
Cheap Homes for Rent in Austin, MN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.


216 Front St

815 11th Ave SW

508 11th Ave SW

132 Broadway
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.

1312-1311 11th Ave NW

1306 9th Ave SW
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.

1207 9th St NE

1003 Lincoln Ave

121 Main St S

709 13th St NE
Austin, MN Local Guide

How much does it cost to rent a home in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Austin 2 Bedroom Homes for Rent | $1,218 | $650 | $1,800 |
Austin 3 Bedroom Homes for Rent | $1,686 | $1,200 | $2,550 |
Austin 4 Bedroom Homes for Rent | $2,205 | $1,495 | $3,300 |
Austin 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent in Austin
Explore Austin
Austin, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
105 Main St S | 1-bedroom | 1BR,1BA | $675 |
CityView Apartments | 1 bedroom | 1BR,1BA | $735 |
Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $925 |
Webster Apartments | Apt. 10 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stone Haven Townhomes | 3 Bedroom | 3BR,2.5BA | $1.26 |
Edge Apartments | Four Bedroom | 4BR,2BA | $1.38 |
Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
Dodger 56, LLC | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
Cottages of Stewartville | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.22 |
Lincoln Apartments LLC | Apt. 29 | 2BR,1BA | $1.26 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
CityView Apartments | 1 bedroom | 1BR,1BA | $0.98 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.41 |
105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
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.
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 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.

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.

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.

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.

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.