Apartments for Rent in Owatonna, MN

Owatonna, known as the home of the historic National Farmer's Bank designed by renowned architect Louis Sullivan, offers apartments that provide access to small-town living with convenient amenities. Located in southeastern Minnesota along the Straight River, this community of approximately 26,500 residents combines natural landscapes with a strong economic foundation. The city's name comes from the Dakota language "Wakp� Ow�tha?na," meaning Straight River, which flows through the heart of downtown.

Rental options in Owatonna range from apartment communities to single-family homes, with average rents around $1,138 for one-bedroom apartments. The city's oldest neighborhood extends along the eastern bank of the Straight River, while residential areas have expanded to the northeast near Brooktree Golf Course. The city features Kaplan's Woods Parkway with over six miles of hiking trails and Lake Kohlmier for outdoor activities. Downtown showcases historic architecture and local businesses in a walkable setting.

Owatonna serves as an economic center for southern Minnesota, with major employers including Federated Insurance, Viracon, and Bosch. The city's location along Interstate 35 puts the Twin Cities within an hour's drive, while Rochester is just 45 minutes away. Local attractions include the Owatonna Arts Center in the historic former State School buildings and the Steele County Historical Society's Village of Yesteryear. The community hosts various events throughout the year that bring residents together.