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Aire is a highly rated community with an 8.4/10 expert score, highlighted by exceptional value for money and a 10/10 price rating, plus a strong 9/10 location near a top-rated high school. Residents benefit from quality finishes like stainless steel appliances, custom cabinetry, and a fireplace, as well as shared perks such as a grilling area and outdoor pergola, all supported by transparent, trustworthy property information. Its quiet environment, natural light, common work areas, and available internet option make it particularly appealing for people who work from home.
Things you’ll love
Less expensiveMore spaceHigh school nearbyGreat for
Work-from-home| 0BR/1.0BA | Studio | 1 bath | 491 sqft | $1,020 /mo | 5 units available | Welcome to Aire—Owatonna’s newest multifamily community, thoughtfully designed for comfort, convenience, and connection. Tucked along the quiet east edge of the city, Aire offers a peaceful residential setting with quick and easy access to Highway 14 and close proximity to the area’s newest high school. Surrounded by charming single-family homes, scenic woodlands, walking trails, parks, and baseball fields, Aire delivers a rare blend of urban convenience and small-town tranquility. Whether you're enjoying a morning walk or relaxing outdoors, you’ll love the balance of nature and neighborhood living right outside your door. Choose from a variety of modern floor plans, including studio, one-bedroom, and two-bedroom apartments. Each unit features stainless steel appliances, custom cabinetry, hard-surface countertops, laminate wood flooring, and abundant natural light—creating a stylish and welcoming space to call home. Residents also enjoy access to beautifully designed common areas, including a cozy lobby with fireplace, a daily coffee bar, and a secure keyed package room. The community lounge offers comfortable seating and a warm, inviting atmosphere for gatherings, with French doors leading to an outdoor pergola and grilling area—perfect for entertaining or unwinding. For added flexibility, Aire includes a community boardroom ideal for remote work, meetings, or personal use—extending your living space beyond your apartment. At Aire, you’ll find more than just a place to live—you’ll discover a place to breathe, relax, and feel at home. | |
| 1BR/1.0BA | 1 bed | 1 bath | 723+ sqft | $1,290–$1,325 /mo | 27 units available | Welcome to Aire—Owatonna’s newest multifamily community, thoughtfully designed for comfort, convenience, and connection. Tucked along the quiet east edge of the city, Aire offers a peaceful residential setting with quick and easy access to Highway 14 and close proximity to the area’s newest high school. Surrounded by charming single-family homes, scenic woodlands, walking trails, parks, and baseball fields, Aire delivers a rare blend of urban convenience and small-town tranquility. Whether you're enjoying a morning walk or relaxing outdoors, you’ll love the balance of nature and neighborhood living right outside your door. Choose from a variety of modern floor plans, including studio, one-bedroom, and two-bedroom apartments. Each unit features stainless steel appliances, custom cabinetry, hard-surface countertops, laminate wood flooring, and abundant natural light—creating a stylish and welcoming space to call home. Residents also enjoy access to beautifully designed common areas, including a cozy lobby with fireplace, a daily coffee bar, and a secure keyed package room. The community lounge offers comfortable seating and a warm, inviting atmosphere for gatherings, with French doors leading to an outdoor pergola and grilling area—perfect for entertaining or unwinding. For added flexibility, Aire includes a community boardroom ideal for remote work, meetings, or personal use—extending your living space beyond your apartment. At Aire, you’ll find more than just a place to live—you’ll discover a place to breathe, relax, and feel at home. | |
| 2BR/1.0BA | 2 bed | 1 bath | 962+ sqft | $1,455–$1,500 /mo | 13 units available | Welcome to Aire—Owatonna’s newest multifamily community, thoughtfully designed for comfort, convenience, and connection. Tucked along the quiet east edge of the city, Aire offers a peaceful residential setting with quick and easy access to Highway 14 and close proximity to the area’s newest high school. Surrounded by charming single-family homes, scenic woodlands, walking trails, parks, and baseball fields, Aire delivers a rare blend of urban convenience and small-town tranquility. Whether you're enjoying a morning walk or relaxing outdoors, you’ll love the balance of nature and neighborhood living right outside your door. Choose from a variety of modern floor plans, including studio, one-bedroom, and two-bedroom apartments. Each unit features stainless steel appliances, custom cabinetry, hard-surface countertops, laminate wood flooring, and abundant natural light—creating a stylish and welcoming space to call home. Residents also enjoy access to beautifully designed common areas, including a cozy lobby with fireplace, a daily coffee bar, and a secure keyed package room. The community lounge offers comfortable seating and a warm, inviting atmosphere for gatherings, with French doors leading to an outdoor pergola and grilling area—perfect for entertaining or unwinding. For added flexibility, Aire includes a community boardroom ideal for remote work, meetings, or personal use—extending your living space beyond your apartment. At Aire, you’ll find more than just a place to live—you’ll discover a place to breathe, relax, and feel at home. | |
