ZIP Code · MN

ZIP 55912

Part of Austin, MN

Pop. 29,632·Mower County·115th most expensive ZIP in Minnesota

Median rent (all units)

$1,161/mo

Year-over-Year

+9.1%

Month-over-Month

+1.2%

vs US Median

-$771

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 55912 · $1,161

More affordable than 93% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 55912 is at its highest level since Zillow's records here began in June 2023.

Past year vs. the rest of Minnesota

Rent in ZIP 55912 changed +9.1% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($70,177) is $1,754 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,490).

From Zillow's monthly rent index (ZORI) for ZIP 55912. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,932/yr

At $1,161/mo median

Location

CityAustin

StateMN

CountyMower County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.1% YoY, +1.2% 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: October 17, 2026

ZIP code 55912 covers Austin, MN. The median rent here is $1,161/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,070/mo.

At 20% of local median household income ($70,177/yr), ZIP 55912 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.1% over the past year.

FAQ

Frequently asked questions

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 $46,000/year (about $22/hour full-time) to afford the median rent of $1,161/mo in ZIP 55912. The local median household income is $70,177/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55912?

Rent in ZIP 55912 has risen 9.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2023.

How does ZIP 55912 compare to other ZIPs in Minnesota?

ZIP 55912 is one of the more affordable among Minnesota ZIP codes for rent, ranking #115 of 123 at $1,161/mo. Over the year to September 2026, rent in ZIP 55912 changed +9.1%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.