What's the average rent in Austin, MN?

Rental Market Trends in Austin, MN

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Austin, MN is $999 per month, which is 48% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$999

0.4%$4 increase month-over-month

6.6%$62 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$978

HOUSES

$1,465

TOWNHOUSES

$1,295

As of May 2026, apartments are the most affordable rental option in Austin, MN at $978 per month, while houses are the most expensive at $1,465 per month. Townhomes average $1,295 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$885
2 Bedrooms	$1,050
3 Bedrooms	$1,500
4 Bedrooms	—
All	$1,000

As of May 2026, the average rent for a 1 bedroom rental in Austin, MN is $885 per month, followed by $1,050 for a 2 bedroom rental, and $1,500 for a 3 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$1,295
4 Bedrooms	—
All	$1,295

Floor plan type	Average rent
1 Bedroom	$885
2 Bedrooms	$950
3 Bedrooms	$1,025
4 Bedrooms	—
All	$900

As of May 2026, the average rent for a 1 bedroom apartment in Austin, MN is $885 per month, followed by $950 for a 2 bedroom apartment, and $1,025 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$995
2 Bedrooms	$1,300
3 Bedrooms	$1,599
4 Bedrooms	—
All	$1,499

As of May 2026, the average rent for a 1 bedroom house in Austin, MN is $995 per month, followed by $1,300 for a 2 bedroom house, and $1,599 for a 3 bedroom house.