605 11th St NW
AustinMN55912
Cheap Apartments for Rent in Austin, MN from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.
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Rent Specials
$689 - $1,602
Plus Fees
Studio to 2 Bedroom Apartments Available NowFlats on 21
1310 21st Ave NWAustin, MN 55912
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$795 - $1,175
Plus Fees
1 to 3 Bedroom Apartments Available NowNorthern Place Apartments
203 SW 31st StAustin, MN 55912
233 11th Ave NE
AustinMN55912
235 11th Ave NE
AustinMN55912
1200 2nd Dr NE
AustinMN55912
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.
806 15th St NE
AustinMN55912
111 8th St NW
AustinMN55912
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810 9th Ave SW
AustinMN55912
709 13th St NE
AustinMN55912
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Rent Specials
$625 - $700
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityA-Lea Apartments
909 Janson StAlbert Lea, MN 56007
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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$625 - $860
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCityView Apartments
133 W William StAlbert Lea, MN 56007
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$675 - $975
Plus Fees
1 Bedroom Apartments Available Now105 Main St S
105 Main St SStewartville, MN 55976
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$790 - $2,325
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1 to 2 Bedroom Apartments Available NowSkye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
1301 1st St SW
RochesterMN55902
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$950 - $1,380
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1 to 2 Bedroom Apartments Available Jan 1, 2026South Pointe Apartments
201 18th St SWOwatonna, MN 55060
702 E Main St
Albert LeaMN56007
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.
610 3rd Ave NW
Dodge CenterMN55927
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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 |
|---|---|---|---|
| Austin Studio Apartments | $1,113 | $625 | $1,364 |
| Austin 1 Bedroom Apartments | $1,294 | $625 | $1,879 |
| Austin 2 Bedroom Apartments | $1,512 | $860 | $2,415 |
| Austin 3 Bedroom Apartments | $1,679 | $1,150 | $2,594 |
| Austin 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
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 and Nearby
The cheapest available apartment rental in Austin, MN is a Studio unit found at CityView Apartments priced from $625. 105 Main St S has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CityView Apartments | Studio | Studio,1BA | $625 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $700 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Austin, MN and Nearby
As of November 09, 2025 the best value apartment in the Austin area is the $1.15 price per square foot 2 Bedroom Loft Model at Stone Haven Townhomes in the starting from $1,795. The second greatest value Austin apartment is the Excelsior Model at Crystal Bay Townhomes starting at $1,870 with a $1.26 price per square foot in the Historic Southwest neighborhood. 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 Loft | 2BR,2.5BA | $1.15 |
| Crystal Bay Townhomes | Excelsior | 3BR,2BA | $1.26 |
| Edge Apartments | Four Bedroom | 4BR,2BA | $1.33 |
| Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
| Dodger 56, LLC | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Lincoln Apartments LLC | Apt. 28 | 2BR,1BA | $1.23 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.21 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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
Getting Around Austin, MN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 CityView Apartments listed at $625.
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 $860 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 Northern Place Apartments and starts from $1,150.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.