Updated 9 Minutes Ago
Highlights
- Private entrance
- Private bathroom
Location
124 N Federal Ave, Mason City, IA 50401, USA
Tour 124 N Federal Ave
Contact
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Property Overview
Private entrance and private bathroom add convenience and privacy, while 22 photos provide a helpful preview of the space. Its value per square foot ranks in the 71.43 percentile locally, and extra room plus large windows make it a strong option for a home office setup.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images Available
Great for
Work-from-home
Amenities for 124 N Federal Ave
Features
| Central Air | Three Floors |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 124 N Federal Ave
Property Status: Active 124 N Federal Ave. Downtown Office Space for Lease. Unit 124 N Federal Ave is a 7 room ground floor 7 room main level office suite. Private entrance directly to sidewalk/street for great accessibility. Front reception room and open office space up front. 4 generous sized offices, private in suite bathroom, and this unit includes an additional mezzanine level with 3 more bonus rooms. Great opportunity for a spacious executive office suite on ground level. 1765 Sq Ft of office space on main level, plus an additional 552 sq ft mezzanine for a total of 2317 sq ft. Brand New windows and exterior entrance doors throughout the entire building. New membrane roof. New rooftop Solar Panel array. Lease rate $1450/mo. Landlord pays gas/electric/water. 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. Property is in the Downtown Opportunity Zone. Office Phone: (641) 424-9400 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 124 N Federal Ave compares to other nearby properties.
Positives
- More space
- Studio is 984 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.5 miles away
Address details
| Zip code | 50401 |
|---|---|
| Type | House for rent |
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Rent trends in Mason City
studio apartments at 124 N Federal Ave cost about 45% more than the average rent price for studio apartments in Mason City.
Median rents as of Oct 24 2026.
Mason City
| Month | Median Rent |
|---|---|
| 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 |
| August 2026 | $975 |
| September 2026 | $1,000 |
| October 2026 | $1,000 |
Affordability calculator
Can I afford to live at 124 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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this studio monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 124 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-
Getting around Mason City near 124 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 124 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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