Market Summary

Owatonna, Steele County, MN

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Median Home Price Price

$281,782 $281.8K

Median Monthly Rent Rent

$1,297 $1.3K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Steele County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Steele County

Region Price Rent GRM Display
$301,460 $1,060 24.0x
$232,080 $1,100 18.0x
$326,699 $1,514 18.0x
$272,985 $1,154 20.0x
$243,749 $1,095 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$262,300 $1,455 15.0x
$465,534 $1,309 30.0x
$257,007 $1,539 14.0x
$365,635 $1,256 24.0x
$299,156 $1,496 17.0x
$228,673 $1,351 14.0x
$283,744 $1,287 18.0x
$387,043 $1,726 19.0x
$170,477 $1,145 12.0x
$237,609 $1,201 16.0x
$345,346 $1,248 23.0x
$333,348 $1,706 16.0x
$291,326 $1,261 19.0x
$461,969 $2,159 18.0x
$215,409 $1,059 17.0x
$316,881 $1,456 18.0x
$295,625 $1,837 13.0x
$242,693 $1,321 15.0x
$340,101 $1,658 17.0x
$248,686 $1,382 15.0x
$309,959 $1,155 22.0x
$254,884 $1,345 16.0x
$227,641 $1,260 15.0x
$300,474 $1,359 18.0x
$301,860 $1,378 18.0x
$220,338 $1,245 15.0x
$256,930 $1,476 15.0x
$453,054 $1,307 29.0x
$289,402 $1,508 16.0x
$333,963 $1,121 25.0x
$328,275 $1,226 22.0x
$367,022 $2,177 14.0x
$288,926 $1,298 19.0x
$223,602 $1,373 14.0x
$499,859 $2,536 16.0x
$289,425 $1,317 18.0x
$240,447 $1,411 14.0x
$204,909 $1,278 13.0x
$257,885 $1,245 17.0x
$322,488 $1,357 20.0x
$401,670 $2,066 16.0x
$181,451 $1,100 14.0x
$397,522 $1,390 24.0x
$294,944 $1,550 16.0x

Home prices

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Monthly rent

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GRM

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Owatonna

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Trend Insights

Median Rent in Owatonna, MN is $1,297, with MoM change +$13 and YoY change +$89 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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Metric
Base market Owatonna, MN
Compare market Select a market
Delta vs base
Median rent
$1,297
N/A
Median price
$281,782
N/A
YoY change
+$89
N/A
Price-to-rent
18.1x
Data unavailable
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