Bedroom count
Property type
Last updated on October 29, 2026
Average rent in
Owatonna, MN
Average rent in
Last updated on October 29, 2026
Bedroom count
Property type
Median rent
Median rent in Owatonna
$1,350/mo
7%vs previous year
The average rent in Owatonna is $1,350 per month as of October 2026. This is 29% below the national average rent, or $550 less per month.
average price per square foot
Total rentals
Available rentals in Owatonna
25
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Owatonna rentals at each price point
Rent trends in Owatonna, MN
Average rent prices in Owatonna have increased by 2% over the last month and have increased by 7% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Owatonna, MN
Rent prices in Owatonna vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Owatonna is $1,315, whereas a house costs $1,600. 1-bedroom apartments in Owatonna run $1,300 on average, while 2-bedroom apartments are $1,485.
Listings | ||||
|---|---|---|---|---|
Studio | $1,147 |  26% | 14% | |
1 bedroom | $1,300 | 7% | 30% | |
2 bedroom | $1,495 | 3% | 1% | |
3 bedroom | $1,600 | 14% | 6% | |
4 bedroom | $2,300 | 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 | $1,315 | 4% | 5% | |
Condos | $1,550 | No Change | - | |
Houses | $1,600 | 14% | 6% |
Studio
Average rent
$1,147
Last 30 days
26%
Last year
14%
1 bedroom
Average rent
$1,300
Last 30 days
7%
Last year
30%
2 bedroom
Average rent
$1,495
Last 30 days
3%
Last year
1%
3 bedroom
Average rent
$1,600
Last 30 days
14%
Last year
6%
4 bedroom
Average rent
$2,300
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
$1,315
Last 30 days
4%
Last year
5%
Condos
Average rent
$1,550
Houses
Average rent
$1,600
Last 30 days
14%
Last year
6%
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.
How does rent in Owatonna, MN compare to other cities?
Compare median rent prices in Owatonna and Apple Valley by all bedroom counts and property types.
Owatonna
29%lower than the national median
8%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.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,060
9%$995
3%$1,262
3%$1,992
15%$2,387
3%$1,400
6%$1,705
2%$1,300
12%$1,345
10%$1,580
5%$1,591
6%$1,850
19%Discover rentals in Owatonna, MN
5d+ ago
Apartment for rent in Owatonna
2 beds
1 bath
$1,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
8h ago
250 21st St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
166 22nd St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,200–$1,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
8h ago
215 22nd St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
210 N Oak Ave, Owatonna, MN 55060
1–2 beds
1–2 baths
$1,510–$2,810
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
2d ago
2575 N Cedar Ave, Owatonna, MN 55060
Studio–2 beds
1–2 baths
$995–$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
12h ago
1625 24th Ave Nw, Owatonna, MN 55060
1–2 beds
1 bath
$1,440–$1,565
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
2365 18th St Nw, Owatonna, MN 55060
1–2 beds
1 bath
$1,440–$1,565
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
11h ago
325 Florence Ave, Owatonna, MN 55060
1–2 beds
1 bath
$1,300–$1,515
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
2d ago
2575 N Cedar Ave, Owatonna, MN 55060
Studio–2 beds
1–2 baths
$995–$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
525 Hillcrest Ave, Owatonna, MN 55060
1–2 beds
1–2 baths
$1,310–$1,670
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
320 320 & 310 Allan Avenue, Owatonna, MN 55060
2 beds
1 bath
$1,450
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
8h ago
215 22nd St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
2575 N Cedar Ave, Owatonna, MN 55060
Studio–2 beds
1–2 baths
$995–$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Apartment for rent in Owatonna
531 S Oak Ave, Owatonna, MN 55060
3 beds
1 bath
$1,350
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 19
5d+ ago
House for rent in Owatonna
3 beds
1 bath
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
3h ago
422 N Cedar Ave, Owatonna, MN 55060
Studio
1 bath
$745
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
8h ago
250 21st St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
8h ago
215 22nd St Nw, Owatonna, MN 55060
2 beds
1 bath
$1,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
15h ago
421 State Ave, Owatonna, MN 55060
1 bed
1 bath
$949
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
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Frequently asked questions for Owatonna, MN
Quick answers to common questions about the Owatonna rental market.
How much is rent in Owatonna?
The average rent in Owatonna is $1,350 per month as of October 24, 2026.
Is rent up or down in Owatonna?
Average rent prices in Owatonna have increased by 2% over the last month and have increased by 7% since last year.
How does Owatonna rent compare to the national average?
Rent in Owatonna is 29% below the national average, which means renters are paying approximately $550 less per month.
What salary do I need to afford rent in Owatonna?
To comfortably afford rent in Owatonna, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Owatonna?
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.
Methodology
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).