Owatonna, MN rental market

Choose another area

Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Owatonna, MN is $1,100.

Average rent

$1,100

Month-over-month change

+$33

Year-over-year change

-$95

Available rentals

22

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $2,800.

Rent frequencies
Rent priceNumber of rental properties
$9007
$1,0006
$1,1007
$1,2003
$1,3003
$1,4001
$1,5001
$2,7001
$2,800+1

Average rent price over time

In the last year, rent has decreased by $95 compared to the previous year.

Average rent price over time
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$1,195No data
Oct$1,217No data
Nov$1,282No data
Dec$1,220No 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Owatonna, MN is 48% lower than the national average.

Owatonna, MNvs.

$1,100

$2,100

Rent in Owatonna, MN

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in Owatonna, MN?

The average rent in Owatonna, MN is $1,100.

2. How much does it cost to rent a house in Owatonna, MN?

Houses in Owatonna, MN rent between $850 - $2,800 with an average rent of $1,100.

3. How has the rent in Owatonna, MN changed in the last year?

In the last year, the rent in Owatonna, MN decreased by $95

4. How much has the rent in Owatonna, MN increased/decreased in the last month?

In the last month, the rent in Owatonna, MN increased by $33

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 $1,100 — 47.62% lower the national average of $2,100.

Zip codes in Owatonna, MN