Affordable & Income-Based Housing in Owatonna

Affordability

According to Census ACS 5-Year data (2024), the median monthly rent in Owatonna is $1,067, set against a median household income of $80,750 annually, with renters making up 24% of households. The 6 HUD-assisted properties in the city, covering 317 units, offer income-based options for renters who need housing costs below market rate.

Safety

According to FBI Crime Data Explorer, the Owatonna Police Department reported a violent crime rate of 147 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and definitions.

Of the 6 HUD-assisted properties in Owatonna mapped for flood risk, none fall in a high-risk flood zone.

Getting Around Owatonna

According to Walk Score, the area around Owatonna's assisted properties scores 73 (Very Walkable) and has a Bike Score of 42. No Transit Score is available, so residents who rely on public transportation should confirm local route options before signing a lease.

Schools

According to NCES Common Core of Data, 18 schools across 2 districts serve Owatonna, including 8 elementary, 3 middle, and 7 high schools. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Housing Costs in Owatonna, MN

The median household income in Owatonna is $80,750 per year, according to Census ACS 5-Year estimates. The median gross rent across all rentals in the city is $1,067 per month, per the same source.

Income-based housing in Owatonna is designed to keep monthly rent affordable relative to what a household actually earns -- typically capping costs at 30% of income. The 6 HUD-assisted properties in the city offer 317 income-restricted units as an alternative to market-rate rents.

Environment

All 6 assisted properties in Owatonna have been mapped for flood risk, and none fall in a high-risk flood zone. Flood exposure for assisted housing here is low.