
| Clifton Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.56 |
| Park Village Apartments | 2bd/1ba PV1 | 2BR,1BA | $1.53 |
| ASCEND | 1B Wabena | 1BR,1BA | $2.08 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $2.00 |
Frequently Asked Questions about Steele County
What type of rentals are currently available in Steele County?
There are currently 46 Apartments for Rent in Steele County, MN with pricing that ranges from $950 to $1,895. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steele County ranging from $1,050 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 $1,050 to $3,000 with an average monthly rent of $1,833.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!