8

Owatonna, MN Condos for Rent

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  • 1765 3rd Ave NE Unit B, Owatonna, MN 55060
    1765 3rd Ave NE Unit B, Owatonna, MN 55060
    1765 3rd Ave NE Unit B, Owatonna, MN 55060
    /11

    $1,350 Plus Fees

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1765 3rd Ave NE Unit B, Owatonna, MN 55060

    Property Id: 1862054 Stunning 2 bed, 1 bath bottom duplex in Owatonna! This duplex features modern amenities including oven, refrigerator, and central air. Enjoy the convenience of on-site laundry, large living room, recently installed carpet, a double-attached garage, water heater, and lots of storage room. References required. This Duplex is located in a prime, quite-residential

    1765 3rd Ave NE Unit B, Owatonna, MN 55060
  • 513 N Oak Ave Unit 1/2, Owatonna, MN 55060
    513 N Oak Ave Unit 1/2, Owatonna, MN 55060
    513 N Oak Ave Unit 1/2, Owatonna, MN 55060
    /4

    $1,250 Plus Fees

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • Condo for Rent

    513 N Oak Ave Unit 1/2, Owatonna, MN 55060

    Property Id: 1338370 Downtown Owatonna Duplex - Large 2 bedroom upper, One stall Carport, On street parking. Includes garbage. No pets. 1 years Lease. Must see - Pictures do not due justice. Available July 1 - Move in Ready.

    513 N Oak Ave Unit 1/2, Owatonna, MN 55060
  • 207 W Holly St Unit B Downstairs Unit, Owatonna, MN 55060
    207 W Holly St Unit B Downstairs Unit, Owatonna, MN 55060
    207 W Holly St Unit B Downstairs Unit, Owatonna, MN 55060
    /6

    $1,200

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    207 W Holly St Unit B Downstairs Unit, Owatonna, MN 55060

    207 W Holly St Unit B Downstairs Unit, Owatonna, MN 55060
  • 139 W Front St Unit 139 W. Front St. Upper, Owatonna, MN 55060
    139 W Front St Unit 139 W. Front St. Upper, Owatonna, MN 55060
    139 W Front St Unit 139 W. Front St. Upper, Owatonna, MN 55060
    /4

    $1,250

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    139 W Front St Unit 139 W. Front St. Upper, Owatonna, MN 55060

    Downtown Owatonna Duplex - Large 2 bedroom upper - Carport, On street parking. Does not include utilities ($75 - $150 mo.). No pets. Free background check. Available Immediately - Move in Ready!

    139 W Front St Unit 139 W. Front St. Upper, Owatonna, MN 55060
  • 1201 S Cedar Ave Unit 3 - Back, Owatonna, MN 55060
    1201 S Cedar Ave Unit 3 - Back, Owatonna, MN 55060
    1201 S Cedar Ave Unit 3 - Back, Owatonna, MN 55060
    /8

    $1,150

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 620 Sq Ft
    • 2 Bedroom 1 Bath in Owatonna

    1201 S Cedar Ave Unit 3 - Back, Owatonna, MN 55060

    Welcome to this Bright 2 Bedroom unit in a 3-Plex, located in the vibrant community of Owatonna, MN. This apartment offers two spacious bedrooms upstairs and a full kitchen, bathroom and Livingroom on the main level, perfect for those who value comfort and convenience. The unit boasts a private entrance. The property is pet-friendly, so your furry friends are always welcome. The apartment is

    1201 S Cedar Ave Unit 3 - Back, Owatonna, MN 55060
  • 124 E Rose St Unit 1, Owatonna, MN 55060
    124 E Rose St Unit 1, Owatonna, MN 55060
    124 E Rose St Unit 1, Owatonna, MN 55060
    /15

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • ROSE

    124 E Rose St Unit 1, Owatonna, MN 55060

    124 E Rose St Unit 1, Owatonna, MN 55060
  • 1208 3rd Ave NE Unit LO3rd-104, Owatonna, MN 55060
    1208 3rd Ave NE Unit LO3rd-104, Owatonna, MN 55060
    1208 3rd Ave NE Unit LO3rd-104, Owatonna, MN 55060
    /8

    $1,150

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 1 Bedroom 1 Bath in Owatonna

    1208 3rd Ave NE Unit LO3rd-104, Owatonna, MN 55060

    New Renovated 1 bedroom 1 bathroom Apartment in Owatonna. This quite Building is in a residential area close to schools. Tenants pay Electric, Cable and Internet. Free Heat. Water and Garbage included. In wall AC along with common area coin Opp laundry. Off street parking and Pet friendly.We require renters' insurance.For more information, please visit or call Rent:

    1208 3rd Ave NE Unit LO3rd-104, Owatonna, MN 55060
  • 1201 S Cedar Ave Unit 1 - Upstairs, Owatonna, MN 55060
    1201 S Cedar Ave Unit 1 - Upstairs, Owatonna, MN 55060
    1201 S Cedar Ave Unit 1 - Upstairs, Owatonna, MN 55060
    /5

    $950

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 1 Bedroom 1 Bath Upstairs Apartment

    1201 S Cedar Ave Unit 1 - Upstairs, Owatonna, MN 55060

    Welcome to this upper-level 1-bedroom apartment in a quiet triplex just minutes from downtown Owatonna. This clean, recently updated unit is perfect for anyone looking for convenience and comfort in a small, well-managed property. Parking is never an issue with off-street parking and garages available for $100/Month. Pet lovers will be pleased to know that this apartment is pet friendly.

    1201 S Cedar Ave Unit 1 - Upstairs, Owatonna, MN 55060
Minnesota Steele County

Condos for Rent in Owatonna, MN

Frequently Asked Questions

How much does it cost to rent a condo in Owatonna, MN?
The median rent for a condo in Owatonna, MN is $1,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Owatonna, MN?
To comfortably afford the median rent in Owatonna, MN, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Owatonna, MN, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Owatonna, MN?
In Owatonna, MN, the price-to-rent ratio is 19.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Owatonna, MN

There are currently 8 condos available for rent in Owatonna, MN. The median rent is $1,200 per month, with 1-bedroom condos renting at $1,150 and 2-bedroom condos at $1,250.

Rental Home Trends

Number of Condos for Rent
8
Median Condo Rent
$1,200
Median 1 Bedroom Condo Rent
$1,150
Median 2 Bedroom Condo Rent
$1,250
How to Rent a Home

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