Owatonna Homes under $350,000

Welcome to Owatonna, Minnesota, a charming city nestled in Steele County that perfectly blends small-town warmth with vibrant community spirit. Known for its rich history and picturesque landscapes, Owatonna offers a welcoming atmosphere that makes it an ideal place to call home. With a population of just over 25,000, this delightful city boasts a variety of parks, recreational facilities, and cultural attractions that cater to residents of all ages.

One of the most appealing aspects of Owatonna is its diverse real estate market, particularly for those seeking homes under $350,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find an array of options that fit your budget. From cozy single-family homes to charming townhouses, Owatonna's real estate landscape is as diverse as its residents. Many properties feature spacious yards, modern amenities, and are conveniently located near schools, shopping, and dining options.

The city's commitment to community and quality of life is evident in its excellent school system, abundant parks, and numerous events throughout the year, including the popular Steele County Free Fair. Owatonna’s strong sense of community and friendly neighbors create an inviting environment that fosters lasting connections.

If you're considering a move to a place where affordability meets charm, Owatonna, MN, is the perfect destination. Explore the available homes under $350,000 and discover the vibrant lifestyle that awaits you in this delightful city. Let Owatonna be the backdrop for your next chapter!

Newest Owatonna Homes under $350,000

$279,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7153175 MLS ⋅ 1,500 SqFt.

4 bedroom, 2 bath home featuring granite countertops, stainless steel appliances, oak cabinetry, and 6 panel oak doors. Main floor laundry and a bathroom on each level for added convenience. Basement bedroom features an egress window. Enjoy a vinyl fenced yard, extra wide driveway, and 2 car attached garage. New roof and gutters scheduled for completion October 5th!

722 14th Street NE, Owatonna

Listing courtesy of Worth Clark Realty.

$239,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7152877 MLS ⋅ 1,539 SqFt.

Recently remodeled 3-bedroom home. Custom knotty alder cabinetry, stainless steel appliances, updated hardware showcase the kitchen. A fully renovated bathroom includes a new vanity, linen storage, and a custom-tiled tub/shower surround with modern fixtures. Interior updates include luxury vinyl plank flooring in main areas, new carpet in bedrooms and living room, fresh paint, and updated lighting throughout. Rest easy knowing you have a brand-new furnace and central air conditioning system. Exterior improvements include new windows, soffits, siding and bay window repairs, and a new rear storm door. The 24x22 detached garage offers plenty of parking and work space. Photos may have AI editing to include staging.

118 Franklin Avenue, Owatonna

Listing courtesy of Help-U-Sell Heritage Real Est..

$299,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7152807 MLS ⋅ 2,016 SqFt.

Location, space, and opportunity come together in this inviting four-level split tucked into a desirable cul-de-sac near a golf course! Situated on an oversized lot, this 4-bedroom, 2-bath home offers plenty of room to spread out, both inside and out. The multi-level layout provides flexible living spaces with room for everyone, whether you’re gathering together, entertaining, or simply looking for a little space of your own. The family room features a cozy gas fireplace, while the patio and deck extend your living space outdoors and provides a great spot to relax and enjoy the spacious yard. An attached two-stall garage adds everyday convenience, and the oversized lot offers plenty of possibilities for outdoor living, gardening, play, or simply enjoying the extra elbow room. With a fantastic location, generous living space, and the opportunity to add your own style and updates along the way, this is a home you can truly make your own.

930 Ridgeview Place NE, Owatonna

Listing courtesy of eXp Realty.

$289,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7151841 MLS ⋅ 1,860 SqFt.

The location catches your attention, but the backyard may be what makes you stay! Set on a corner lot leading into a quiet cul-de-sac, this 4-bedroom, 2-bath home pairs a fantastic setting with thoughtful updates and inviting spaces inside and out. Step inside to tasteful colors and comfortable living areas that feel warm and welcoming. The kitchen features a center island and updated dishwasher, while the lower level offers plank flooring and additional room to spread out. A patio door with convenient built-in blinds opens to the recently refurbished oversized deck, creating an easy flow from the kitchen to outdoor living. From grilling and gathering to simply relaxing at the end of the day, the fenced backyard and mature trees make this space one to enjoy. There’s plenty to appreciate behind the scenes, too, with furnace and central air updated in 2020, a new gas water heater in 2026, new washer and dryer in 2025, vinyl windows, and low-maintenance metal siding. The attached 2-stall garage is finished with a clean epoxy floor. Great spaces, smart updates, and a beautiful setting... this home has so much to offer.

