306 State Ave
OwatonnaMN55060
Cheap Homes for Rent in Steele County, MN from $900 (4 Rentals)
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$1,2502 Bedroom Apartments Available Now
513 N Oak Ave, Unit 1/2
513 N Oak AveOwatonna, MN 55060
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.
436 Glendale St
OwatonnaMN55060
210 W Holly St
OwatonnaMN55060
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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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 2 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
| Steele County 3 Bedroom Homes for Rent | $2,062 | $1,700 | $2,500 |
| Steele County 4 Bedroom Homes for Rent | $2,100 | $2,000 | $2,300 |
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 September 13, 2026 the best value apartment in the Steele County area is the $1.99 price per square foot 2B Walnut Model at ASCEND in the in the Downtown Owatonna neighborhood starting from $2,830. The second greatest value Steele County apartment is the 139 W Front St Model at 139 W Front St, Unit 139 W. Front St. Upper starting at $1,250 with a $1.25 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. |
|---|---|---|---|
| ASCEND | 2B Walnut | 2BR,2BA | $1.99 |
| 139 W Front St, Unit 139 W. Front St. Upper | 139 W Front St | 2BR,1BA | $1.25 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Summit Manor Apartments | 2BR/1.0BA | 2BR,1BA | $1.42 |
| West Lake Meadows | 1 Bed 1 Bath | 1BR,1BA | $1.70 |
| The Pointe @ Merchant Square | 1BR/1.0BA | 1BR,1BA | $1.89 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio ,1BA | $1.84 |
| Coopers Court | One Bedroom A | 1BR,1BA | $1.96 |
Frequently Asked Questions about Steele County
What type of rentals are currently available in Steele County?
There are currently 48 Apartments for Rent in Steele County, MN with pricing that ranges from $1,020 to $2,830. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steele County ranging from $900 to $2,500.
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 $900 to $2,500 with an average monthly rent of $1,781.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.