2025 Compare Cities Housing:
Owatonna, MN vs Prior Lake, MN

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Highlights
- The median age of a home in Owatonna is 45.7% older than the median age of a home in Prior Lake.
 Owatonna, MNPrior Lake, MNUnited States
 Median Home Age46  Unlock42
 Median Home Cost  Unlock$486,900$338,100
 Home Appr. Last 12 months12.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.94.0%  Unlock101.1%
 Property Tax Rate  Unlock$11.3$11.0
 Homes Owned70.4%  Unlock57.4%
 Housing Vacant  Unlock2.7%11.2%
 Homes Rented26.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Owatonna, MNPrior Lake, MNUnited States
 Average Rent  Unlock$1,940$1,840
 Studio Apartment$660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,180$1,180
 2 Bedroom Home or Apartment$930  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,970$1,860
 4 Bedroom Home or Apartment$1,580  Unlock$2,160
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 Vacant Housing
 Owatonna, MNPrior Lake, MNUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.4%3.6%
 Vacant Other1.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Owatonna, MNPrior Lake, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99924.8%  Unlock11.3%
 $150,000 to $199,999  Unlock7.5%13.0%
 $200,000 to $299,99929.6%  Unlock20.1%
 $300,000 to $399,999  Unlock23.9%13.6%
 $400,000 to $499,9993.0%  Unlock8.3%
 $500,000 to $749,999  Unlock14.2%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.9%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.7%1.1%
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 Housing Units By Year Built
 Owatonna, MNPrior Lake, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock26.1%13.6%
 2000 to 200914.4%  Unlock13.6%
 1990 to 1999  Unlock20.5%13.6%
 1980 to 19899.1%  Unlock13.2%
 1970 to 1979  Unlock10.8%14.8%
 1960 to 196913.0%  Unlock13.6%
 1950 to 1959  Unlock3.1%10.0%
 1940 to 19493.4%  Unlock4.7%
 1939 or Earlier  Unlock1.0%12.2%
Reviews for Owatonna    1 Reviews

OWATONNA, WITH A POPULATION OF LESS THAN 30,000, SITS RIGHT ON US INTERSTATE 35... ONLY 45 MINUTES TO MAYO CLINIC, 45 MINUTES TO MSP/ST PAUL INTERNATIONAL AIRPORT!   More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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