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Apartments for Rent in Austin, MN

16 Rentals Available
  • 1 day ago

    1310 21St. Ave NW, Austin, MN 55912
    STUDIO $689
    1 BED $786
    2 BEDS $1,411
  • 1 day ago

    704 1St Dr. NW, Austin, MN 55912
    STUDIO $1,214+
    1 BED $1,379+
    2 BEDS $1,689+
  • Today

    201 Second Street SE, Austin, MN 55912
    2 BEDS Ask for Pricing
    3 BEDS $1,030
    4 BEDS $1,130
  • Today

    23Rd Ave. NW, Austin, MN 55912
    Income Restricted
    2 BEDS $860
    3 BEDS $990
    4 BEDS $1,095
  • 1 day ago

    712 4Th Street Northwest, Austin, MN 55912
    3 BEDS $1,600
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  • More Rentals Near Austin, MN

  • Today

    802 Troy Road, Albert Lea, MN 56007
    Income Restricted
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    1904 Bridge Avenue, ALBERT LEA, MN 56007
    1 BED $759
    2 BEDS $889
    3 BEDS $979
  • Today

    204 E Front Street, Albert Lea, MN 56007
    Income Restricted
    1 BED $653
    2 BEDS $859
    3 BEDS Ask for Pricing
5-3-city
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Austin, MN rent trends

Rental prices in Austin, MN have increased by 17.57% over the past year. The average rent moved from $1,106 to $1,301.

Average rent in Austin, MN

$1,301/mo Austin, MN average rental price, October 2025
Image Average Rent

The average monthly rent of apartments in Austin, MN is $1,301.

    What's the typical rent budget in Austin, MN?

    About 19% of apartment rents in Austin, MN range between $1,501-$2,000. Around 65% of Austin’s apartments are in the $1,001-$1,500 price range. 16% of apartments are priced ≤ $1000.

    The largest share of rentals in Austin, MN (65%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Austin, MN

    41 /100
    Car-Dependent
    57 /100
    Bikeable
    Walk Score®: 41, Bike Score®: 57

    Frequently asked questions

    When were prices and availability in Austin, MN last updated?

    Prices and availability in Austin, MN were last updated on 19 Nov 2025.

    What are the best apartments in Austin, MN?

    The best apartments in Austin, MN are: Flats on 21, Mill on Main, 1st & 3rd Apartments, Fox Pointe Townhomes and 712 4th Street Northwest, Unit 712.

    What is the average rent in Austin, MN?

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

    What is the price range for a 2-bedroom apartment in Austin, MN?

    The price range for a 2-bedroom apartment in Austin, MN is between $841 and $1,095.

    What is the price range for a 3-bedroom apartment in Austin, MN?

    The price range for a 3-bedroom apartment in Austin, MN is between $841 and $1,600.

    What type of rental buildings are in Austin, MN?

    In Austin, 30% of the residents are renting compared to 70% 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, 50% are small-scale complexes with under 50 units, and 31% are single-family rentals.

    What do typical apartment communities look like in Austin, MN?

    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.

    What apartment floorplans are common in Austin, MN?

    Rental apartments in Austin come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 59% of the total apartments in the city, while 2-bedroom floorplans represent around 27% of all rentals in Austin. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Living in Austin, MN

    Austin, Minnesota, located in the southeastern part of the state, is roughly 100 miles south of Minneapolis and close to the Iowa border. This city is not only the county seat of Mower County but also famously known as “SPAM Town USA” due to its long-standing relationship with the Hormel Foods Corporation, a major employer in the area.

    The city boasts several parks and recreational areas, including the expansive Horace Austin State Park which offers a serene setting for a variety of outdoor activities such as hiking, fishing, and picnicking. Austin's arts scene is lively, featuring the historic Paramount Theatre which hosts numerous cultural performances throughout the year. The city also celebrates its rich history with several museums like the Spam Museum which attracts visitors from across the globe.

    In terms of cuisine, Austin offers a diverse range of dining options from traditional American diners to ethnic restaurants. The local school district, Austin Public Schools, provides comprehensive educational programs and has been recognized for its innovative approaches to learning.

    Renting in Austin, MN

    Austin presents a variety of rental options catering to different preferences and lifestyles. The downtown area is characterized by historic buildings converted into modern apartments, appealing to those who appreciate a blend of old-world charm with contemporary conveniences. This area is close to cultural institutions like the Austin ArtWorks Center and well-served by public transportation.

    In contrast, the outskirts of Austin feature more suburban settings with rental homes and newer apartment complexes, suitable for families looking for a quieter lifestyle close to schools and parks. Typical rental properties range from one-bedroom apartments in the city center to larger three-bedroom homes in residential neighborhoods, accommodating a diverse demographic from young professionals to families.

    Things for renting

    Shopping in Austin, MN

    Austin is home to several major shopping centers, such as Oak Park Mall which offers a variety of stores ranging from national retail chains to local specialty shops. For a unique shopping experience, the downtown area features boutiques and antique stores, showcasing local crafts and vintage finds.

    Common grocery stores in Austin include Hy-Vee and Walmart, providing residents with convenient options for everyday necessities. Additionally, the city hosts local retail brands that offer distinct products, contributing to Austin’s appeal as a shopping destination.

    Transportation in Austin, MN

    Public transportation in Austin is primarily served by SMART (Southern Minnesota Area Rural Transit), which offers bus services covering key areas of the city and surrounding regions. For those who prefer personal transit options, major highways such as Interstate 90 provide efficient routes to neighboring cities and states.

    Austin also benefits from its proximity to Rochester International Airport, located approximately 40 miles away, facilitating regional and international travel. While Austin doesn't have a ferry service, its well-maintained roadways and local transit options make navigating the city straightforward for residents and visitors alike.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Austin, MN. Easily search through a wide selection of apartments for rent in Austin, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Austin, MN apartments with rents starting from $653 and submit your rental application today!

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