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Austin, MN Home Values and Rents
The typical home value in Austin is $187,648, 296th highest of 363 cities and towns in Minnesota. Median rent is $1,161 a month.
- Typical home value
- $187,648
- 296th of 363 in MN
- Median rent
- $1,161/mo
- Zillow observed rent
- Price change, 1 year
- +2.9%
- Sep 2026
- Homeownership
- 71.5%
- MN: 72.2%
Typical home value in Austin
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Austin |
|---|---|
| Sep 2026 | $187,648 |
| Dec 2025 | $186,169 |
| Dec 2024 | $176,557 |
| Dec 2023 | $168,075 |
| Dec 2022 | $160,570 |
| Dec 2021 | $148,754 |
| Dec 2020 | $129,916 |
| Dec 2019 | $115,382 |
| Dec 2018 | $109,124 |
| Dec 2017 | $99,404 |
| Dec 2016 | $93,093 |
| Dec 2015 | $88,034 |
| Dec 2014 | $84,417 |
| Dec 2013 | $85,487 |
| Dec 2012 | $84,233 |
Over five years, Austin prices changed +27.6%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with Minnesota
- Median home value
- $163,900 · MN $329,300
- Median gross rent
- $953/mo · MN $1,280
- Home value to income
- 2.4 times the median household income ($68,057)
- Rent to income
- A year of median rent equals 17% of median household income
- Owner-occupied
- 71.5% of 10,110 households
- Housing units
- 10,909
- Vacancy rate
- 7.3%
- Median year built
- 1957
Fair Market Rents, FY2027
HUD rent standard for Mower County, MN
| Unit size | Monthly rent |
|---|---|
| Studio | $752 |
| 1 bedroom | $826 |
| 2 bedrooms | $1,080 |
| 3 bedrooms | $1,440 |
| 4 bedrooms | $1,445 |
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 55912 | $170,200 | $951 | +8.3% | +52.3% |
Frequently asked questions
- What is the typical home value in Austin, MN?
- The typical home value in Austin is $187,648 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
- How much is rent in Austin?
- The median rent in Austin is $1,161 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,080.
- Are home prices going up in Austin?
- The typical home value in Austin changed +2.9% over one year and +27.6% over five years, as of Sep 2026.
- How does Austin compare with the rest of Minnesota?
- Austin has the 296th highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.
- Which ZIP code in Austin has the highest home values?
- ZIP code 55912 has the highest median home value at $170,200.