4+ Bedroom Apartment Rent in Owatonna, MN
Median asking rent for a 4+ bedroom apartment in Owatonna, Minnesota as of July 2026. That's +48% higher than the citywide median of $1,183 and +31% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Winona | $1,310 |
| 2 | Austin | $1,400 |
| 3 | Bemidji | $1,560 |
| 4 | Moorhead | $1,750 |
| 5 | Owatonna (this page) | $1,750 |
| 6 | Waite Park | $1,870 |
| 7 | Saint Cloud | $1,973 |
| 8 | Duluth | $2,078 |
| 9 | Mankato | $2,100 |
| 10 | Columbia Heights | $2,240 |
| 11 | Northfield | $2,240 |
| 12 | Saint Michael | $2,240 |
| 13 | South Saint Paul | $2,240 |
| 14 | Elk River | $2,270 |
| 15 | New Brighton | $2,270 |
Most expensive cities for a 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,400 |
| 2 | Maple Grove | $3,290 |
| 3 | Eden Prairie | $3,240 |
| 4 | Lakeville | $3,190 |
| 5 | Cottage Grove | $3,180 |
| 6 | Edina | $3,133 |
| 7 | Blaine | $3,110 |
| 8 | Brooklyn Park | $3,080 |
| 9 | Plymouth | $3,078 |
| 10 | Savage | $3,030 |
| 11 | Rosemount | $3,030 |
| 12 | Minnetonka | $2,980 |
| 13 | Saint Louis Park | $2,850 |
| 14 | Apple Valley | $2,850 |
| 15 | Vadnais Heights | $2,830 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than Owatonna.
| City | Distance | 4+ Bedroom rent | vs Owatonna |
|---|---|---|---|
| Northfield, MN | 28.6 mi | $2,240 | +$490 (+28%) |
| Austin, MN | 30.6 mi | $1,400 | $-350 (-20%) |
| Lakeville, MN | 40.4 mi | $3,190 | +$1,440 (+82%) |
| Prior Lake, MN | 45 mi | $2,550 | +$800 (+46%) |
| Apple Valley, MN | 47 mi | $2,850 | +$1,100 (+63%) |
| Rosemount, MN | 48 mi | $3,030 | +$1,280 (+73%) |
| Burnsville, MN | 48.2 mi | $2,735 | +$985 (+56%) |
| Savage, MN | 49.2 mi | $3,030 | +$1,280 (+73%) |
| Shakopee, MN | 52 mi | $2,700 | +$950 (+54%) |
| Mankato, MN | 52.3 mi | $2,100 | +$350 (+20%) |
| Eagan, MN | 52.7 mi | $2,713 | +$963 (+55%) |
| Rochester, MN | 53 mi | $2,298 | +$548 (+31%) |
4+ Bedroom rent in Owatonna — common questions
How much is a 4+ bedroom apartment in Owatonna?
As of July 2026, the median 4+ bedroom apartment rent in Owatonna, Minnesota is $1,750 per month. This is +48% higher than the citywide median of $1,183.
What income do you need to afford a 4+ bedroom in Owatonna?
Using the standard 30% rent-to-income rule, you would need an annual income of about $70,000 ($5,833/month gross), which works out to roughly $33.65/hour at a full-time job.
Is Owatonna expensive for a 4+ bedroom compared to the rest of the US?
Owatonna's 4+ bedroom median of $1,750 is +31% below the national 4+ bedroom median of $2,520. It ranks in the 18th percentile of US cities tracked.
How does Owatonna rank for 4+ bedroom rent in Minnesota?
Among the 60 cities in Minnesota with 4+ bedroom data, Owatonna ranks #5 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Owatonna?
Yes — nearby cities with cheaper 4+ bedroom rents include Austin ($1,400).