What's the average rent in Austin, MN?

Rental Market Trends in Austin, MN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Austin, MN is $1,117 per month, which is 43% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,117

0.0%No change month over month

14.5%$142 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,059

HOUSES

$1,450

TOWNHOUSES

$1,150

As of September 2026, apartments are the most affordable rental option in Austin, MN at $1,059 per month, while houses are the most expensive at $1,450 per month. Townhomes average $1,150 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$895
2 Bedrooms	$1,004
3 Bedrooms	$1,450
4 Bedrooms	$1,450
All	$1,117

As of September 2026, the average rent for a 1 bedroom rental in Austin, MN is $895 per month, followed by $1,004 for a 2 bedroom rental, $1,450 for a 3 bedroom rental, and $1,450 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,150
3 Bedrooms	$1,295
4 Bedrooms	—
All	$1,150

As of September 2026, the average rent for a 2 bedroom townhome in Austin, MN is $1,150 per month, followed by $1,295 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$885
2 Bedrooms	$950
3 Bedrooms	$1,095
4 Bedrooms	—
All	$950

As of September 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 $1,095 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$999
2 Bedrooms	$1,195
3 Bedrooms	$1,475
4 Bedrooms	$1,450
All	$1,450

As of September 2026, the average rent for a 1 bedroom house in Austin, MN is $999 per month, followed by $1,195 for a 2 bedroom house, $1,475 for a 3 bedroom house, and $1,450 for a 4 bedroom house.