Apartments for Rent in Owatonna, MN

Prices and availability in Owatonna, MN were last updated on 2 Jun 2026.

The best apartments in Owatonna, MN are: Eastgate Apartments, Academy Apartments, Owatonna Gateway Apartments, 111 Vine Apartments and South Pointe Apartments.

The price range for a studio apartment in Owatonna, MN is between $1,025 and $1,610.

The price range for a 1-bedroom apartment in Owatonna, MN is between $1,110 and $1,495.

The price range for a 2-bedroom apartment in Owatonna, MN is between $1,100 and $1,650.

In Owatonna 24% of the housing is rented out compared to 76% of homes are owned, according to the most recent Census Bureau estimates. 11% of Owatonna's apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The average age of rental buildings in Owatonna is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Owatonna come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Owatonna. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.