
Cheap Apartments for Rent in Austin, MN from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


411 5th St NW

403 4th Ave NW

105 1st St NW

303 27th Street SW (Parkview Place)

Northern Place Apartments

807 1st Dr NW

1407-1409 5th St SE

704 13th Ave SE

109 8th St NW

1009 3rd Ave NW

704-713 13th Ave SE

909 8th Ave NW

301 27th St SW

1501 7th Ave NW

CityView Apartments

A-Lea Apartments

Skye Lofts Apartments

South Pointe Apartments

Clifton Apartments

Cottages of Stewartville

111 Vine Apartments

Dodger 56, LLC

702 E Main St

358 Broadway St

1680 469 St

1035 Virginia Pl
Austin, MN Local Guide

How much does it cost to rent an apartment in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Austin Studio Apartments | $1,180 | $525 | $2,400 |
Cheap Austin 1 Bedroom Apartments | $1,324 | $560 | $3,295 |
Cheap Austin 2 Bedroom Apartments | $1,664 | $800 | $3,135 |
Cheap Austin 3 Bedroom Apartments | $2,001 | $1,125 | $3,500 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, MN Local Guide
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Cheapest Available Austin Apartments for Rent
 The cheapest available apartment rental in Austin, MN is a 1 Bed unit found at CityView Apartments priced from $735. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
CityView Apartments | 1 bedroom | 1BR,1BA | $735 |
Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
303 27th Street SW (Parkview Place) | Parkview 1 bed | 1BR,1BA | $900 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $925 |
Lincoln Apartments LLC | Apt. 03 | 1BR,1BA | $955 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1,075 |
SoRoc On Maine | Aborgien | Studio,1BA | $1,265 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1,345 |
Stove Haven Apartments | One Bed One Bath | 1BR,1BA | $1,350 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Austin, MN
As of March 26, 2025 the best value apartment in the Austin area is the $1.71 price per square foot Furnished 2 BR Loft Model at Stone Haven Townhomes in the starting from $2,655. The second greatest value Austin apartment is the 2B 999 sq.ft. Model at Park Plaza Apartments starting at $1,400 with a $1.40 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stone Haven Townhomes | Furnished 2 BR Loft | 2BR,2.5BA | $1.71 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
The Pearl | 1 Bedroom 1 Bath and Den | 1BR,1BA | $1.59 |
CityView Apartments | 2 bedroom | 2BR,1BA | $1.03 |
Stove Haven Apartments | One Bed One Bath | 1BR,1BA | $1.70 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1.36 |
Lincoln Apartments LLC | Apt. 03 | 1BR,1BA | $1.25 |
Northern Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.41 |
303 27th Street SW (Parkview Place) | Parkview 307 1 Bed | 1BR,1BA | $1.58 |
Skye Lofts Apartments | Studio | Studio ,1BA | $1.85 |
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Best Local Schools in Austin, MN
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Getting Around Austin, MN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Austin Apartments
What is the Cheapest Studio apartment in Austin?
Currently the most affordable Cheap Studio Apartment in Austin is at Skye Lofts Apartments listed at $800.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $735 at CityView Apartments.
What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $800 at Skye Lofts Apartments.
What is the most affordable Austin Three Bedroom Apartment?
The best deal on a cheap Austin Three Bedroom Apartment rental is at Northern Place Apartments and starts from $1,125.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.