Updated 5+ Days Ago
Location
122 N Federal Ave, Mason City, IA 50401, USA
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Amenities for 122 N Federal Ave
Features
| Central Air | Three Floors |
Community
| Exterior Type: Frame | Roof Type - Flat |
Other
| Exterior Type: Brick Veneer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 122 N Federal Ave
Property Status: Active 122 N Federal Ave. Downtown Office space available. Unit 122 N Federal Ave is a 1450 Sq Ft suite on main ground floor level in the 3 story Historic Elks Club Building. Private suite entrance walks out directly to street/sidewalk access. 3 office room suite with separate men's and ladies half baths. Coffee/kitchenette room Many recent upgrades.. New windows and exterior entrance doors throughout the entire building. New membrane roof. Complete rooftop Solar Panel array. Lease rate $950/mo. Tenant pays utilities. Historic Building! Legendary Composer and Bandmaster Meredith Wilson of The Music Man fame even worked in this building when it was the Vance Music Store. Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 122 N Federal Ave compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 50401 |
|---|---|
| Type | House for rent |
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Rent trends in Mason City
studio apartments at 122 N Federal Ave cost about 5% less than the average rent price for studio apartments in Mason City.
Median rents as of Jul 25 2026.
Mason City
| Month | Median Rent |
|---|---|
| August 2024 | $1,170 |
| September 2024 | $2,000 |
| April 2025 | $826 |
| May 2025 | $836 |
| October 2025 | $800 |
| November 2025 | $787 |
| December 2025 | $779 |
| January 2026 | $754 |
| February 2026 | $752 |
| March 2026 | $751 |
| April 2026 | $731 |
| May 2026 | $775 |
| June 2026 | $883 |
| July 2026 | $987 |
Affordability calculator
Can I afford to live at 122 N Federal Ave?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this studio monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near 122 N Federal Ave
Mason City Virtual Academy
1515 s pennsylvania ave
mason city, IA, 50401
K-12Public
Harding Elementary School
1239 n rhode island ave
mason city, IA, 50401
PK, K-4Public
B-
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Internet available near 122 N Federal Ave
Getting around Mason City near 122 N Federal Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 122 N Federal Ave, Mason City
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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