close
View Me
Cheap Apartments for Rent in Austin, MN from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.
close
View Me
1105 3rd St NW
AustinMN55912
1200 2nd Dr NE
AustinMN55912
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.
1111 4th St NW
AustinMN55912
806 15th St NE
AustinMN55912
1300 2nd Ave SW
AustinMN55912
close
View Me
Rent Specials
from $9001 to 2 Bedroom Apartments Available Now
Parkview Place
303 27th St SWAustin, MN 55912
close
View Me
from $9251 to 3 Bedroom Apartments Available Now
Northern Place Apartments
203 SW 31st StAustin, MN 55912
202 11th Ave NW
AustinMN55912
204 11th Ave NW
AustinMN55912
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
from $9601 to 2 Bedroom Apartments Available Now
Lincoln Apartments LLC
911 5th Ave NEAustin, MN 55912
close
View Me
close
View Me
from $400Studio to 1 Bedroom Apartments Available Jul 8
105 Main St S
105 Main St SStewartville, MN 55976
close
View Me
Rent Specials
from $6251 to 2 Bedroom Apartments Available Now
A-Lea Apartments
909 Janson StAlbert Lea, MN 56007
close
View Me
from $625Studio to 2 Bedroom Apartments Available Now
CityView Apartments
133 W William StAlbert Lea, MN 56007
close
View Me
from $7901 to 2 Bedroom Apartments Available Now
Skye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
close
View Me
from $9501 to 2 Bedroom Apartments Contact Us For Availability
South Pointe Apartments
201 18th St SWOwatonna, MN 55060
close
View Me
from $9501 to 2 Bedroom Apartments Contact Us For Availability
Clifton Apartments
1999 Hartle AveOwatonna, MN 55060
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1680 469 St
ToetervilleIA50481
113 Grand Ave E
Grand MeadowMN55936
Showing Results 1-22, 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 |
|---|---|---|---|
| Austin Studio Apartments | $1,056 | $500 | $2,189 |
| Austin 1 Bedroom Apartments | $1,340 | $625 | $3,185 |
| Austin 2 Bedroom Apartments | $1,732 | $845 | $4,105 |
| Austin 3 Bedroom Apartments | $1,920 | $950 | $2,930 |
| Austin 4 Bedroom Apartments | $2,650 | $2,650 | $2,650 |
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. Skye Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. 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 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $900 |
| Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $925 |
| Lincoln Apartments LLC | Apt. 25 | 1BR,1BA | $960 |
Best Value Apartments for Rent in Austin, MN and Nearby
As of June 14, 2025 the best value apartment in the Austin area is the $1.36 price per square foot 2 Bedroom w/ Den Model at Skye Lofts Apartments in the starting from $1,900. The second greatest value Austin apartment is the Lafayette Model at Crystal Bay Townhomes starting at $1,740 with a $1.39 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. |
|---|---|---|---|
| Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.39 |
| Kodiak Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.28 |
| Park Plaza Apartments | 2B 1011 sq. ft. | 2BR,1BA | $1.38 |
| VALLEY VIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.41 |
| Lincoln Apartments LLC | Apt. 17 | 2BR,1BA | $1.36 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.36 |
| Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.41 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $1.50 |
| CityView Apartments | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the Austin area?
If you’re an expert on all things Austin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Austin, MN Apartments MapAustin, MN Rental Homes MapGetting 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
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $735 at CityView Apartments.
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 $825 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 $950.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.