Updated 5+ Days Ago
Highlights
- Hardwood floors
- Large kitchen
- Off-street parking available
Location
401 2nd Ave Sw, Austin, MN 55912, USA
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Property Overview
401 2nd Ave SW has an overall strong renter appeal, with an 8.3 Expert Rating supported by excellent value, solid amenities, and a highly convenient location. Its hardwood floors, large kitchen, and off-street parking add to the appeal, while nearby top-rated schools and a good number of photos help provide a clearer picture of the property.
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.
Things you’ll love
High school nearby- Middle school nearby
- Less expensive
Floor plans
| 401 2nd Ave SW - 1-301 | 2 bed | 1 bath | 715 sqft | $950 /mo | Great 2 bedroom penthouse apartment! Large eat-in kitchen. Full bath. Hardwood floors. Off-street available. Coin-op laundry in building. |
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Policies and fees
Applicants
Application Fee
Per-applicant. 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
| Units | 1 |
|---|
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About 401 2nd Ave SW
Great 2 bedroom penthouse apartment! Large eat-in kitchen. Full bath. Hardwood floors. Off-street available. Coin-op laundry in building.
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.
8.3
/10
Very GoodWith a solid 8.3 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.
Price·10A 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 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Austin
2-bedroom apartments at 401 2nd Ave SW cost about 5% less than the average rent price for 2-bedroom apartments in Austin.
Median rents as of Aug 15 2026.
Austin
| Month | Median Rent |
|---|---|
| September 2024 | $573 |
| 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 |
| January 2026 | $635 |
| February 2026 | $650 |
| March 2026 | $737 |
| April 2026 | $681 |
| May 2026 | $685 |
| June 2026 | $700 |
| July 2026 | $704 |
| August 2026 | $669 |
Affordability calculator
Can I afford to live at 401 2nd Ave Sw?
Bedrooms
2 bedroomsRent-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
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
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
CLC - Pre-Kindergarten
912 1st ave ne
austin, MN, 55912
PKPublic
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+
Oakland Education Center
2001 2nd ave nw
austin, MN, 55912
K-12Public
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Internet available near 401 2nd Ave SW
Neighborhood
Getting around Austin near 401 2nd Ave Sw
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 401 2nd Ave Sw, Austin
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
4/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
5/10
Variety of bars within a short drive
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