Located in the heart of Steele County, Owatonna combines historic architecture with contemporary living for those seeking apartments for rent in Minnesota. The city's centerpiece, the National Farmers' Bank building, showcases the architectural genius of Louis Sullivan and stands as a testament to Owatonna's preservation of its heritage. Rental prices in Owatonna start around $851 for studios and $1,134 for one-bedroom units, offering more affordable options compared to Minnesota's metropolitan areas.
Apartments for rent in Owatonna provide easy access to outdoor recreation at Kaplan's Woods Parkway, featuring over 6 miles of hiking trails, and Lake Kohlmier. The downtown area offers rental options near local shops and restaurants, while residential neighborhoods provide alternative settings. The city's location along Interstate 35 puts Minneapolis-St. Paul within an hour's drive north and Rochester 45 minutes east. Major employers in the area include Federated Insurance and Viracon, contributing to the city's economic stability.
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The average rent in Owatonna, MN is $1,193.
The average rent for a studio apartment in Owatonna, MN is $860.
The average rent for a 1 bedroom apartment in Owatonna, MN is $1,193.
The average rent for a 2 bedroom apartment in Owatonna, MN is $1,374.
The average rent for a 3 bedroom apartment in Owatonna, MN is $1,586.
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