Rental numbers for the Austin, MN metro
The typical home here runs -$763 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.4%.
- Gross yield
- 6.0%
- typical home, Zillow
- Median ZIP yield
- 6.4%
- 1 ZIPs with full data
- Cash flow
- -$763/mo
- at 7.78%, 25% down
- Typical price
- $205,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,020/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
12 with published figures
| 55961Ostrander | $218,000 | $1,190* | 6.6% | 2.6% | -$699 | n/a |
| 55912Austin | $192,000 | $1,027 | 6.4% | 2.3% | -$660 | +8.0% |
| 55973Sargeant | $311,000 | $1,580* | 6.1% | 2.7% | -$983 | n/a |
| 55918Brownsdale | $204,000 | $970* | 5.7% | 1.8% | -$802 | n/a |
| 55953Lyle | $206,000 | $970* | 5.7% | 1.7% | -$826 | n/a |
| 55951Le Roy | $216,000 | $970* | 5.4% | 1.5% | -$901 | n/a |
| 55982Waltham | $295,000 | $1,210* | 4.9% | 1.8% | -$1,159 | n/a |
| 55967Racine | $357,000 | $1,450* | 4.9% | 1.7% | -$1,433 | n/a |
| 55909Adams | $257,000 | $970* | 4.5% | 0.8% | -$1,210 | n/a |
| 55936Grand Meadow | $265,000 | $970* | 4.4% | 0.7% | -$1,286 | n/a |
| 55926Dexter | $297,000 | $980* | 4.0% | 0.7% | -$1,428 | n/a |
| 55970Rose Creek | $301,000 | $970* | 3.9% | 0.5% | -$1,489 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.5%
- Rent, 12 months
- +8.2%
- Rent minus price growth
- +4.6 pts
- Property tax
- 1.04%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $159,763 | n/a |
| Aug 2022 | $178,328 | n/a |
| Aug 2023 | $178,286 | $797 |
| Aug 2024 | $189,147 | $864 |
| Aug 2025 | $198,264 | $943 |
| Aug 2026 | $205,263 | $1,020 |
Counties
- Mower County, MN6.4% median yield
Tools
Questions
- Is the Austin, MN metro good for rental property?
- The typical home here runs -$763 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.4%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Austin, MN metro have the highest rental yield?
- 55912 (Austin) at 6.4%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.