Owatonna

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Owatonna, MN

Area Guide

Timeless Midwestern charm lives in this pastoral community

Suburb Affordable Historic Parks Outdoors Bike Friendly Walkable

Owatonna is a fairly small city located about 65 miles due south of Minneapolis on Interstate 35. Surrounded by mile of southern Minnesota farmlands, Owatonna has long served as a major economic and cultural hub for the region. The historic Downtown district overlooks the Straight River, with the beautifully-preserved vintage buildings lining the streets cultivating a timeless atmosphere.

The city’s landscape is loaded with parks of every shape and size, and the vast network of trails provides great opportunities to get around town on foot or by bicycle. Folks around the region know Owatonna as the home of the Steele County Free Fair, the largest event of its kind in the state and a summer tradition in town for generations.

Rent Trends

As of September 2025, the average apartment rent in Owatonna, MN is $899 for a studio, $1,180 for one bedroom, $1,376 for two bedrooms, and $1,526 for three bedrooms. Apartment rent in Owatonna has increased by 5.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,180/month
714 Sq Ft
See Rental Market Trends in Owatonna, MN

Transportation

44

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

42

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

McKinley Elementary

Public

Grades K-5

525 Students

Lincoln Elementary

Public

Grades K-6

593 Students

Washington Elementary

Public

Grades K-5

487 Students

Wilson Elementary

Public

Grades PK-5

537 Students

Esy

Public

Grades 1-12

Owatonna Middle School

Public

Grades 6-8

999 Students

Actions School

Public

Grades 7-12

10 Students

Esy

Public

Grades 1-12

Owatonna Senior High

Public

Grades 9-12

1,475 Students

Actions School

Public

Grades 7-12

10 Students

Esy

Public

Grades 1-12

Points of Interest

Parks and Recreation

  • Rice Lake State Park

Top Apartments in Owatonna

Houses for Rent in Owatonna

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.