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$689 - $1,798
Plus Fees
Studio to 2 Bedroom Apartments Available NowFlats on 21
1310 21st Ave NWAustin, MN 55912
Cheap Apartments for Rent in Austin, MN from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.
215 11th Ave NE
AustinMN55912
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Rent Specials
$875 - $1,155
Total Monthly Price
2 Bedroom Apartments Available Aug 14Total Monthly Price
Base Rent
$795 - $1,075
Required Monthly Fees
$80
Total Monthly Price
$875 - $1,155
Northern Place Apartments
203 SW 31st StAustin, MN 55912
202 11th Ave NW
AustinMN55912
308 4th Ave NW
AustinMN55912
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$1,035 - $1,165
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,035 - $1,165
Total Monthly Price
$1,035 - $1,165
Lincoln Apartments LLC
911 5th Ave NEAustin, MN 55912
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,035 - $1,150
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWebster Apartments
403 12th St NEAustin, MN 55912
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2 to 3 Bedroom Apartments
Murphy's Creek Townhomes
504 25th Ave NWAustin, MN 55912
1506 7th St SE
AustinMN55912
121 Clinton St
AustinMN55912
302 19th St NE
AustinMN55912
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Rent Specials
$625 - $900
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityA-Lea Apartments
909 Janson StAlbert Lea, MN 56007
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$675 - $975
Plus Fees
1 Bedroom Apartments Available Sep 1105 Main St S
105 Main St SStewartville, MN 55976
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$700 - $865
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCityView Apartments
133 W William StAlbert Lea, MN 56007
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$790 - $2,325
Plus Fees
1 to 2 Bedroom Apartments Available NowSkye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
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$1,020 - $1,560
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityAire
525 Hillcrest Ave SEOwatonna, MN 55060
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$1,025 - $1,625
Plus Fees
Studio to 2 Bedroom Apartments Available Now111 Vine Apartments
111 Vine StOwatonna, MN 55060
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$1,055
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityChambers Apartments
219-227 S Chambers AveOwatonna, MN 55060
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$1,095 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowClifton Apartments
1999 Hartle AveOwatonna, MN 55060
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$1,095 - $1,345
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityCottages of Stewartville
1830 Maple St NEStewartville, MN 55976
913 Abbott St, Unit 202
913 Abbott St
Albert LeaMN56007
108 Main St N
Grand MeadowMN55936
207 E 4th St
Albert LeaMN56007
121 Main St S
Grand MeadowMN55936
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 2 Bedroom Apartments
909 E Vine St
909 Vine St EOwatonna, MN 55060
423 Adams Ave
Albert LeaMN56007
303 Chestnut St
OsageIA50461
Showing Results 1-27, Page 1 of 1
Austin, MN Local Guide
Downtown Austin Minnesota by Darb02 is licensed under CC BY 4.0
How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Austin Studio Apartments | $1,198 | $689 | $1,455 |
| Cheap Austin 1 Bedroom Apartments | $1,414 | $625 | $1,879 |
| Cheap Austin 2 Bedroom Apartments | $1,698 | $865 | $2,830 |
| Cheap Austin 3 Bedroom Apartments | $2,028 | $1,345 | $3,408 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Austin Apartments for Rent
The cheapest available apartment rental in Austin, MN is a 1 Bed unit found at Skye Lofts Apartments priced from $790. CityView Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $900 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1,035 |
| Clifton Apartments | 1BD | 1BR,1BA | $1,095 |
| Lincoln Apartments LLC | Apt. 16 | 2BR,1BA | $1,155 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $1,160 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,195 |
| Mill on Main I & II | MI - Kaufman | Studio,1BA | $1,239 |
Best Value Apartments for Rent in Austin, MN
As of July 14, 2026 the best value apartment in the Austin area is the $1.40 price per square foot 2 Bedroom Model at Stone Haven Townhomes in the starting from $2,250. The second greatest value Austin apartment is the 2 Bedroom Loft Model at Skye Lofts Apartments starting at $1,490 with a $1.09 price per square foot . Here is today’s list of the best values for Austin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom | 2BR,2.5BA | $1.40 |
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| 1101 8th Ave SE, Unit Apt B | 1101 8th Ave SE | 1BR,1BA | $1.16 |
| Park Plaza Apartments | 2B 1011 sq. ft. | 2BR,1BA | $1.41 |
| Edge Apartments | Two Bedroom | 2BR,2BA | $1.30 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Valley View Estates | Two Bedroom One and One Half Bath | 2BR,1.5BA | $1.47 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Austin, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Austin, MN Rentals by Map
See the most popular apartments and homes in Austin, MN
Frequently Asked Questions about Cheap Austin Apartments
What is the Cheapest Studio apartment in Austin?
Currently the most affordable Cheap Studio Apartment in Austin is at Cedar View Apartments listed at $1,195.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $675 at 105 Main St S.
What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $865 at CityView Apartments.
What is the most affordable Austin Three Bedroom Apartment?
The best deal on a cheap Austin Three Bedroom Apartment rental is at Parkview Place and starts from $1,460.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.