Cheap Apartments for Rent in Austin, MN
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Studio-2 Beds
1 BathFlats on 21 | 1310 21st Ave NW #314,
Austin, MN 55912
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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 increased in Apr 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| May 2025 | $825 |
| Jun 2025 | $950 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $900 | $1,000 | $1,465 | — | $999 |
| Townhomes | — | — | $1,295 | — | $1,295 |
| Apartments and Condos | $725 | $975 | $1,025 | — | $950 |
| Houses | $995 | $1,300 | $1,532 | — | $1,465 |
Frequently Asked Questions about Rentals in Austin, MN
- What is the average rent in Austin, MN?The average rent in Austin, MN is $1,000. Rent prices range from $595 to as much as $3,200, depending on the type of rental.
- How does the rent in Austin, MN compare to the national average?Average rent in Austin, MN is about 48% lower than the national average rent of $1,910. That means it is less expensive to rent in Austin compared to the U.S. average.
- What is the average rent in Austin, MN, by number of bedrooms?The average rent in Austin, MN is $700 for a studio, $885 for a 1 bedroom, $1,050 for a 2 bedroom, $1,500 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in Austin, MN changed compared to last year?In the past year, the average rent price in Austin, MN has increased by $150. That means the average rent is 15% higher than last year.
- How many available rental listings are in Austin, MN?There are 46 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.