Cheap Apartments for Rent in Austin, MN from $500 (32 Rentals)

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909 E Vine St
1 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
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121 Main St S
$1,100Studio, 1 Bath RentalsAvailable Now

121 Main St S

Grand Meadow, MN 55936
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Austin, MN Local Guide

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, MN is a Studio unit found at CityView Apartments priced from $625. Northern Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CityView ApartmentsStudioStudio,1BA$625
Northern Place Apartments1 Bed, 1 bath1BR,1BA$775
Skye Lofts ApartmentsStudio2BR,1BA$800
Parkview Place1 Bed/1 Bath1BR,1BA$900
Lincoln Apartments LLCApt. 031BR,1BA$955
Webster ApartmentsApt. 102BR,1BA$1,075
Cedar View ApartmentsStudioStudio,1BA$1,095
Academy ApartmentsOne Bedroom A1BR,1BA$1,119

Best Value Apartments for Rent in Austin, MN

As of February 19, 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 2 Bedroom (Unit 1) Model at Park Plaza Apartments starting at $1,335 with a $1.34 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stone Haven TownhomesFurnished 2 BR Loft2BR,2.5BA$1.71
Park Plaza Apartments2 Bedroom (Unit 1)2BR,1BA$1.34
Parkview Place3 Bed/1 Bath3BR,1BA$1.47
ASCEND1BR/1.0BA1BR,1BA$1.65
Webster ApartmentsApt. 102BR,1BA$1.36
Lincoln Apartments LLCApt. 031BR,1BA$1.25
304 1st Ave NW, Unit 101304 1st Ave NW1BR,1BA$1.16
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.18
105 1st Ave SW, Unit 5105 1st Ave SW1BR,1BA$1.60
CityView ApartmentsStudioStudio ,1BA$1.56

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Best Local Schools in
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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 CityView Apartments listed at $625.

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 $1,100.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.