| 2BR/2.0BA | 2 bed | 2 bath | 1,031+ sqft | $1,560–$1,650 /mo | 13 units available | Welcome to Aire—Owatonna’s newest multifamily community, thoughtfully designed for comfort, convenience, and connection. Tucked along the quiet east edge of the city, Aire offers a peaceful residential setting with quick and easy access to Highway 14 and close proximity to the area’s newest high school. Surrounded by charming single-family homes, scenic woodlands, walking trails, parks, and baseball fields, Aire delivers a rare blend of urban convenience and small-town tranquility. Whether you're enjoying a morning walk or relaxing outdoors, you’ll love the balance of nature and neighborhood living right outside your door. Choose from a variety of modern floor plans, including studio, one-bedroom, and two-bedroom apartments. Each unit features stainless steel appliances, custom cabinetry, hard-surface countertops, laminate wood flooring, and abundant natural light—creating a stylish and welcoming space to call home. Residents also enjoy access to beautifully designed common areas, including a cozy lobby with fireplace, a daily coffee bar, and a secure keyed package room. The community lounge offers comfortable seating and a warm, inviting atmosphere for gatherings, with French doors leading to an outdoor pergola and grilling area—perfect for entertaining or unwinding. For added flexibility, Aire includes a community boardroom ideal for remote work, meetings, or personal use—extending your living space beyond your apartment. At Aire, you’ll find more than just a place to live—you’ll discover a place to breathe, relax, and feel at home. |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 73 |
|---|
Welcome to Aire—Owatonna’s newest multifamily community, thoughtfully designed for comfort, convenience, and connection. Tucked along the quiet east edge of the city, Aire offers a peaceful residential setting with quick and easy access to Highway 14 and close proximity to the area’s newest high school. Surrounded by charming single-family homes, scenic woodlands, walking trails, parks, and baseball fields, Aire delivers a rare blend of urban convenience and small-town tranquility. Whether you're enjoying a morning walk or relaxing outdoors, you’ll love the balance of nature and neighborhood living right outside your door. Choose from a variety of modern floor plans, including studio, one-bedroom, and two-bedroom apartments. Each unit features stainless steel appliances, custom cabinetry, hard-surface countertops, laminate wood flooring, and abundant natural light—creating a stylish and welcoming space to call home. Residents also enjoy access to beautifully designed common areas, including a cozy lobby with fireplace, a daily coffee bar, and a secure keyed package room. The community lounge offers comfortable seating and a warm, inviting atmosphere for gatherings, with French doors leading to an outdoor pergola and grilling area—perfect for entertaining or unwinding. For added flexibility, Aire includes a community boardroom ideal for remote work, meetings, or personal use—extending your living space beyond your apartment. At Aire, you’ll find more than just a place to live—you’ll discover a place to breathe, relax, and feel at home.
How Aire compares to other nearby properties.
Positives
Considerations
Studio apartments at Aire cost about 9% less than the average rent price for studios in Owatonna.
1-bedroom apartments here are priced 17% higher than 1-bedrooms in Owatonna.
If you decide to upgrade your space, you can expect 2-bedrooms at Aire to be 1% more than the average for similarly sized apartments in Owatonna.
| Month | Median Rent |
|---|---|
| August 2024 | $1,095 |
| September 2024 | $1,095 |
| October 2024 | $1,095 |
| November 2024 | $1,095 |
| December 2024 | $1,170 |
| January 2025 | $1,195 |
| February 2025 | $1,195 |
| March 2025 | $675 |
| June 2025 | $895 |
| July 2025 | $895 |
| August 2025 | $895 |
| September 2025 | $895 |
| October 2025 | $895 |
| November 2025 | $895 |
| December 2025 | $895 |
| January 2026 | $888 |
| February 2026 | $854 |
| March 2026 | $858 |
| April 2026 | $1,020 |
| May 2026 | $1,083 |
Can I afford to live at 525 Hillcrest Ave?
Bedrooms
Rent-to-income ratio
30%
$40,800/yr
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