Apartments for Rent in Owatonna, MN under $1500
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1 bd $1,085+2 bd $1,265Total monthly cost3.5 (2)706 E. Academy St., Owatonna, MN 55060Apply online • Cat friendly • Parking
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1 bd $1,2052 bd $1,305+Total monthly cost614 West Bridge Street, Owatonna, MN 55060Apply online • Cat friendly • Parking
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2 bd $1,340Total monthly cost633 Agnes St., Owatonna, MN 55060Apply online • Cat friendly • In unit laundry
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Studio $1,025+1 bd $1,110+Base rent4.5 (11)111 East Vine Street, Owatonna, MN 55060Apply online • Pet friendly • Parking
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Studio $1,160+1 bd $1,260+Base rent3.5 (4)175 18Th Street SW, Owatonna, MN 55060Apply online • Pet friendly • Parking
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1 bd $1,100+Base rent4.0 (5)130 Pearl Street East, Owatonna, MN 55060Apply online • Pet friendly • Parking
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1 bd $1,150+2 bd $1,430+Base rent4.0 (9)20118Th Street SW, Owatonna, MN 55060Apply online • Pet friendly • Parking
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Ask for pricing5.0 (1)407 Cherry St., Owatonna, MN 55060Parking • Fitness center • Dishwasher
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Ask for pricing4.5 (2)325 Hoffman Dr., Owatonna, MN 55060Pet friendly • Parking • Fitness center
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1 bd $1,2952 bd $1,395Base rent4.0 (6)660 Mound Street, Owatonna, MN 55060Pet friendly • Dishwasher • Air conditioner
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Ask for Pricing4.0 (1)2630 3Rd Ave NE #5, Owatonna, MN 55060Parking • Dishwasher • Patio/Balcony
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More Rentals Near Owatonna, MN
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Studio $1,040+1 bd $1,140+2 bd $1,440+Base rent Income restricted3.5 (9)10 Division Street West, Fairibault, MN 55021Apply online • Pet friendly • Parking
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2 bd $975+3 bd $805+Base rent4.0 (2)413 Johnson Ave SW, Waseca, MN 56093Parking • In unit laundry • Dishwasher
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2 bd $1,0503 bd $1,2504 bd $1,365Base rent Income restricted3.5 (2)1515 Deerwood Lane, Faribault, MN 55021Parking • Dishwasher • Patio/Balcony
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2 bd $800Base rent401-415 Sixth Street NW, New Richland, MN 56072Parking • Dishwasher • Patio/Balcony
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Frequently asked questions
When were prices and availability in Owatonna, MN last updated?
Prices and availability in Owatonna, MN were last updated on 22 Jun 2026.
What are the best apartments in Owatonna, MN?
The best apartments in Owatonna, MN are: Southway Manor, Academy Apartments, Coopers Court, Parkview Apartments and 111 Vine Apartments.
What type of rental buildings are in Owatonna, MN?
In Owatonna, 24% of the residents are renting compared to 76% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Owatonna's rentals, 72% are small-scale complexes with under 50 units, and 15% are single-family rentals.
Your search for apartments in Owatonna, MN under $1,500 stops here
Finding apartments for rent in Owatonna, MN for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 27 available units in Owatonna, MN, renting for under $1,500. On average, $1,288 can get you 980 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Owatonna, MN goes for $800 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.