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Aire earns a strong overall impression with high marks for price, location, amenities, and trustworthiness, reflecting solid value and everyday convenience. It also stands out for included utilities, a quiet setting with work-from-home-friendly common areas and natural light, plus features like stainless steel appliances, custom cabinetry, a fireplace, a grilling area, and an outdoor pergola.
Things you’ll love
Less expensiveMore spaceHigh school nearbyGreat for
Work-from-home| 0BR/1.0BA | Studio | 1 bath | 491 sqft | $1,020 /mo | 2 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–$1,300 /mo | 24 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 | 11 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. |
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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 5% less than the average rent price for studios in Owatonna.
1-bedroom apartments here are priced 12% higher than 1-bedrooms in Owatonna.
If you decide to upgrade your space, you can expect 2-bedrooms at Aire to be 2% 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 |
| June 2026 | $1,112 |
| July 2026 | $1,073 |
Can I afford to live at 525 Hillcrest Ave?
Bedrooms
Rent-to-income ratio
30%
$40,800/yr
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