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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Austin city, Minnesota?

$953/month 10.8%vs 2023 ($860)

City · Census ACS 5-Year estimates

The median gross rent in Austin city, Minnesota is $953/month (±$72), based on Census ACS 5-Year estimates (2024). The median home value is $163,900 (±$6,984), and the median household income is $68,057/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Austin city, Minnesota

MetricValue
Median Gross Rent$953
Median Home Value$163,900
Median Household Income$68,057
Total Housing Units10,110
Renter-Occupied Units2,880
Renter-Occupied Share28%
Households Paying 50%+ Income753 households

How does Austin city, Minnesota compare?

Median gross rent ranked against all cities in Minnesota.

Higher rent than 60% of cities in Minnesota · 285th of 704

Cheapest: White Earth CDP($300)
Priciest: Minnetrista city($3,501)
#CityValue
1Minnetrista city$3,501
1North Oaks city$3,501
3Independence city$3,469
… 281 more …
285Austin city(you are here)$953
… 416 more …
702White Earth CDP$300
703Big Lake CDP$99
703Sanborn city$99

More data for Austin city, Minnesota

Frequently asked questions

What is the average rent in Austin city, Minnesota?

The median gross rent in Austin city, Minnesota is $953/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Austin city, Minnesota?

The median rent for a 2-bedroom in Austin city, Minnesota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Austin city, Minnesota?

The median home value in Austin city, Minnesota is $163,900 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Austin city are rent-burdened?

In Austin city, Minnesota, 753 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Austin city, Minnesota?

The median household income in Austin city, Minnesota is $68,057/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $953 has a margin of error of ±$72. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.