Cheap Homes for Rent in Austin, MN from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Austin.

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.

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.

Austin, MN Local Guide

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. CityView Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
CityView Apartments1 bedroom1BR,1BA$735
Skye Lofts Apartments1 Bedroom Unit1BR,1BA$790
Northern Place Apartments1 Bed, 1 bath1BR,1BA$925
Webster ApartmentsApt. 102BR,1BA$1,090

Best Value Apartments for Rent in Austin, MN

As of September 06, 2025 the best value apartment in the Austin area is the $1.26 price per square foot 3 Bedroom Model at Stone Haven Townhomes in the starting from $2,195. The second greatest value Austin apartment is the Four Bedroom Model at Edge Apartments starting at $2,013 with a $1.38 price per square foot . Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stone Haven Townhomes3 Bedroom3BR,2.5BA$1.26
Edge ApartmentsFour Bedroom4BR,2BA$1.38
Skye Lofts Apartments2 Bedroom w/ Den2BR,1BA$1.36
Dodger 56, LLC2 Bedroom 2 Bath2BR,2BA$1.25
Cottages of Stewartville2 Bedroom 1 Bathroom2BR,1BA$1.22
Lincoln Apartments LLCApt. 292BR,1BA$1.26
Webster ApartmentsApt. 102BR,1BA$1.37
CityView Apartments1 bedroom1BR,1BA$0.98
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.41
105 Main St S1-bedroom1BR,1BA$1.35

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Austin

What type of rentals are currently available in Austin?

There are currently 59 Apartments for Rent in Austin, MN with pricing that ranges from $625 to $2,720. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $650 to $3,300.

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 $650 to $3,300 with an average monthly rent of $1,564.

How much are larger Three and Four Bedroom Rentals in Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Austin range from $1,100 to $2,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $2,013.

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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.