Bedroom count
Property type
Last updated on September 13, 2026
Last updated on September 13, 2026
Bedroom count
Property type
Median rent in Owatonna
$1,297/mo
vs previous year
The average rent in Owatonna is $1,297 per month as of September 2026. This is 32% below the national average rent, or $602 less per month.
average price per square foot
Available rentals in Owatonna
27
for rent on Zumper.com as of September 2026
Share of Owatonna rentals at each price point
Average rent prices in Owatonna have remained the same over the last month and have increased by 15% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Owatonna vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Owatonna is $1,292, whereas a house costs $1,997. 1-bedroom apartments in Owatonna run $1,210 on average, while 2-bedroom apartments are $1,430.
Listings | ||||
|---|---|---|---|---|
Studio | $1,250 | 16% | 11% | |
1 bedroom | $1,180 | No Change | 15% | |
2 bedroom | $1,372 | 2% | 4% | |
3 bedroom | $1,800 | 1% | - | |
4 bedroom | $2,350 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Owatonna, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,292 | 1% | No Change | |
Condos | $1,350 | 2% | No Change | |
Houses | $1,997 | 10% | No Change |
Studio
Average rent
$1,250
Last 30 days
16%
Last year
11%
1 bedroom
Average rent
$1,180
Last 30 days
No Change
Last year
15%
2 bedroom
Average rent
$1,372
Last 30 days
2%
Last year
4%
3 bedroom
Average rent
$1,800
Last 30 days
1%
4 bedroom
Average rent
$2,350
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Owatonna, MN.
Apartments
Average rent
$1,292
Last 30 days
1%
Condos
Average rent
$1,350
Last 30 days
2%
Houses
Average rent
$1,997
Last 30 days
10%
The table above reflects average rent prices in Owatonna, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Owatonna and Apple Valley by all bedroom counts and property types.
Owatonna
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Owatonna, MN is 34% lower than the median rent in Apple Valley, MN.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Owatonna rental market.
The average rent in Owatonna is $1,297 per month as of September 12, 2026.
Average rent prices in Owatonna have remained the same over the last month and have increased by 15% since last year.
Rent in Owatonna is 32% below the national average, which means renters are paying approximately $602 less per month.
To comfortably afford rent in Owatonna, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.
January offers the best rental deals in Owatonna, with rents running about 13% lower than December's peak prices. If you're flexible with timing, searching in January could save you money compared to the winter high season.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).