StayRentalsStayRentals

Affordable apartments in Owatonna, Minnesota

9 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 88 lihtc

Buildings

CEDARDALE SOUTH

Section 8
315 22nd St SE, Owatonna, MN, 55060
Income-restricted units
98 of 98
Year placed in service
Not reported

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

CEDARDALE PLACE A/K/A CEDARDALE SOUTH

LIHTC
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 55060
Income-restricted units
97 of 98
Year placed in service
2002
Bedroom mix
67 1BR · 21 2BR · 10 3BR

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

NORTHGATE APARTMENTS

LIHTC
131 ROSE ST, OWATONNA, MN, 55060
Income-restricted units
36 of 36
Year placed in service
2016
Bedroom mix
9 1BR · 27 2BR

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

NORTH COURT

LIHTC
1512 ST PAUL RD, OWATONNA, MN, 55060
Income-restricted units
29 of 29
Year placed in service
1990

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

WILLOW RUN TOWNHOMES PHASE II

LIHTC
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 55060
Income-restricted units
28 of 32
Year placed in service
2004
Bedroom mix
32 3BR

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

CEDAR RUN TOWNHOMES

LIHTC
2300 CEDAR AVE N, OWATONNA, MN, 55060
Income-restricted units
23 of 24
Year placed in service
1997
Bedroom mix
24 3BR

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

WILLOW RUN TOWNHOMES

LIHTC
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 55060
Income-restricted units
22 of 24
Year placed in service
1999
Bedroom mix
23 3BR · 1 4+BR

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

CEDARDALE NORTH APTS

LIHTC
324 CEDARDALE DR SE, OWATONNA, MN, 55060
Income-restricted units
16 of 16
Year placed in service
1988

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

CEDARDALE WEST APTS

LIHTC
325 CEDARDALE DR SE, OWATONNA, MN, 55060
Income-restricted units
16 of 16
Year placed in service
1987

Estimated total housing cost: $925 rent + $117 utilities = $1,042/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Owatonna, MN

Metro-level
BedroomsLocal FMRNational median
Studio$786n/a
1 bedroom$879n/a
2 bedroom$925$1,502
3 bedroom$1,203n/a
4 bedroom$1,388n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Steele County, MN

FY2025. Area median income: $114,800.

Household size30% AMI50% AMI80% AMI
1 person$24,150$40,200$64,300
2 people$27,600$45,950$73,500
3 people$31,050$51,700$82,700
4 people$34,450$57,400$91,850
5 people$37,650$62,000$99,200
6 people$43,150$66,600$106,550
7 people$48,650$71,200$113,900
8 people$54,150$75,800$121,250

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Owatonna cost-of-living and Fair Market Rent overview