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Apartments for Rent in Owatonna, MN under $1400

12 Rentals Available
Apartments for Rent in Owatonna, MN under $1400. 12 Rentals Available
  • a living room with a couch and a chair
    Today

    20118Th Street SW, Owatonna, MN 55060
    1 BED $950
  • a living room with a couch and a television
    Today

    111 East Vine Street, Owatonna, MN 55060
    STUDIO $1,050
    1 BED $1,145
  • a kitchen with white cabinets and stainless steel appliances
    Today

    175 18Th Street SW, Owatonna, MN 55060
    STUDIO $1,160
    1 BED $1,210
  • a rendering of an apartment building with people standing outside of it
    Today

    130 Pearl Street East, Owatonna, MN 55060
    1 BED $1,200
  • an empty kitchen with white appliances and dark cabinets
    Today

    660 Mound Street, Owatonna, MN 55060
    1 BED $1,095
    2 BEDS $1,195
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  • a kitchen with wooden cabinets and a stainless steel refrigerator
    Today

    325 Hoffman Dr., Owatonna, MN 55060
    1 BED Ask for Pricing
  • a kitchen with a island and a stainless steel refrigerator
    Today

    407 Cherry St., Owatonna, MN 55060
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a kitchen with white appliances and wooden cabinets
    Today

    2630 3Rd Ave NE #5, Owatonna, MN 55060
    3 BEDS Ask for Pricing

  • More Rentals Near Owatonna, MN

  • a kitchen with a stove and a refrigerator
    Today

    413 Johnson Ave SW, Waseca, MN 56093
    2 BEDS $875+
    3 BEDS $1,020
  • a rendering of a large building with a lake in front of it
    Today

    10 Division Street West, Fairibault, MN 55021
    Income Restricted
    STUDIO $1,040
    1 BED $1,150
8-2-city
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Getting around in Owatonna, MN

27 /100
Car-Dependent
32 /100
Somewhat Bikeable
Walk Score®: 27, Bike Score®: 32

Frequently asked questions

When were prices and availability in Owatonna, MN last updated?

Prices and availability in Owatonna, MN were last updated on 24 Feb 2026.

What are the best apartments in Owatonna, MN?

The best apartments in Owatonna, MN are: South Pointe Apartments, 111 Vine Apartments, South Pointe II Apartments, The Pearl and Apartments on Mound.

What type of rental buildings are in Owatonna, MN?

In Owatonna 23% of the housing is rented out compared to 77% 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, 70% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

Renting apartments in Owatonna, MN under $1,400

Searching for apartments for rent in Owatonna, MN under $1,400 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 $1,174 per month, there are 12 units available for less than $1,400. 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 $1,400” 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 $875 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!