Cheap Apartments for Rent in Austin, MN from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.

806 15th St NE

1300 2nd Ave SW

1500 8th Ave NE
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.

Northern Place Apartments

Parkview Place

111 8th St NW

204 11th Ave NW

202 11th Ave NW

Lincoln Apartments LLC

1105 3rd St NW

508 9th Ave SW
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.

815 11th Ave SW

111 3rd St SE

302 19th St NE

1009 3rd Ave NW

CityView Apartments
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.

A-Lea Apartments

719 Cedar Ave

Skye Lofts Apartments

South Pointe Apartments

Clifton Apartments

111 Vine Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Dodger 56, LLC

Cottages of Stewartville

113 Grand Ave E
Austin, MN Local Guide

How much does it cost to rent an apartment in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Austin Studio Apartments | $1,340 | $625 | $2,980 |
Cheap Austin 1 Bedroom Apartments | $1,312 | $625 | $2,750 |
Cheap Austin 2 Bedroom Apartments | $1,672 | $845 | $3,980 |
Cheap Austin 3 Bedroom Apartments | $1,794 | $1,125 | $2,930 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, MN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Austin Apartments for Rent
 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 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $850 |
Parkview Place | Parkview 1 bed | 1BR,1BA | $900 |
Lincoln Apartments LLC | Apt. 25 | 1BR,1BA | $960 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1,090 |
111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
VALLEY VIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,245 |
Stone Haven Apartments | One Bed One Bath | 1BR,1BA | $1,350 |
Kodiak Apartments | Two Bedroom Two Bath | 2BR,2BA | $1,360 |
Best Value Apartments for Rent in Austin, MN
As of July 05, 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 Two Bedroom Two Bath Model at Kodiak Apartments starting at $1,360 with a $1.28 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. |
---|---|---|---|
Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
Kodiak Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.28 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
Cedar View Apartments | 2575 2 BD/1 BA | 2BR,1BA | $1.64 |
VALLEY VIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.41 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
Lincoln Apartments LLC | Apt. 25 | 1BR,1BA | $1.24 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
Parkview Place | Parkview 1 bed | 1BR,1BA | $1.50 |
CityView Apartments | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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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.
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
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 $1,125.
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.