Austin, MN rental market
What is the average rent in Austin, MN?
Last updated November 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Austin, MN is $964.
$964
-$31
+$65
29
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $600 to $1,995.
| Rent price | Number of rental properties |
|---|---|
| $600 | 5 |
| $700 | 3 |
| $800 | 6 |
| $900 | 5 |
| $1,000 | 2 |
| $1,100 | 2 |
| $1,200 | 3 |
| $1,300 | 1 |
| $1,400 | 2 |
| $1,600 | 1 |
| $1,800 | 1 |
| $1,900+ | 1 |
Average rent price over time
In the last year, rent has increased by $65 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $825 | $895 |
| Feb | $725 | $950 |
| Mar | $750 | $950 |
| Apr | $700 | $950 |
| May | $795 | $825 |
| Jun | $775 | $950 |
| Jul | $725 | $950 |
| Aug | $810 | $975 |
| Sep | $850 | $995 |
| Oct | $775 | $988 |
| Nov | $850 | $995 |
| Dec | $900 | No data |
Market temperature
The Austin, MN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Austin, MN is 52% lower than the national average.
$964
$2,000
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Frequently asked questions
1. What is the average rent in Austin, MN?
The average rent in Austin, MN is $964.
2. What is the average rent for a studio apartment in Austin, MN?
The average rent for a studio apartment in Austin, MN is $925 per month.
3. What is the average rent for a one-bedroom apartment in Austin, MN?
The average rent for a one-bedroom apartment in Austin, MN is $833 per month.
4. What is the average rent for a two-bedroom apartment in Austin, MN?
The average rent for a two-bedroom apartment in Austin, MN is $1,050 per month.
5. What is the average rent for a three-bedroom apartment in Austin, MN?
The average rent for a three-bedroom apartment in Austin, MN is $1,249 per month.
6. What is the average rent for a four-bedroom apartment in Austin, MN?
The average rent for a four-bedroom apartment in Austin, MN is $1,995 per month.
7. How much does it cost to rent a house in Austin, MN?
Houses in Austin, MN rent between $600 - $1,995 with an average rent of $964.
8. How has the rent in Austin, MN changed in the last year?
In the last year, the rent in Austin, MN increased by $65
9. How much has the rent in Austin, MN increased/decreased in the last month?
In the last month, the rent in Austin, MN decreased by $31
10. How many available rentals are there in Austin, MN?
There are currently 29 rentals available in Austin, MN.
11. How do rent prices in Austin, MN compare with the national average?
The average rent in Austin, MN is $964 — 51.8% lower the national average of $2,000.