Median Age
40 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
26%
Over 65
19%
Owatonna, MN Area Guide
Avg Rent
$1,217
Population
26,895
Renter Mix
28% Rent
Timeless Midwestern charm lives in this pastoral community
Suburb
•
Affordable
•
Historic
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.
Demographics
Median Household Income
$74,043
Average: $89,365
Education
6,315
Residents Have a Degree
Job Market
13,957
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Owatonna has more homeowners than renters.
Renters
28%
Non-Renters
72%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
20%
Other Education
80%
Rent Trends
As of July 2026, the average apartment rent in Owatonna, MN is $883 for a studio, $1,217 for one bedroom, $1,399 for two bedrooms, and $1,588 for three bedrooms. Apartment rent in Owatonna has increased by 2.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,217/month
677 Sq Ft
Learn More About Owatonna
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Owatonna, MN is for everyday living.
Somewhat Walkable
Walkability
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades K-5
525 Students
Public
Grades K-5
525 Students
Public
Grades K-5
505 Students
Public
Grades K-5
593 Students
Public
Grades K-5
487 Students
Public
Grades 6-8
999 Students
Public
Grades 6-8
22 Students
Public
Grades 6-8
999 Students
Public
Grades 7-12
11 Students
Public
Grades K-12
Public
Grades 9-12
1,475 Students
Public
Grades 9-12
1,475 Students
Public
Grades 9-12
70 Students
Public
Grades 7-12
11 Students
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Rice Lake State Park
Military Bases
Colleges
Top Apartments in Owatonna
Houses for Rent in Owatonna
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Nearby City Guides
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.