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Cheap Apartments for Rent in Owatonna, MN

Cheap Apartments for Rent in Owatonna, MN. 9 Rentals Available
9 Rentals Available
Quick filters
Apartments Under $1,200 Apartments Under $1,400

Apartments Under $1,200

  • a rendering of a large building with a lake in front of it
    Studio $1,040
    1 bd $1,150
    2 bd $1,410
    Base rent Income restricted
    Verified Listing

    10 Division Street West, Fairibault, MN 55021
    Apply online • Pet friendly
  • a living room with a couch and a television
    Studio $1,050
    1 bd $1,145
    2 bd $1,535
    Base rent
    Verified Listing

    111 East Vine Street, Owatonna, MN 55060
    Apply online • Pet friendly
  • a kitchen with wooden cabinets and a stainless steel refrigerator
    Only 2 units left
    Ask for pricing
    Verified Listing

    325 Hoffman Dr., Owatonna, MN 55060
    Pet friendly

Apartments Under $1,400

  • a rendering of an apartment building with people standing outside of it
    1 bd $1,200
    2 bd $1,525
    Base rent
    Verified Listing

    130 Pearl Street East, Owatonna, MN 55060
    Pet friendly
  • a kitchen with a island and a stainless steel refrigerator
    Ask for pricing
    Verified Listing

    407 Cherry St., Owatonna, MN 55060
  • an empty kitchen with white appliances and dark cabinets
    1 bd $1,095
    2 bd $1,195
    Base rent
    Verified Listing

    660 Mound Street, Owatonna, MN 55060
    Apply online • Pet friendly
5-1-city

Frequently asked questions

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

There are 2 cheap rentals available on RentCafe. Prices and availability in Owatonna, MN were last updated on 26 May 2026.

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

The average Owatonna, MN cheap apartment size is 664 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.