Austin, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Austin short-term rental market based on reliable data.

Listings

15 / 30

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$17,598

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$184,368

Median Home Sale Price

Top Earners

$27,276

Top-Earners Revenue

Austin

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Austin.

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B

Generally Investor friendly

Austin Regulations

Austin allows STRs but requires a standard rental dwelling license, an annual inspection, licensing fees, and compliance with crime‑free housing training and tenant screening—moderate cost/complexity with no obvious caps and enforcement focused on routine compliance, making the market workable for investors.

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About Austin

Austin is a city in, and the county seat of, Mower County, Minnesota, United States. The population was 26,174 at the 2020 census. The town was originally settled along the Cedar River and has two artificial lakes, East Side Lake and Mill Pond. It was named for Austin R. Nichols, the area's first European settler.Hormel Foods Corporation is Austin's largest employer, and the city is sometimes called "SPAM Town USA". Austin is home to Hormel's corporate headquarters, a factory that makes most of North America's SPAM tinned meat, and the Spam Museum. Austin is also home to the Hormel Institute, a leading cancer research institution operated by the University of Minnesota with significant support from the Mayo Clinic.In 2015 Austin was named one of the "Top 10 Affordable Small Towns Where You'd Actually Want to Live" and one of the "Best Small Cities in America".

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