Austin

Background Image

Austin, MN Area Guide

Avg Rent

$1,269

Population

27,037

Renter Mix

32% Rent

A picturesque community alive with Midwestern charm

Historic Rural Affordable Sports Stadium Parks

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.

Demographics

Median Household Income

$56,658

Average: $73,019

Education

5,144

Residents Have a Degree

Job Market

13,220

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

37 Years

Largest Age Group

10-19 Years

Approximately 15% of Residents

Under 20

28%

Over 65

18%

Housing Distribution

Austin has more homeowners than renters.

Renters
32%
Non-Renters
68%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
16%
Other Education
84%

Rent Trends

As of May 2026, the average apartment rent in Austin, MN is $1,177 for a studio, $1,269 for one bedroom, $1,233 for two bedrooms, and $1,167 for three bedrooms. Apartment rent in Austin has increased by 3.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,269/month
693 Sq Ft
House
$1,529/month
1,168 Sq Ft
See Rental Market Trends in Austin, MN

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

I.J. Holton Intermediate School

Public

Grades K-5

741 Students

Southgate Elementary

Public

Grades K-5

496 Students

Sumner Elementary

Public

Grades PK-5

325 Students

Banfield Elementary

Public

Grades PK-5

461 Students

Neveln Elementary

Public

Grades PK-5

339 Students

Ellis Middle

Public

Grades 6-8

720 Students

Austin Community Learning Center

Public

Grades PK-12

37 Students

Oakland Education Center

Public

Grades K-12

34 Students

Bank School

Public

Grades K-12

32 Students

Austin Senior High

Public

Grades 9-12

1,345 Students

Austin Community Learning Center

Public

Grades PK-12

37 Students

Oakland Education Center

Public

Grades K-12

34 Students

Bank School

Public

Grades K-12

32 Students

Smec Credit Recovery

Public

Grades 9-12

1 Students

Points of Interest

Parks and Recreation

  • Sola Fide Observatory
  • Jay C. Hormel Nature Center

Airports

  • Rochester International

Top Apartments in Austin

Houses for Rent in Austin

Search Nearby Rentals

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.