Zumper
modified
Updated 5+ Days Ago

Highlights

  • Stainless steel appliances
  • Granite countertops
  • Shared laundry facilities
  • Custom-crafted cabinetry
  • Street parking
  • 2 dryers, 2 washers

Location

422 Division St S, Northfield, MN 55057, USA
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Contact

Management

Kraewood Flats

Leasing office

(507) 331-4123

Property Overview

The Cornerstone Building offers a strong mix of value, convenience, and amenities, with an 8.6 Zumper Expert Rating, top price and amenities scores, and a highly rated location. It also includes stainless steel appliances, granite countertops, custom-crafted cabinetry, shared laundry facilities, and street parking, with features that support work-from-home living such as included utilities and high-speed internet.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, The Cornerstone Building is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Cornerstone Building has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Dishwasher
  • Eco-friendly trash disposal

Great for

  • Work-from-home

Floor plans

4BR/2.0BA4 bed2 bath1,567 sqft$2,500 /mo1 unit availableWelcome to this beautiful 4-bedroom, 2-bath apartment located in the heart of downtown Northfield! Combining historic charm with modern conveniences, this spacious apartment offers a unique living experience just steps away from local shops, restaurants, and everything downtown has to offer. The historic transom above the front door reflects the character and history of the building, while the high ceilings and large windows create a bright, open atmosphere filled with natural light. The apartment features granite countertops, custom-crafted cabinetry, and stainless steel appliances, making it both stylish and functional. Residents enjoy the convenience of shared laundry facilities located on the same level as the apartment as well as easy access through either of the building's two entrances. Please note that the apartment is located on an upper floor and stair access is required. Utilities Included: water, sewer, snow removal Utilities Not included: electricty, gas Each person over the age of 18yr that will be living in the home will need to fill out a separate application. $50 Nonrefundable 1x fee for each application to be submitted. Applications are good in our system for up to 6 months and can be moved to other properties. Pet policy allows up to 2 animals in the apartment. Each animal will be required to be fully vaccinated. Copies of vaccination reports are to be provided to management before the animal may live on the property. Each animal moving into the home will be required to have a 1x nonrefundable pet fee of $350 for the 1st animal and $150 for any additional animal along with a monthly pet rent fee of $50/month per animal that will be living in the home. Registered ESA's do not require a 1x nonrefundable fee or a monthly pet rent fee. All of our properties require renters' insurance by move in. Security Deposits are equal to first month's rent and are due to be paid in full in order to secure an apartment. You can find all of our current listings on our website at www trekkproperties com We look forward to hearing from you. Monthly rent prices starting at : $2,500 Internet Fee: $65 Security Deposit: Equal to monthly rent. Application fee: $50 Lease admin fee:$100

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Amenities for The Cornerstone Building

Apartment Amenities

Trash

Appliances

DishwasherMicrowave
OvenRange
RefrigeratorStove/Oven
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
Building details

Property details

Units5

About The Cornerstone Building

HomeApartments in Northfield The Cornerstone Building

Historic Building in Downtown Northfield. 2 Commercial Spaces on the Main Level - Farmstead bike shop and Tin Tea. 5 residential apartments. 3x - 1 bedrooms and 2x - 4 bedrooms. Street parking around building - shared coin operated laundry which has 2 dryers and 2 washers. Cleaning is done bi weekly for the property. Tenant storage located in the basement


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, The Cornerstone Building is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Cornerstone Building has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated The Cornerstone Building
Price·10A 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.
The Cornerstone Building offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
The Cornerstone Building goes above and beyond to provide sought-after conveniences and desirable perks, including trash. Renters looking for popular or luxurious features will find them here—and for that reason, The Cornerstone Building 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.
The Cornerstone Building 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 The Cornerstone Building 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.

The Cornerstone Building is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 1 internet service provider option nearby
  • 1 coworking space or cafe within 1 mile

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 The Cornerstone Building compares to other nearby properties.

Positives

High school nearby
There is a high school 0.7 miles away
Dishwasher
Dishwasher available in kitchen
Eco-friendly trash disposal
This property has recycling pickup

Considerations

Distance from grocery stores
The nearest grocery store is 4.6 miles away
Greater distance from grade schools
The nearest elementary school is farther than 0.9 miles away
Lacks images
Fewer than 5 photos available for this property

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Rent trends in Northfield

4-bedroom apartments at The Cornerstone Building cost about 19% more than the average rent price for 4-bedroom apartments in Northfield.

Median rents as of Oct 31 2026.
Northfield
A table of studio rental data trends in Northfield
MonthMedian Rent
November 2024$1,030
December 2024$1,000
January 2025$1,000
February 2025$1,086
March 2025$1,105
April 2025$1,240
May 2025$1,269
June 2025$1,285
July 2025$1,300
August 2025$1,266
September 2025$1,209
October 2025$1,288
November 2025$1,271
December 2025$1,188
January 2026$1,109
February 2026$1,131
March 2026$1,000
April 2026$990
May 2026$1,092
June 2026$1,101
July 2026$1,008
August 2026$1,227
September 2026$1,291
October 2026$1,116

Affordability calculator

Can I afford to live at 422 Division St S?

Bedrooms

4+ bedrooms

Rent-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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 4-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.

Schools near The Cornerstone Building

Northfield Portage Elementary

201 orchard st s

northfield, MN, 55057

K-5Public

Spring Creek Elementary

1400 maple st

northfield, MN, 55057

K-5Public
A-

Northfield Community Education Center

700 lincoln parkway

northfield, MN, 55057

PKPublic

Minnesota State Academy for the Deaf

615 olof hanson dr

faribault, MN, 55021

PK, K-12Public

McKinley Pre-K

930 4th ave nw

faribault, MN, 55021

PKPublic
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Getting around Northfield near 422 Division St S

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 422 Division St S, Northfield

Groceries

9/10
At least one grocery store within a few minutes' 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

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

4/10
Few or no bars within walking distance

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