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

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

property at 234 E McKinley St

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Mar 1

234 E McKinley 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.

property at 910 Rice Lake Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Mar 10

910 Rice Lake Rd

OwatonnaMN55060

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.

property at 244 Phelps St

$1,600

Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

4 Bedroom, 1.5 Bath Home for Rent

Available Now

244 Phelps St, Unit house

244 Phelps St
OwatonnaMN55060

Best Value Apartments for Rent in Steele County, MN

As of February 15, 2026 the best value apartment in the Steele County area is the $1.23 price per square foot 3B Model at Park Plaza Apartments in the in the Downtown Owatonna neighborhood starting from $1,675. The second greatest value Steele County apartment is the 1917 Hartle Ave Model at 1917 Hartle Ave, Unit Hartle starting at $1,100 with a $1.00 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.
Park Plaza Apartments3B3BR,2BA$1.23
1917 Hartle Ave, Unit Hartle1917 Hartle Ave1BR,1BA$1.00
South Pointe II ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.49
Radel CourtD2BR,1BA$1.46
West Lake Meadows1 Bed 1 Bath Corner1BR,1BA$1.66
Park Village Apartments2bd/1ba PV1-1st Floor2BR,1BA$1.53
ASCEND1B Wabena1BR,1BA$1.91
Academy ApartmentsOne Bedroom A1BR,1BA$1.86

Frequently Asked Questions about Steele County

What type of rentals are currently available in Steele County?

There are currently 49 Apartments for Rent in Steele County, MN with pricing that ranges from $800 to $2,425. There are also 8 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 $1,933.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.