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Updated 2 Days Ago

Highlights

  • Hardwood floors
  • Large kitchen
  • Off-street parking available

Location

401 2nd Ave Sw, Austin, MN 55912, USA
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Contact

Management

K Properties Management LLC

Leasing office

(844) 394-9520 ext. 4889

Property Overview

401 2nd Ave SW offers a strong mix of value, convenience, and livability, with an 8.3 Zumper Expert Rating, excellent price and location scores, and solid amenities. Key features include hardwood floors, a large kitchen, and off-street parking, while nearby highly rated middle and high schools and strong value for money add to its appeal.

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

8.3
Very Good
With 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.

Things you’ll love

  • Less expensive
  • High school nearby
  • Middle school nearby

Floor plans

401 2nd Ave SW - 1-1012 bed1 bath620 sqft$950 /mo2 bedroom 1 bathroom apartment on main floor of building. Hard floors throughout apartment. Close to high school, gas station and parks. Designated off-street parking.
401 2nd Ave SW - 1-3012 bed1 bath715 sqft$950 /moGreat 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

Units2
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About 401 2nd Ave SW

HomeApartments in Austin 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 Good
With 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.
How we rated 401 2nd Ave SW
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

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 0.3 mile away
Middle school nearby
There is a middle school 0.3 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Austin

If you decide to upgrade your space, you can expect 2-bedrooms at 401 2nd Ave SW to be 14% less than the average for similarly sized apartments in Austin.

Median rents as of Aug 1 2026.
Austin
A table of studio rental data trends in Austin
MonthMedian Rent
August 2024$565
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
January 2026$635
February 2026$650
March 2026$737
April 2026$681
May 2026$685
June 2026$700
July 2026$704
August 2026$708

Affordability calculator

Can I afford to live at 401 2nd Ave Sw?

Bedrooms

2 bedrooms

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

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms median 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

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

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

Explore the area around 401 2nd Ave Sw

Knauer's Meat Market
121 1st Ave NW
Asian Market
1000 1st Ave SW
Tienda Y Taqueria Guerrero
301 4th Ave NE
Jim's Marketplace Foods
301 11th St NE
Hy-Vee
1307 18th Ave NW

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