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Rental market trends in Austin, MN

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Average Rent in Austin, MN

Average Rent in Austin, MN

Avg. RentAnnual Change
Studio - $890+12%
1 Bed - $1,326+6%
2 Beds - $1,540-4%
Last updated 6/22/2024

Average Apartment Cost in Austin, MN

The average rent for apartments in Austin, MN, is between $890 and $1,540 in 2024. For a studio apartment in Austin, MN, the average rent is $890. When it comes to 1-bedroom apartments, the average rent in Austin, MN, is $1,326. For a 2-bedroom apartment, the average rent is $1,540.

Apartment Rent Ranges in Austin, MN

Apartment PricesProportion
29%
43%
17%
9%
3%

How Other Cities Compare to Austin, MN

City1 Bed Avg RentAnnual Change
Rochester$1,510+1%
Stewartville$1,2000%
Mason City$1,1050%
Owatonna$780-19%
Albert Lea$750+70%
Chatfield$4660%
City2 Beds Avg RentAnnual Change
Rochester$1,689+4%
Stewartville$1,219-26%
Mason City$1,180-33%
Owatonna$945-21%
Albert Lea$850+40%

Austin, MN Rent Trends

Studio1 Bed2 Beds
Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024
$797$797$797$797$797$797$797$797$797$797$797$797$797
$1250$1250$1250$1250$1250$1262$1250$1250$1250$1275$1275$1275$1275
$1500$1500$1500$1500$1500$1500$1500$1597$1662$1662$1662$1540$1698

Nearby Listings

  • Mill on Main property

    $1,144+

    Mill on Main

    Studio–2 Beds • 1–2 Baths

    514–1103 Sqft

    Available 8/5

  • Flats on 21 property

    $689+

    Flats on 21

    Studio–2 Beds • 1–2 Baths

    548–1048 Sqft

    Available 8/5

  • Southern Hills/Northridge Place property

    $1,219

    Southern Hills/Northridge Place

    2–3 Beds • 2 Baths

    1056–1456 Sqft

    Available Now

  • The Lofts at Lea Center property

    $750+

    The Lofts at Lea Center

    1–2 Beds • 1 Bath

    650–1100 Sqft

    8 Units Available

  • 611 2nd St NW property

    $725

    611 2nd St NW

    1 Bed • 1 Bath

    345 Sqft

    1 Unit Available

  • 404 5th Pl NW property

    $850

    404 5th Pl NW

    1 Bed • 1 Bath

    1 Unit Available