Apartments for Rent in Owatonna, MN under $1500
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Rent specials1 bd $1,2052 bd $1,300Total monthly cost614 West Bridge Street, Owatonna, MN 55060Apply online • Cat friendly • Parking
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Rent specials2 bd $1,335+Total monthly cost633 Agnes St., Owatonna, MN 55060Apply online • Cat friendly • Patio/Balcony
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Rent specials1 bd $1,1202 bd $1,265Total monthly cost3.5 (2)706 E. Academy St., Owatonna, MN 55060Apply online • Cat friendly • Parking
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Only 2 units left1 bd $1,150+2 bd $1,295+Base rent4.0 (6)660 Mound Street, Owatonna, MN 55060Apply online • Pet friendly • In unit laundry
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Rent specials Rewards1 bd $1,100+Base rent4.0 (5)130 Pearl Street East, Owatonna, MN 55060Apply online • Pet friendly • Parking
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Rent specials RewardsStudio $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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Rent specials RewardsStudio $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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Rent specials Rewards1 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 pricing4.5 (2)325 Hoffman Dr., Owatonna, MN 55060Pet friendly • Parking • Fitness center
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Ask for pricing5.0 (2)407 Cherry St., Owatonna, MN 55060Parking • Fitness center • In unit laundry
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Ask for Pricing4.0 (1)2630 3Rd Ave NE #5, Owatonna, MN 55060Parking • In unit laundry • Dishwasher
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More Rentals Near Owatonna, MN
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Rent specials RewardsStudio $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 $1,0503 bd $1,2504 bd $1,365Base rent Income restricted3.5 (2)1515 Deerwood Lane, Faribault, MN 55021Parking • In unit laundry • Dishwasher
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2 bd $800Base rent401-415 Sixth Street NW, New Richland, MN 56072Parking • In unit laundry • Dishwasher
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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 10 Nov 2026.
What are the best apartments in Owatonna, MN?
The best apartments in Owatonna, MN are: Coopers Court, Academy Apartments, Parkview Apartments, Apartments on Mound and The Pearl.
What type of rental buildings are in Owatonna, MN?
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.
Renting apartments in Owatonna, MN under $1,500
Searching for apartments for rent in Owatonna, MN under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Owatonna, MN, where the average rent is $1,279 per month, there are 32 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Owatonna, MN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Owatonna, MN going for $800 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.