Mill on Main I & II
704 1st Dr NW,
Austin, MN 55912
$1,214 - $2,514 Plus Fees
Studio - 3 Beds
Austin
Austin, MN Area Guide
A picturesque community alive with Midwestern charm
Historic
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Rural
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Affordable
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Sports
•
Stadium
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Parks
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Austin is a rural city in southeastern Minnesota, about 100 miles due south of Minneapolis. This fairly secluded community is home to the headquarters of Hormel Foods Corporation, and frequently bills itself as “SPAM Town USA” (there’s even a Spam museum downtown). In the winter, locals love going to Austin Bruins hockey games at Riverside Arena, and Bandshell Community Park regularly hosts unique community events in the warmer months. The historic charm, cozy atmosphere, and affordable cost of living have landed Austin on countless lists of best small towns in the United States. The affordable rental market features a diverse selection of options for any budget or lifestyle.
Rent Trends
As of March 2026, the average apartment rent in Austin, MN is $1,220 for a studio, $1,252 for one bedroom, $1,217 for two bedrooms, and $1,167 for three bedrooms. Apartment rent in Austin has increased by 2.6% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,252/month
693 Sq Ft
House
$1,483/month
922 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Austin, MN is for everyday living.
Car-Dependent
43
/ 100
This area is considered a car-dependent area and most errands will require a car.
Bikeable
59
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Schools
I.J. Holton Intermediate School
Public
Grades K-5
Public
Grades PK-5
Public
Grades K-5
Public
Grades PK-5
Public
Grades PK-5
Public
Grades 6-8
Public
Grades K-12
30 Students
Public
Grades K-12
Austin Community Learning Center
Public
Grades PK-12
Austin Albert Lea Area Sp Ed Coop
Public
Grades K-12
Public
Grades 9-12
Public
Grades K-12
30 Students
Public
Grades K-12
Austin Albert Lea Area Sp Ed Coop
Public
Grades K-12
Austin Community Learning Center
Public
Grades PK-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Sola Fide Observatory
- Jay C. Hormel Nature Center
Airports
- Rochester International
Colleges
Top Apartments in Austin
Houses for Rent in Austin
Search Nearby Rentals
Nearby City Rentals
Nearby House Rentals
Nearby City Guides
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.