Updated 3 Days Ago
Highlights
- Gated community
- Laundry facility
Location
422 N Cedar Ave, Owatonna, MN 55060, USA
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Property Overview
422 N Cedar Ave earns an 8/10 overall rating, with especially strong marks for amenities, location, price, and trustworthiness. Its gated community and laundry facility add convenience, while the strong value-for-money score and nearby schools further support its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
- Middle school nearby
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 400+ sqft | $745 /mo | 2 units available | Courtyard Apartments are conveniently located in downtown Owatonna. Walking distance to a variety of stores, restaurants and parks. Gated community with a tree filled courtyard. Laundry facility on the property. Gas, Water, Sewer and Trash all included in rent. At Diversified Property Management Services LLC, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus resident rewards, ID protection, utility setup assistance, credit building and more at a rate of $20.00/month, included with the rental. More details upon application. |
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Amenities for 422 N Cedar Ave
Apartment Amenities
| Gas | Trash |
| Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Sewer |
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
Resident Benefits Package
Monthly.
$20
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 23 |
|---|
About 422 N Cedar Ave
Courtyard Apartments are conveniently located in downtown Owatonna. Walking distance to a variety of stores, restaurants and parks. Gated community with a tree filled courtyard. Laundry facility on the property. Gas, Water, Sewer and Trash all included in rent. At Diversified Property Management Services LLC, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus resident rewards, ID protection, utility setup assistance, credit building and more at a rate of $20.00/month, included with the rental. More details upon application.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 422 N Cedar Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 422 N Cedar Ave has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 422 N Cedar Ave is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
422 N Cedar Ave goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, 422 N Cedar Ave receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
422 N Cedar Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 422 N Cedar Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 422 N Cedar Ave compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.2 miles away
- Middle school nearby
- There is a middle school 0.9 miles away
- Elementary school nearby
- There is an elementary school 0.5 miles away
- Eco-friendly trash disposal
- This property has recycling pickup
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 2.0 miles away
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Rent trends in Owatonna
studio apartments at 422 N Cedar Ave cost about 27% less than the average rent price for studio apartments in Owatonna.
Median rents as of Aug 8 2026.
Owatonna
| Month | Median Rent |
|---|---|
| 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 |
| August 2026 | $1,046 |
Affordability calculator
Can I afford to live at 422 N Cedar 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
$29,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,800 annually to afford this studio monthly rent price of $745.
For more information on rent affordability, visit our rent calculator.
Schools near 422 N Cedar 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 422 N Cedar Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
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 422 N Cedar Ave, Owatonna
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
4/10
Few or no bars within walking distance
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