10 Radel Place, Owatonna

Listing courtesy of eXp Realty.

$315,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7151394 MLS ⋅ 1,775 SqFt.

Welcome home! This well-maintained 3-bedroom, 1.75-bath home offers comfortable living spaces and plenty of room to spread out. The lower level features a large family room, providing excellent space for relaxing, entertaining, or movie nights. Enjoy the warmth of a wood burning fireplace in the spacious living room. An attached 2-stall garage offers convenient parking and storage. Outside, enjoy the nice fenced in yard and beautiful patio space, perfect for outdoor dining, entertaining, or simply relaxing. A great combination of functional living space and inviting outdoor amenities. This home is greatly cared for and has many recent updates including a new furnace/AC, updated lighting, new windows, trim, siding, gutters and a new garage door. An added bonus of a chicken coop in the backyard makes for a versatile area for chickens or bunnies.

350 13th Street SW, Owatonna

Listing courtesy of Help-U-Sell Heritage Real Est..

$294,500

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143072 MLS ⋅ 1,989 SqFt.

Welcome to Oakwood Lane, where generous living spaces, thoughtful updates and an exceptional setting come together with ease. Set on an expansive half-acre corner lot and conveniently located near the golf course, this 4-bedroom, 2-bath home offers rare outdoor space with plenty of room to spread out, entertain, garden or simply enjoy the added privacy. Inside, you'll find updated flooring, stainless steel appliances and comfortably sized bedrooms throughout. The lower-level living area is anchored by a warm fireplace and opens directly to the backyard through the walkout, creating an effortless connection between indoor and outdoor living. Step outside to enjoy the patio and wide-open yard, while the attached two-stall garage adds everyday convenience. With space both inside and out, this home offers a setting that is hard to find.

1395 Oakwood Lane, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$279,900

ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 7149908 MLS ⋅ 2,022 SqFt.

Easy, Comfortable Living in a 55+ Community! This inviting townhome offers the perfect combination of comfort, convenience, and low-maintenance living. The main level features an open and welcoming layout with a well-appointed kitchen showcasing upgraded cabinetry, two bedrooms, and two bathrooms. Main-floor laundry adds everyday convenience, while the deck provides a great spot to relax, enjoy the outdoors, or entertain guests. The lower level offers even more living space with a comfortable family room and 3/4 bathroom, along with additional room for storage or future finishing. With lawn care and snow removal included, you can spend less time on exterior maintenance and more time enjoying the things you love. A wonderful opportunity for easy living in a welcoming 55+ community!

34 Carriage Lane, Owatonna

Listing courtesy of RE/MAX Venture.

$299,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7150870 MLS ⋅ 1,810 SqFt.

There’s something about this home that just feels good from the moment you arrive. Lovingly cared for and filled with warmth, charm, and thoughtful updates, this is the kind of place that immediately feels like home! Situated along the bend of a quiet neighborhood street, the setting offers a unique sense of privacy with beautiful mature trees and a backyard made for enjoying Minnesota’s seasons. Picture fall colors, bonfires with friends, summer evenings on the spacious patio, or morning coffee on the deck overlooking it all. Stairs connect the deck to the patio below, and a storage shed adds even more practicality. Inside, warm woodwork, rich flooring, beautiful tile, and inviting colors give the home so much character. The kitchen and both bathrooms have been tastefully renovated, while thoughtful details throughout show just how well this home has been loved. Even the foyer was designed with everyday life in mind, featuring a charming sitting bench that makes coming and going a little easier. With four bedrooms and a split-level floor plan, there’s great flexibility for creating separate spaces while still feeling connected. Downstairs, a spacious family room centered around a cozy gas fireplace is ready for movie nights, game days, or simply settling in at the end of the day. And the location brings it all together-nestled in a quiet, charming neighborhood with convenient access to I-35 for commuters and everything Owatonna has to offer. With so many updates, four bedrooms, wonderful indoor and outdoor living spaces, and a price positioned to get attention, there is so much value packed into this home. Warm, welcoming, move-in ready, with a great price...don't wait on this one!

