Zumper
modified
5+ Days Ago

Location

401 2nd Avenue Southwest, Austin, Minnesota 55912, United States
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Contact

Management

K Properties Management LLC

Leasing office

(844) 334-3308 ext. 3639

Property Overview

401 2nd Ave SW is a highly rated property, receiving an 8 out of 10 for overall quality, coupled with a competitive price rating of 9. It features off-street parking and an excellent array of amenities, complemented by a prime location that offers convenient access to schools and local attractions. The property demonstrates transparency and reliability, with a trustworthiness rating of 7, highlighting its value within the area’s market.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 401 2nd Ave SW is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 401 2nd Ave SW has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • More space

Floor plans

401 2nd Ave SW - 1-2021 bed1 bath515 sqft$895 /mo1 bedroom 1 bathroom apartment on second floor. Newer flooring in kitchen. Hardwood floors in living room and bedroom. Off-street parking available.

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Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 401 2nd Ave SW

HomeApartments in Austin 401 2nd Ave SW

1 bedroom 1 bathroom apartment on second floor. Newer flooring in kitchen. Hardwood floors in living room and bedroom. Off-street parking available.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 401 2nd Ave SW is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 401 2nd Ave SW has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 401 2nd Ave SW
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
401 2nd Ave SW stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 401 2nd Ave SW is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
401 2nd Ave SW is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 401 2nd Ave SW does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
401 2nd Ave SW provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 401 2nd Ave SW compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Middle school nearby
There is a middle school 0.3 mile away
More space
The 1-bedroom is 136 sqft larger than other listings nearby

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Rent trends in Austin

1-bedroom apartments at 401 2nd Ave SW cost about 13% more than the average rent price for 1-bedroom apartments in Austin.

Median rents as of Dec 13 2025.
Austin
A table of studio rental data trends in Austin
MonthMedian Rent
December 2023$650
January 2024$550
February 2024$600
March 2024$632
April 2024$643
May 2024$716
June 2024$643
July 2024$609
August 2024$568
September 2024$578
October 2024$575
November 2024$595
December 2024$642
January 2025$537
February 2025$587
March 2025$686
April 2025$600
May 2025$640
June 2025$650
July 2025$650
August 2025$650
September 2025$650
October 2025$650
November 2025$650
December 2025$600

Affordability calculator

Can I afford to live at 401 2nd Avenue Southwest?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 1-bedroom monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.

Schools near 401 2nd Ave SW

Austin Community Learning Center

912 1st ave ne

austin, MN, 55912

PK, K-12Public

Banfield Elementary School

301 17th st sw

austin, MN, 55912

PK, 1-4Public
C+

Woodson Kindergarten Center

1601 4th st se

austin, MN, 55912

PK, KPublic
B+
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Internet available near 401 2nd Ave SW

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Austin near 401 2nd Avenue Southwest

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 401 2nd Avenue Southwest, Austin

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

3/10
Few or no bars within walking distance

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