Apartments for rent in Owatonna, MN

A small city located in Minnesota, Owatonna has a population of approximately 25,000. At an average age of just under 39, the city's population is younger than most cities in Minnesota. Home ownership is more common than renting in Owatonna, and 27% of residents rent. With a relatively low average rent of $838 a month in the city, renting remains an affordable option, particularly compared to other cities in Minnesota. Each month, renters in Owatonna will pay around $153 less compared to the state average.

Averaging about 19 minutes, the commute time for Owatonna residents is faster than the state average of about 25 minutes. Driving is the most common mode of getting to work, opted for by 46% of workers, while public transit isn't used extensively. Walking isn't a common way to get to work.

Owatonna has a relatively high percentage of residents older than 25 with an Associate's degree (7%) compared to the national average (5%). Additionally, 18% have a Bachelor's, Master's, Professional, or Doctoral degree. There are three primary industries in Owatonna: manufacturing, retail, and healthcare. Together, these industries account for 27% of the labor force in the city. Meanwhile, in terms of job function, many residents work in sales, as 8% of the city's population reports this as their field of work, the highest number of any career path. Owatonna workers take home an average annual income of just over $70,000, less than those elsewhere in Minnesota. Owatonna's average income, however, is fairly average compared to the national level of $73,345.