1003 12th Ave NE
AustinMN55912
Cheap Homes for Rent in Austin, MN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.
702 E Main St
Albert LeaMN56007
413 Main St N
Grand MeadowMN55936
121 Main St S
Grand MeadowMN55936
910 E Rice Lake Rd
OwatonnaMN55060
802 Harding Ave
Albert LeaMN56007
709 13th St NE
AustinMN55912
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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 | $1,853 | $850 | $3,300 |
| Austin 3 Bedroom Homes for Rent | $1,692 | $1,150 | $3,000 |
| Austin 4 Bedroom Homes for Rent | $1,930 | $1,575 | $2,195 |
| Austin 5 Bedroom Homes for Rent | $2,300 | $2,100 | $2,500 |
| Austin 6 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Austin, MN Local Guide
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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. A-Lea Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $700 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
Best Value Apartments for Rent in Austin, MN and Nearby
As of October 23, 2025 the best value apartment in the Austin area is the $1.22 price per square foot 2 Bedroom Loft Model at Stone Haven Townhomes in the starting from $1,895. The second greatest value Austin apartment is the Four Bedroom Model at Edge Apartments starting at $1,950 with a $1.33 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 Loft | 2BR,2.5BA | $1.22 |
| Edge Apartments | Four Bedroom | 4BR,2BA | $1.33 |
| Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
| Dodger 56, LLC | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Lincoln Apartments LLC | Apt. 28 | 2BR,1BA | $1.23 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
| 105 Main St S | 2-bedroom | 2BR,1BA | $1.29 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.41 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $1.40 |
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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!
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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 60 Apartments for Rent in Austin, MN with pricing that ranges from $625 to $2,690. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $850 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 $850 to $3,300 with an average monthly rent of $1,667.
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 $1,150 to $2,594, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,575 and Four Bedroom Apartments start at $1,950.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.