Community growth and workforce growth often depend on a variety of housing options to keep up the demand. The City of Austin, Mower County and School District #492 have partnered to promote new construction of single- and multi-family homes by offering a five-year property tax abatement of any increased valuation.

The average home cost in Austin is $180,524 (Zillow, 2025). Many of those that have recently-relocated to Austin and Mower County are making the pleasant discovery that they can buy much more home for their money.

Flats on 21 Location: Austin, MN Building Size: 82 Units Cost: $8,500,000