Find MoreCities in Minnesota that start with O, Post Office Suburb:OWATONNA, MN, 55060-2303, . 1 bedrooms are also common and rent for $500-$749/month. 55060 zip code is part of Steele County. The annual BestPlaces Comfort Index for the Owatonna (zip 55060) area is 6.6 (10=best), which means it is more comfortable than most places in Minnesota. It is located about 61 miles south of MN's capital city of Saint Paul. In the most recent US census the population of Owatonna was 609. 770 El Dorado St SE, Owatonna, MN 55060. About ZIP code 55060. 29258 County Road 45, Clarks Grove. The percentage of children under 18 living in the 55060 ZIP code is large compared to other areas of the country. You may also want to check out 9 childcare centers in Zip Code 55060 Child Care Centers. Owatonna is part of the Central Standard Time. 55060 Zip Code is part of the 507 area code. 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