Median home value: $285K (+3.0% YoY). Rent: $1,151/mo. Price-to-rent: 20.7x. Part of Owatonna, MN.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Owatonna, MN metro page.
Home Value$285,304
+3.0%
Rent$1,151/mo
AFFORDABILITYRenting $634/mo cheaper ($1,151 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Owatonna.
$57,061 on $285,304
Stretch — 28.6% of income
Above 28% but manageable with cuts.
PITI$1,785
P/I28.6%
Afford$280K
Gap-$6K
P&I $1,368Tax $266Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing