Last updated on August 28, 2026

Average rent in
Austin, MN

Median rent

Median rent in Austin

$995/mo

increased by2%

vs previous year

The average rent in Austin is $995 per month as of August 2026. This is 48% below the national average rent, or $930 less per month.

$1.13

average price per square foot

Total rentals

Available rentals in Austin

34

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Austin rentals at each price point

75%56%38%19%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 2% 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 $937, whereas a house costs $1,412. 1-bedroom apartments in Austin run $775 on average, while 2-bedroom apartments are $995.

Listings

Studio

$700

6%

23%

1 bedroom

$845

9%

1%

2 bedroom

$1,110

1%

6%

3 bedroom

$1,600

3%

34%

4 bedroom

$1,395

5%

4%

Studio

Average rent

$700

Last 30 days

6%

Last year

23%

1 bedroom

Average rent

$845

Last 30 days

9%

Last year

1%

2 bedroom

Average rent

$1,110

Last 30 days

1%

Last year

6%

3 bedroom

Average rent

$1,600

Last 30 days

3%

Last year

34%

4 bedroom

Average rent

$1,395

Last 30 days

5%

Last year

4%

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$995
decreased by48%

lower than the national median

Median rent price$1,722
decreased by11%

lower than the national median

Takeaway

The median rent for all rentals in Austin, MN is 42% lower than the median rent in Byron, MN.

Discover rentals in Austin, MN

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

Apartment for rent

Available Sep 4

1002 Burr - Photo 1 of 1

1d ago

Apartment for rent in Austin

1002 Burr

1002 W Oakland Ave, Austin, MN 55912

2 beds

1 bath

$900

Apartment for rent

401 2nd Ave SW - Photo 1 of 1

1d ago

8.3

Very good

401 2nd Ave SW

401 2nd Ave Sw, Austin, MN 55912

2 beds

1 bath

$950

Apartment for rent

200 11th Ave Nw - Photo 1 of 1

3d ago

Apartment for rent in Austin

Apartment for rent

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 $995 per month as of August 22, 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 2% since last year.

How does Austin rent compare to the national average?

Rent in Austin is 48% below the national average, which means renters are paying approximately $930 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