Performance indicators for the Owatonna short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Owatonna.
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Generally Investor friendly
STRs are permitted citywide and the city’s regime requires a straightforward Fire Department license and inspection with a two‑year renewal; fees are moderate, and the state’s Responsible Hospitality Act preempts stricter local licensing, so operational rules remain manageable with no meaningful caps.
Local STR Agent
STR specialist · Owatonna, MN
Owatonna ( OH-wə-TON-ə) is a city and the county seat of Steele County, Minnesota, United States. The population was 26,420 at the 2020 census. Owatonna is home to the Steele County Fairgrounds, which hosts the Steele County Free Fair in August. Interstate 35 and U.S. Highways 14, and 218 are three of the main routes in the city.