What's the average rent in Austin, MN?

Rental Market Trends in Austin, MN

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Austin, MN is $1,000 per month, which is 48% lower than the national average rent of $1,913 per month.

AVERAGE RENT

$1,000
0.5%
$5 increase month-over-month
3.1%
$30 increase year-over-year

AVAILABLE RENTALS

53

APARTMENTS

$910

HOUSES

$1,300

TOWNHOUSES

$1,295
As of November 2026, apartments are the most affordable rental option in Austin, MN at $910 per month, while houses are the most expensive at $1,300 per month. Townhomes average $1,295 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$885
2 Bedrooms$1,000
3 Bedrooms$1,295
4 Bedrooms$1,465
All$1,000
As of November 2026, the average rent for a 1 bedroom rental in Austin, MN is $885 per month, followed by $1,000 for a 2 bedroom rental, $1,295 for a 3 bedroom rental, and $1,465 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -2% compared to the previous year, which is a $20 decrease.
This year (2026)
Last year (2025)

Rent distribution

70% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $650 to $2,500.
discover
a place
you'll love
to live