101 N Mill St
Lake MillsIA50450
Cheap Homes for Rent in Austin, MN from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.
1506 7th St SE
AustinMN55912
213 13th St SW
OwatonnaMN55060
121 Main St S
Grand MeadowMN55936
303 Chestnut St
OsageIA50461
302 19th St NE
AustinMN55912
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
701 Water St
Albert LeaMN56007
621 Oak St
OsageIA50461
103 Main St E
Clarks GroveMN56016
1111 4th St NW
AustinMN55912
950 S 3rd Ave
Albert LeaMN56007
416 State St
West ConcordMN55985
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1206 10th St NE
AustinMN55912
Showing Results 1-13, 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 a home in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin 2 Bedroom Homes for Rent | $1,151 | $895 | $1,400 |
| Austin 3 Bedroom Homes for Rent | $1,891 | $1,125 | $3,200 |
| Austin 4 Bedroom Homes for Rent | $2,212 | $1,495 | $3,000 |
| Austin 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
| Austin 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Austin
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Austin, MN Local Guide
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Cheapest Available Austin Apartments for Rent
The cheapest available apartment rental in Austin, MN is a 1 Bed unit found at 105 Main St S priced from $675. A-Lea Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $725 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1,035 |
| Clifton Apartments | 1BD | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Austin, MN
As of July 29, 2026 the best value apartment in the Austin area is the $1.20 price per square foot 2 Bedroom Plus Den Model at Stone Haven Townhomes in the starting from $2,045. 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 Plus Den | 2BR,2.5BA | $1.20 |
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.45 |
| 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 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $1.45 |
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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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 Austin
What type of rentals are currently available in Austin?
There are currently 61 Apartments for Rent in Austin, MN with pricing that ranges from $625 to $3,408. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $895 to $3,200.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $895 to $3,200 with an average monthly rent of $1,890.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.