3-Bedroom Apartment Rent in Owatonna, MN
Median asking rent for a 3-bedroom apartment in Owatonna, Minnesota as of July 2026. That's +23% higher than the citywide median of $1,183 and +31% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-bedroom at the current median rent.
Rent by apartment size in Owatonna
Compare Owatonna's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Winona | $1,200 |
| 2 | Bemidji | $1,320 |
| 3 | Austin | $1,330 |
| 4 | Moorhead | $1,460 |
| 5 | Owatonna (this page) | $1,460 |
| 6 | Waite Park | $1,570 |
| 7 | Anoka | $1,666 |
| 8 | Duluth | $1,666 |
| 9 | Saint Cloud | $1,690 |
| 10 | Mankato | $1,750 |
| 11 | Victoria | $1,792 |
| 12 | Rochester | $1,918 |
| 13 | Northfield | $1,970 |
| 14 | South Saint Paul | $1,970 |
| 15 | Saint Michael | $1,980 |
Most expensive cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,035 |
| 2 | Maple Grove | $2,935 |
| 3 | Eden Prairie | $2,890 |
| 4 | Wayzata | $2,865 |
| 5 | Lakeville | $2,850 |
| 6 | Cottage Grove | $2,840 |
| 7 | Edina | $2,797 |
| 8 | Blaine | $2,775 |
| 9 | Brooklyn Park | $2,750 |
| 10 | Plymouth | $2,748 |
| 11 | Savage | $2,700 |
| 12 | Rosemount | $2,700 |
| 13 | Minnetonka | $2,665 |
| 14 | Saint Louis Park | $2,545 |
| 15 | Apple Valley | $2,540 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Owatonna.
| City | Distance | 3-Bedroom rent | vs Owatonna |
|---|---|---|---|
| Northfield, MN | 28.6 mi | $1,970 | +$510 (+35%) |
| Austin, MN | 30.6 mi | $1,330 | $-130 (-9%) |
| Lakeville, MN | 40.4 mi | $2,850 | +$1,390 (+95%) |
| Prior Lake, MN | 45 mi | $2,280 | +$820 (+56%) |
| Apple Valley, MN | 47 mi | $2,540 | +$1,080 (+74%) |
| Rosemount, MN | 48 mi | $2,700 | +$1,240 (+85%) |
| Burnsville, MN | 48.2 mi | $2,445 | +$985 (+67%) |
| Savage, MN | 49.2 mi | $2,700 | +$1,240 (+85%) |
| Shakopee, MN | 52 mi | $2,410 | +$950 (+65%) |
| Mankato, MN | 52.3 mi | $1,750 | +$290 (+20%) |
| Eagan, MN | 52.7 mi | $2,423 | +$963 (+66%) |
| Rochester, MN | 53 mi | $1,918 | +$458 (+31%) |
3-Bedroom rent in Owatonna — common questions
How much is a 3-bedroom apartment in Owatonna?
As of July 2026, the median 3-bedroom apartment rent in Owatonna, Minnesota is $1,460 per month. This is +23% higher than the citywide median of $1,183.
What income do you need to afford a 3-bedroom in Owatonna?
Using the standard 30% rent-to-income rule, you would need an annual income of about $58,400 ($4,867/month gross), which works out to roughly $28.08/hour at a full-time job.
Is Owatonna expensive for a 3-bedroom compared to the rest of the US?
Owatonna's 3-bedroom median of $1,460 is +31% below the national 3-bedroom median of $2,130. It ranks in the 14th percentile of US cities tracked.
How does Owatonna rank for 3-bedroom rent in Minnesota?
Among the 65 cities in Minnesota with 3-bedroom data, Owatonna ranks #5 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Owatonna?
Yes — nearby cities with cheaper 3-bedroom rents include Austin ($1,330).