515 Cindy Lane, Owatonna

Listing courtesy of eXp Realty.

$249,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7150463 MLS ⋅ 1,824 SqFt.

Renovated and move in ready! This 2+ bedroom SE Owatonna rambler is ideally located right by Lincoln School with a playground next door. Freshly painted with new flooring throughout and new appliances. Updated kitchen with oak cabinets, spacious rooms, 1 full bath, and dining area with sliding doors to the deck. Great location near parks and schools!

1021 Van Buren Avenue, Owatonna

Listing courtesy of Worth Clark Realty.

$220,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7150069 MLS ⋅ 980 SqFt.

Fresh updates, functional spaces, and a location you'll love—this home checks the boxes! Conveniently located near Lincoln Elementary school, this home features three bedrooms all on main-level and a comfortable, easy-to-enjoy floor plan. Freshly painted with all-new flooring throughout, giving the home a fresh feel. Best of all—there’s not a stitch of carpet in the entire home! The home also features vinyl windows throughout for added efficiency and easy maintenance. The kitchen updates include new lower cabinets, new countertops & backsplash, and a newly added pantry that brings extra storage and function to the space. New dishwasher was added in 2026. Just off the dining room, a sliding glass door opens to the shaded backyard, creating an easy transition to outdoor living and entertainment. Downstairs, the basement adds even more usable space with durable epoxy flooring and plenty of flexibility for a family room, rec room, workout area, play space, or whatever best fits your needs. The updates are done, the space is ready—now it's your turn to make this house home!

841 14th Street SE, Owatonna

Listing courtesy of Edina Realty, Inc..

$349,900

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7149461 MLS ⋅ 2,160 SqFt.

This is not your average home and you’ll feel it the moment you walk through the door. Custom details, beautiful finishes, and thoughtfully designed spaces truly setting it apart from the rest. At the heart of it all is a stunning custom kitchen featuring gorgeous countertops, an impressive full wall of pantry storage, and heated floors. The living room is warm and inviting with a cozy gas fireplace, while the three-season sunroom with new flooring offers another beautiful space to relax and enjoy the backyard. The private primary suite feels like its own retreat, complete with a custom bath featuring a soaking tub, separate shower, and walk-in closet. Main-floor laundry adds convenience right where you want it. Upstairs, you’ll find two generously sized bedrooms along with another full bathroom. And there’s still room to grow... the unfinished lower level is exceptionally clean and already has an egress window and rough-in for a future bathroom, giving you an easy opportunity to add finished living space and equity down the road. Outside, enjoy a newer front deck, fenced backyard, and storage shed. Located near parks and walking paths in a fantastic location, this home brings together quality, comfort, and those extra touches that are hard to find. A step above the rest and absolutely worth seeing in person.

1169 Barney Street, Owatonna

Listing courtesy of eXp Realty.

$249,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7146360 MLS ⋅ 1,900 SqFt.

Looking for a 3-bedroom, 2-bathroom home with a 2 plus car extended garage on the northeast side of Owatonna? This could be the one! This spacious home offers plenty of potential to add your personal updates and make it your own. Step inside to find a convenient mudroom area with room for coats and shoes, plus a sliding glass door leading to the backyard. The large, open kitchen features natural wood cabinets, plenty of space for a center island, and a window that brings in beautiful natural light. The spacious dining room offers flexibility to remain one large room or be divided into a living room and dining area. Two bedrooms are located on the main floor. Head upstairs to discover a huge family room or living room filled with natural sunlight, with access to a deck overlooking the flower garden. The lower level includes a flex area perfect for an office or workout space, along with the third bedroom. The lowest level offers abundant storage, an unfinished basement, and a mini kitchen that could be updated to create additional living space or a mother-in-law suite. With a new roof installed in 2022, this home is ready for your vision and finishing touches to bring out its full potential!

749 12th Street NE, Owatonna

Listing courtesy of Weichert, REALTORS- Heartland.

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