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Cheap Apartments for Rent in Owatonna, MN

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  • Apartments Under $900 Apartments Under $1,000 Apartments Under $1,200 Apartments Under $1,700

  • Apartments Under $900

  • 2 bd $800
    Base rent
    Verified Listing

    Cedar Pointe Townhomes

    401-415 Sixth Street NW, New Richland, MN 56072
    Parking • Dishwasher • Patio/Balcony

  • Apartments Under $1,000

  • Ask for pricing
    Verified Listing

    Eastgate Apartments

    5.0 (2)
    407 Cherry St., Owatonna, MN 55060
    Parking • Fitness center • Dishwasher

  • Apartments Under $1,200

  • Only 2 units left
    1 bd $1,195+
    2 bd $1,395
    Base rent
    Verified Listing

    Apartments On Mound

    4.0 (6)
    660 Mound Street, Owatonna, MN 55060
    Apply online • Pet friendly • Dishwasher

  • Apartments Under $1,700

  • 2 bd $1,630
    3 bd $1,660
    Base rent
    Verified Listing

    Deerwood Lane Townhomes

    1510-1516 Deerwood Lane, Faribault, MN 55021
    Pet friendly • Parking • Dishwasher
  • 4 units available
    Ask for pricing
    Verified Listing

    Southway Manor

    2260 Hartle Ave, Owatonna, MN 55060
    Apply online • Fitness center • In unit laundry
  • 3-2-city

Frequently asked questions

What is the price of a cheap apartment in Owatonna, MN?

The price range of a cheap apartment is between $1,195 and $1,495.

How many cheap rentals are available in Owatonna, MN on RentCafe?

There are 14 cheap rentals available on RentCafe. Prices and availability in Owatonna, MN were last updated on 27 Aug 2026.

What is the average size of a cheap apartment in Owatonna, MN?

The average Owatonna, MN cheap apartment size is 905 sq. ft.

What are the advantages of renting a cheap apartment in Owatonna, MN?

Cheap apartments in Owatonna, MN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Owatonna, MN?

A cheap apartment in Owatonna, MN offers little storage space and fewer amenities compared to other apartments.