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ZIP Code · MN

ZIP 55912

Part of Austin, MN
Pop. 29,632·Mower County·123rd most expensive ZIP in Minnesota
Median rent (all units)
$947/mo
Year-over-Year
+26.4%
Month-over-Month
-4.2%
vs US Median
-$1,018
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55912 · $947
More affordable than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$740
1 BR
$820
2 BR
$1,070
3 BR
$1,380
4 BR+
$1,490
Research median
$1,070/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$11,364/yr
At $947/mo median
Location
CityAustin
StateMN
CountyMower County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 26.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+26.4% YoY, -4.2% MoM), not inventory.
Demographics

Who lives here

ZIP 55912 (Austin, MN) is majority owner-occupied, has a large share of families with children, 24.1% of residents hold a bachelor's degree or higher.

Population
29,632
Median income
$70,177
Median age
37.4
Renters
26%
Age distribution
26.6%
20.7%
23.7%
17.7%
Under 1826.6%
18–3420.7%
35–5423.7%
55–6411.2%
65+17.7%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
68.6%
17.2%
White68.6%
Black4.6%
Hispanic17.2%
Asian8.3%
Other1.3%
Education (25+)
14%
31.2%
30.7%
24.1%
No HS diploma14%
HS diploma31.2%
Some college30.7%
Bachelor's+24.1%
Housing tenure
74%
26%
Owner74%
Renter26%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55912 in Austin, MN has changed in 5 years

Income
$57,044 → $70,177
up 23.0%
Population
29,393 → 29,632
up 0.8%
Renter share
29% → 26%
-3.0 pts
Bachelor's+
24.2% → 24.1%
-0.1 pts

On the earnings side, the typical household in ZIP 55912 in Austin, MN now reports about $70,177, up from $57,044 in 2021. About 26% of households rent today, against 29% in 2021.

Community

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Local insights

Tips for renters in ZIP 55912

About renting in ZIP 55912

Last updated: July 20, 2026

ZIP code 55912 covers Austin, MN. The median rent here is $947/mo as of July 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,070/mo.

At 16% of local median household income ($70,177/yr), ZIP 55912 ranks as affordable compared to the national benchmark of 30%. Rents have increased 26.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55912?

As of July 20, 2026, the median monthly rent in ZIP 55912 (Austin, MN) is $947. This is based on aggregated data from public sources and community submissions.

How does ZIP 55912 rent compare to the US average?

ZIP 55912's median rent of $947/mo is $1,018 (52%) below the US national median of $1,965/mo.

How does ZIP 55912 compare to other ZIPs in Minnesota?

ZIP 55912 is among the more affordable ZIP codes in Minnesota, ranking #123 out of 123 ZIPs at $947/mo.

How much income do you need to rent in ZIP 55912?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (~$18/hour full-time) to afford the median rent of $947/mo in ZIP 55912. The local median household income is $70,177/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55912?

Rent in ZIP 55912 has increased 26.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55912 an affordable place to rent?

ZIP 55912 is considered very affordable for renters. At $947/mo, rent takes approximately 16% of the local median household income ($70,177/yr). The standard benchmark is 30%. ZIP 55912 falls comfortably within that range.

What percentage of ZIP 55912 residents rent vs. own?

According to Census data, approximately 26% of ZIP 55912 households are renters, while 74% are owner-occupied. ZIP 55912 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55912 compare to the rest of Austin?

ZIP 55912 sits right at the Austin citywide median of $947/mo.

When was rent data for ZIP 55912 last updated?

Rent data for ZIP 55912 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $947/mo, rent takes ~16% of ZIP 55912's median household income ($70,177/yr). The standard benchmark is 30%.

ZIP 55912 16%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55912 (Austin, MN)

Recent submissions

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