Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Owatonna area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in Downtown Owatonna

1 - 20 of 20 Results
7
$1,195 - 1,295
Apartments on Mound
660 Mound St Owatonna, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Disability Access
1
$1,055 - 1,220
2250 N Cedar Avenue and 114 22nd Street NW
Owatonna, MN
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
1
$1,375 - 2,650
Ascend
Owatonna, MN
1 - 2 BR | Feb. 1, 2025
Contact
Downtown Owatonna
1
$1,600
4 Bedroom With 2 Stall Detached Garage Included!
240 E Rice St Owatonna, MN
4 BR | Dec. 27, 2024
Contact
Dog Friendly
Cat Friendly
Downtown Owatonna
5
$795
364 E Rose St Unit 362
Owatonna, MN
1 BR | Available Now
Contact
Cat Friendly
Downtown Owatonna
13
$995
Lee 109 Owatonna Studio's & 1 Bedrooms
109 E School St Owatonna, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Owatonna
1
$925
1 Bedroom 1 Bath Upstairs Apartment
109 E School St Owatonna, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Downtown Owatonna
$900
608 S Cedar
Owatonna, MN
1 BR | Available Now
Contact
Surface Parking
Storage
Downtown Owatonna
5
$900
520 Adams Ave
Owatonna, MN
1 BR | Ask for Availability
Contact
1
$1,125
219 S Chambers Ave
Owatonna, MN
2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
8
$1,100
612 Agnes St Unit 4
Owatonna, MN
2 BR | Jan. 1, 2025
Contact
Balcony/Deck/Patio
1
$1,150
1208 3rd Ave NE
Owatonna, MN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$1,200
2 Bedroom 1 Bathroom For Rent
1208 3rd Ave NE Owatonna, MN
2 BR | Available Now
Contact
Balcony/Deck/Patio
1
$1,200
1208 3rd Ave NE
Owatonna, MN
2 BR | Available Now
Contact
Balcony/Deck/Patio
0
$1,100
Cozy 2 Bedroom 1 Bath Upstairs With Garage
910 1/2 E Rice Lake St Owatonna, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
18
$1,380
Park Plaza Apartments
320 & 310 Allan Avenue Owatonna, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,000
North View Apartments
250 21st St N Owatonna, MN
2 BR | Jan. 1, 2025
Contact
1
$1,100
Summit Monar Apartments
166 22nd St N Owatonna, MN
2 BR | Available Now
Contact
Dishwasher
0
$1,395 - 1,495
West Lake Meadows 3
1615 24th Ave NW Owatonna, MN
2 BR | Available Now
Contact
0
$1,085 - 1,495
West Lake Meadows 4
2365 18th St NW Owatonna, MN
1 - 2 BR | Jan. 1, 2025
Contact
1 - 20 of 20 Results
  1. Home
  2. Owatonna
  3. Downtown Owatonna
Frequently Asked Questions

How many apartments are available in Downtown Owatonna on Rentable.co?

Rentable.co has over 21 apartments available near Downtown Owatonna.

What is the average rent for a studio apartment in Downtown Owatonna?

The average rent for a studio apartment near Downtown Owatonna is around $0 per month.

What is the average rent for a one-bedroom apartment in Downtown Owatonna?

The average rent for a one-bedroom apartment near Downtown Owatonna is around $1,450 per month.

What is the average rent for a two-bedroom apartment in Downtown Owatonna?

The average rent for a two-bedroom apartment near Downtown Owatonna is around $1,395 per month.

How many apartments are available in Owatonna, MN on Rentable.co?

Rentable.co has over 366 apartments available in Owatonna.

What is the average rent for a one-bedroom apartment in Owatonna, MN?

The average rent for a one-bedroom apartment in Owatonna is around $1,450 per month.

What is the average rent for a two-bedroom apartment in Owatonna, MN?

The average rent for a two-bedroom apartment in Owatonna is around $1,400 per month.

How expensive is it to rent an apartment in Owatonna, MN?

For a two-bedroom apartment in Owatonna, the average rent price is $1,400 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Owatonna, MN?

Based on average rent prices in Owatonna, to afford a one-bedroom apartment you would need an annual household income of $58,000 to live comfortably.

Owatonna:
December Rent Report

Welcome to the December 2024 Owatonna Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Owatonna rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Owatonna and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Owatonna average rent prices in the chart below.

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Owatonna Rent Prices Decrease From November to December

Owatonna rent prices decreased over the last month. From November to December, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Owatonna one-bedroom apartments currently stands at $1,318.0.

When we take a look at the two-bedroom comparison from November to December, Owatonna experienced a -7.85% decrease for the price of a two-bedroom apartment. The rent price for a Owatonna two-bedroom apartments currently stands at $1,597.0.

December Prices: Owatonna vs. Surrounding Areas

Rent Prices in Owatonna and Surrounding Areas

Rent prices have decreased in Owatonna over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Owatonna suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Owatonna suburbs

  • Rents did not decrease in any of the Owatonna suburbs.

December 2024 Pricing Trends: Owatonna vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Owatonna Rent Prices More Affordable Than Major Cities

Rent growth in Owatonna over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Owatonna average rent prices appear to be relatively affordable for local residents.

The price for a Owatonna one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Owatonna and surrounding area rent prices, take a look at the complete data set below.

Data set for Owatonna and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Owatonna Apartments
Owatonna Apartments by Neighborhood
Owatonna Apartments by Bedrooms
Owatonna Apartments by Affordability
Owatonna Apartments with Amenities
Owatonna Apartments by Type
Owatonna Apartments by Zip Code