Owatonna, MN rental market
Last updated August 27, 2025
Rental market summary
The average rent for all bedrooms and all property types in Owatonna, MN is $1,038.
$1,038
-$82
-$157
22
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $850 to $1,550.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 9 |
| $1,000 | 8 |
| $1,100 | 5 |
| $1,200 | 2 |
| $1,300 | 2 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $158 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,063 | $1,109 |
| Feb | $995 | $1,150 |
| Mar | $1,063 | $1,100 |
| Apr | $1,075 | $1,150 |
| May | $1,050 | $1,100 |
| Jun | $1,063 | $1,200 |
| Jul | $1,050 | $1,050 |
| Aug | $1,195 | $1,100 |
| Sep | $1,195 | No data |
| Oct | $1,217 | No data |
| Nov | $1,282 | No data |
| Dec | $1,220 | No data |
Market temperature
The Owatonna, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Owatonna, MN is 51% lower than the national average.
$1,038
$2,100
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Frequently asked questions
1. What is the average rent in Owatonna, MN?
The average rent in Owatonna, MN is $1,038.
2. How much does it cost to rent a house in Owatonna, MN?
Houses in Owatonna, MN rent between $850 - $1,550 with an average rent of $1,038.
3. How has the rent in Owatonna, MN changed in the last year?
In the last year, the rent in Owatonna, MN decreased by $158
4. How much has the rent in Owatonna, MN increased/decreased in the last month?
In the last month, the rent in Owatonna, MN decreased by $82
5. How many available rentals are there in Owatonna, MN?
There are currently 22 rentals available in Owatonna, MN.
6. How do rent prices in Owatonna, MN compare with the national average?
The average rent in Owatonna, MN is $1,038 — 50.57% lower the national average of $2,100.