Apartments for Rent in Austin, MN

Prices and availability in Austin, MN were last updated on 25 Aug 2026.

The best apartments in Austin, MN are: Mill on Main II, Mill on Main, Flats on 21, Mill on Main I & II and 1st & 3rd Apartments.

The average rent in Austin, MN is $1,209.

The price range for a studio apartment in Austin, MN is between $1,147 and $1,389.

The price range for a 1-bedroom apartment in Austin, MN is between $1,147 and $1,817.

The price range for a 2-bedroom apartment in Austin, MN is between $1,566 and $2,279.

The price range for a 3-bedroom apartment in Austin, MN is between $2,429 and $2,514.

In Austin, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Austin's rentals, 49% are small-scale complexes with under 50 units, and 31% are single-family rentals.

The average age of rental buildings in Austin is 34 years old, with 38% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 6 stories, of which 63% are garden-style apartment communities, 37% are mid-sized buildings, and 25% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Austin are around 0% of rentals, while 1-bedroom floor plans represent 59% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 27% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.