213 13th St SW
OwatonnaMN55060
Cheap Homes for Rent in Steele County, MN from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Steele County.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
240 E Rice St
OwatonnaMN55060
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.
8477 Crane Creek Rd
OwatonnaMN55060
Showing Results 1-3, Page 1 of 1
Steele County, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Steele County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steele County 3 Bedroom Homes for Rent | $1,600 | $1,200 | $2,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Best Value Apartments for Rent in Steele County, MN
As of July 01, 2026 the best value apartment in the Steele County area is the $1.24 price per square foot Two Bedroom Model at Apartments on Mound in the in the Downtown Owatonna neighborhood starting from $1,420. The second greatest value Steele County apartment is the 2 Bedroom 2 Bathroom Model at South Pointe Apartments starting at $1,430 with a $1.30 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. |
|---|---|---|---|
| Apartments on Mound | Two Bedroom | 2BR,1BA | $1.24 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| 111 Vine Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.48 |
| Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.43 |
| Radel Court | C | 2BR,1BA | $1.46 |
| 207 W Holly St, Unit Apt B Downstairs Unit | 207 W Holly St | 1BR,1BA | $1.33 |
| Park Village Apartments | 2bd/1ba PV1 | 2BR,1BA | $1.53 |
| South Pointe II Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.80 |
| Clifton Apartments | 1BD | 1BR,1BA | $1.56 |
| Cedar View Apartments | 2575 1 BD/1 BA | 1BR,1BA | $1.93 |
Frequently Asked Questions about Steele County
What type of rentals are currently available in Steele County?
There are currently 54 Apartments for Rent in Steele County, MN with pricing that ranges from $800 to $2,830. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steele County ranging from $925 to $2,000.
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 $925 to $2,000 with an average monthly rent of $1,306.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.