Cheap Apartments for Rent in Austin, MN
48 rentals
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NEW - 1 DAY AGO
PET FRIENDLYTotal price$1,109 - $1,566/mo
Studio-2 Beds
1 BathFlats on 21 | 1310 21st Ave NW #318,
Austin, MN 55912
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PET FRIENDLY
APPLY INSTANTLYFURNISHED
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SPECIAL OFFERPET FRIENDLYTotal price$1,219 - $2,509/moStudio-3 Beds1-2 BathsMill on Main I & II | 704 1st Dr NW #318,
Austin, MN 55912
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PET FRIENDLY
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Average Rent Trends in Austin, MN
Rent in Austin, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $950 |
| Aug 2025 | $975 |
| Sep 2025 | $995 |
| Oct 2025 | $988 |
| Nov 2025 | $995 |
| Dec 2025 | $900 |
| Jan 2026 | $975 |
| Feb 2026 | $995 |
| Mar 2026 | $975 |
| Apr 2026 | $1,000 |
| May 2026 | $1,000 |
| Jun 2026 | $1,000 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $885 | $1,150 | $1,500 | $2,100 | $999 |
| Townhomes | — | $1,150 | $1,295 | — | $1,150 |
| Apartments and Condos | $885 | $950 | — | — | $900 |
| Houses | $995 | $1,200 | $1,500 | $2,100 | $1,400 |
Frequently Asked Questions about Rentals in Austin, MN
- What is the average rent of an apartment in Austin, MN?The average rent of an apartment in Austin, MN is $928 per month. This is about 52% lower than the national average.
- What is the average rent of a house in Austin, MN?The average rent of a house in Austin, MN is $1,400 per month. This is about 28% lower than the national average.
- What is the average rent of a townhome in Austin, MN?The average rent of a townhome in Austin, MN is $1,150 per month. This is about 41% lower than the national average.
- When is the average rent cheapest in Austin, MN?In the last year, the average rent in Austin, MN was lowest in May 2025 when it was $825 per month.
- When is the average rent most expensive in Austin, MN?In the last year, the average rent in Austin, MN was highest in Sep 2025 when it was $995 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Austin, MN?The average rent of a 1 bedroom apartment in Austin, MN is $885 per month. That is about $85 more than the cost of a studio apartment.
- How many available rental listings are in Austin, MN?There are 48 available rental listings in Austin, MN.
- What are some zip codes in Austin, MN?
- What are some cities near Austin, MN?Some nearby cities include: Mapleview, Lansing, Lyle, Myrtle, Rose Creek. These cities may have more rental options to explore.