What's the average rent in Austin, MN?

Rental Market Trends in Austin, MN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Austin, MN is $999 per month, which is 49% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$999
0.3%
$3 increase month-over-month
2.5%
$24 increase year-over-year

AVAILABLE RENTALS

48

APARTMENTS

$928

HOUSES

$1,400

TOWNHOUSES

$1,150
As of June 2026, apartments are the most affordable rental option in Austin, MN at $928 per month, while houses are the most expensive at $1,400 per month. Townhomes average $1,150 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$885
2 Bedrooms$1,150
3 Bedrooms$1,500
4 Bedrooms$2,100
All$999
As of June 2026, the average rent for a 1 bedroom rental in Austin, MN is $885 per month, followed by $1,150 for a 2 bedroom rental, $1,500 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +5% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)

Rent distribution

68% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $600 to $3,200.
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