The median home in Owatonna, Minnesota is valued at $285,304, up 3.0% year over year. Typical monthly rent is $1,151, producing a price-to-rent ratio of 20.7x — well above the national average of 18x. Owatonna is part of the Owatonna, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$285,304

+3.0%

Rent$1,151/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Owatonna.

Income (annual)

Down Payment

$57,061 on $285,304

Example: $75,000 household income. Change it above to see your own.

Stretch29.7% of income

Above 28% but manageable with cuts.

PITI$1,859

P/I29.7%

Afford$269K

Gap-$17K

P&I $1,443Tax $266Ins $150

Renting $708/mo cheaper ($1,151 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Owatonna with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Owatonna, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Owatonna, MN metro.

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