1-Bedroom Rent · October 2026

1-Bedroom Apartment Rent in Owatonna, MN

$800/mo

Median asking rent for a 1-bedroom apartment in Owatonna, Minnesota as of October 2026. That's +26% lower than the citywide median of $1,081 and +43% below the national 1-bedroom median of $1,395.

1-Bedroom median
$800
October 2026
vs city overall
-26%
$1,081 city median
vs national
-43%
$1,395 US median
Minnesota rank
#4
of 65 cities

Income needed for a 1-bedroom in Owatonna

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$32,000
Monthly gross
$2,667
Hourly (full-time)
$15.38

Rent by apartment size in Owatonna

Compare Owatonna's median rent across every apartment size.

Studio
$730
1-Bedroom (current)
$800
2-Bedroom
$1,040
3-Bedroom
$1,460
4+ Bedroom
$1,750

Cheapest cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Albert Lea$710
2Winona$780
3Austin$800
4Owatonna (this page)$800
5Bemidji$830
6Moorhead$860
7Waite Park$920
8Duluth$972
9Anoka$975
10Saint Cloud$1,003
11Mankato$1,030
12Rochester$1,120
13Little Canada$1,173
14Buffalo$1,200
15Northfield$1,200

Most expensive cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Woodbury$1,870
2Maple Grove$1,805
3Eden Prairie$1,775
4Lakeville$1,750
5Cottage Grove$1,750
6Edina$1,723
7Blaine$1,710
8Plymouth$1,690
9Brooklyn Park$1,690
10Savage$1,660
11Rosemount$1,660
12Minnetonka$1,640
13Apple Valley$1,570
14Saint Louis Park$1,565
15Vadnais Heights$1,560

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 1 of these cities have cheaper 1-bedroom rents than Owatonna.

CityDistance1-Bedroom rentvs Owatonna
Albert Lea, MN28.3 mi$710$-90 (-11%)
Northfield, MN28.6 mi$1,200+$400 (+50%)
Austin, MN30.6 mi$800—
Lakeville, MN40.4 mi$1,750+$950 (+119%)
Prior Lake, MN45 mi$1,400+$600 (+75%)
Apple Valley, MN47 mi$1,570+$770 (+96%)
Rosemount, MN48 mi$1,660+$860 (+108%)
Burnsville, MN48.2 mi$1,505+$705 (+88%)
Savage, MN49.2 mi$1,660+$860 (+108%)
Shakopee, MN52 mi$1,480+$680 (+85%)
Mankato, MN52.3 mi$1,030+$230 (+29%)
Eagan, MN52.7 mi$1,490+$690 (+86%)

1-Bedroom rent in Owatonna — common questions

How much is a 1-bedroom apartment in Owatonna?

As of October 2026, the median 1-bedroom apartment rent in Owatonna, Minnesota is $800 per month. This is +26% below the citywide median of $1,081.

What income do you need to afford a 1-bedroom in Owatonna?

Using the standard 30% rent-to-income rule, you would need an annual income of about $32,000 ($2,667/month gross), which works out to roughly $15.38/hour at a full-time job.

Is Owatonna expensive for a 1-bedroom compared to the rest of the US?

Owatonna's 1-bedroom median of $800 is +43% below the national 1-bedroom median of $1,395. It ranks in the 5th percentile of US cities tracked.

How does Owatonna rank for 1-bedroom rent in Minnesota?

Among the 65 cities in Minnesota with 1-bedroom data, Owatonna ranks #4 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Owatonna?

Yes — nearby cities with cheaper 1-bedroom rents include Albert Lea ($710).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Owatonna, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.