Last updated on October 13, 2026

Average rent in
Austin, MN

Median rent

Median rent in Austin

$1,000/mo

increased by5%

vs previous year

The average rent in Austin is $1,000 per month as of October 2026. This is 47% below the national average rent, or $900 less per month.

$0.86

average price per square foot

Total rentals

Available rentals in Austin

39

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Austin rentals at each price point

85%64%43%21%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Austin, MN

Average rent prices in Austin have remained the same over the last month and have increased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Austin, MN

Rent prices in Austin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Austin is $995, whereas a house costs $1,475. 1-bedroom apartments in Austin run $900 on average, while 2-bedroom apartments are $995.

Listings

Studio

$725

1%

72%

1 bedroom

$885

7%

19%

2 bedroom

$995

2%

5%

3 bedroom

$1,475

No Change

16%

4 bedroom

$1,500

19%

16%

Studio

Average rent

$725

Last 30 days

1%

Last year

72%

1 bedroom

Average rent

$885

Last 30 days

7%

Last year

19%

2 bedroom

Average rent

$995

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$1,475

Last 30 days

No Change

Last year

16%

4 bedroom

Average rent

$1,500

Last 30 days

19%

Last year

16%

The table above reflects average rent prices in Austin, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Austin, MN compare to other cities?

Compare median rent prices in Austin and Byron by all bedroom counts and property types.

Austin

Median rent price$1,000
decreased by47%

lower than the national median

Median rent price$2,145
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Austin, MN is 53% lower than the median rent in Byron, MN.

Discover rentals in Austin, MN

128 Broadway - Photo 1 of 1

20h ago

Apartment for rent in Austin

128 Broadway, Austin, MN 55912

2 beds

0 baths

$750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
814 9th Ave Sw #A - Photo 1 of 1

5d+ ago

Apartment for rent in Austin

2 beds

1 bath

$750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
915A, LLC - Photo 1 of 1

21h ago

8.6

Very good

915A, LLC

915 1st Dr Nw, Austin, MN 55912

2 beds

1 bath

$800–$925

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
400 6th Pl Nw #2-4 - Photo 1 of 1

5d+ ago

Apartment for rent in Austin

400 6th PL NW - 2-4

400 6th Pl Nw #2-4, Austin, MN 55912

2 beds

1 bath

$895

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Austin, MN

Quick answers to common questions about the Austin rental market.

How much is rent in Austin?

The average rent in Austin is $1,000 per month as of October 10, 2026.

Is rent up or down in Austin?

Average rent prices in Austin have remained the same over the last month and have increased by 5% since last year.

How does Austin rent compare to the national average?

Rent in Austin is 47% below the national average, which means renters are paying approximately $900 less per month.

What salary do I need to afford rent in Austin?

To comfortably afford rent in Austin, you'd need to earn approximately $40,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Austin?

February offers the best rental deals in Austin, with prices running about 23% lower than the peak summer month of July.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Austin