Updated 13 Hours Ago
Location
531 S Oak Ave, Owatonna, MN 55060, USA
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Amenities for 531 S Oak Ave
Apartment Amenities
| Hardwood Floor | Radiant |
| Water |
Appliances
| In-Unit Laundry | Range/Oven |
| Refrigerator |
Building
| Cats OK | Sewage |
Grounds
| Assigned Parking | Off-Street Parking |
| Outdoor Space |
Services
| Garbage |
Neighborhood
| Near Parks |
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
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 531 S Oak Ave
Property Id: 1214193 -3 bedroom 1 bathroom apartment near downtown Owatonna, 5 minutes walk to Fareway grocery store & Morehouse Park -refrigerator, gas range and oven included -Basement coin washer and dryer available -Backyard parking space. -Private stairway. -Landlord covers trash, sewer, lawn care and snow removal. -Tenants pay electric and gas. -Smoking is only allowed outside, no smoking in building - background check prior to being approved to rent. -Pet-Friendly! Well-behaved cats (maximum 2) are welcome with an additional $35/month pet rent. -Available immediately. Serious inquires only please.
Address details
| Zip code | 55060 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Owatonna
3-bedroom apartments at 531 S Oak Ave cost about 27% less than the average rent price for 3-bedroom apartments in Owatonna.
Median rents as of Aug 29 2026.
Owatonna
| Month | Median Rent |
|---|---|
| October 2024 | $1,623 |
| November 2024 | $1,795 |
| December 2024 | $1,847 |
| January 2025 | $1,785 |
| February 2025 | $1,785 |
| June 2025 | $1,800 |
| May 2026 | $1,395 |
| July 2026 | $2,000 |
| August 2026 | $1,895 |
Affordability calculator
Can I afford to live at 531 S Oak Ave?
Bedrooms
3 bedroomsRent-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
$54,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 3-bedrooms monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $1,300 |
Schools near 531 S Oak Ave
Owatonna Early Childhood Special Education
338 main st e
owatonna, MN, 55060
PKPublic
Wilson Elementary School
325 meadow ln
owatonna, MN, 55060
PK, K-5Public
B-
Owatonna Online K-5
1050 22nd st ne
owatonna, MN, 55060
K-5Public
B
Waseca Early Childhood
501 elm ave e
waseca, MN, 56093
PKPublic
Alexander Learning Academy
200 western ave nw suite a
faribault, MN, 55021
K-12Public
Getting around Owatonna near 531 S Oak Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 531 S Oak Ave, Owatonna
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Nightlife
3/10
Few or no bars within walking distance
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