Cheap Apartments for Rent in Austin, MN
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SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
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APPLY INSTANTLYFURNISHED
PET FRIENDLY
SPECIAL OFFERPET FRIENDLYTotal price$1,239 - $2,509/mo
Studio-3 Beds
1-2 BathsMill on Main I & II | 704 1st Dr NW,
Austin, MN 55912
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
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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 Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $1,092 |
| Aug 2026 | $1,150 |
Average Rent By Bedroom and Home Type
In August 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 | $895 | $1,095 | $1,425 | $1,950 | $1,095 |
| Townhomes | — | $1,150 | $1,295 | — | $1,150 |
| Apartments and Condos | $885 | $950 | — | — | $895 |
| Houses | $995 | $1,200 | $1,495 | $1,950 | $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 $949 per month. This is about 52% 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 $895 per month. That is about $180 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Austin, MN - 152 Rentas | Trulia