Cheap Homes for Rent in Austin, MN from $900 (20 Rentals)

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

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.

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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.

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property at 121 Main St S

121 Main St S

Grand MeadowMN55936
property at 56351 220th St

56351 220th St

AustinMN55912

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.

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Showing Results 1-20, Page 1 of 1

Austin, MN Local Guide

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. 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 ListingModel NameBed/BathPriced From
CityView ApartmentsStudioStudio,1BA$625
Skye Lofts Apartments1 Bedroom Unit1BR,1BA$790
Parkview PlaceParkview 1 bed1BR,1BA$900
Northern Place Apartments1 Bed, 1 bath1BR,1BA$925
Lincoln Apartments LLCApt. 251BR,1BA$960

Best Value Apartments for Rent in Austin, MN and Nearby

As of June 14, 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 Lafayette Model at Crystal Bay Townhomes starting at $1,740 with a $1.39 price per square foot in the Historic Southwest neighborhood. 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.
Skye Lofts Apartments2 Bedroom w/ Den2BR,1BA$1.36
Crystal Bay TownhomesLafayette2BR,1.5BA$1.39
Kodiak ApartmentsTwo Bedroom Two Bath2BR,2BA$1.28
Park Plaza Apartments2B 1011 sq. ft.2BR,1BA$1.38
VALLEY VIEW ESTATES2 Bedroom 1 Bathroom2BR,1BA$1.41
Lincoln Apartments LLCApt. 172BR,1BA$1.36
Webster ApartmentsApt. 102BR,1BA$1.36
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.41
Parkview PlaceParkview 1 bed1BR,1BA$1.50
CityView ApartmentsStudioStudio ,1BA$1.56

Quick Rent Budget Calculator

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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 $500 to $4,105. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $950 to $3,950.

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 $950 to $3,950 with an average monthly rent of $2,060.

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 $950 to $2,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $2,650.

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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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.

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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.

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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.

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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.