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Rent in Austin, MN: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 2-bedroom in Austin, MN is $975/month, based on 39 active listings on Redfin, Zillow and ApartmentHomeLiving.

That is 33% below the Minnesota 2-bedroom median of about $1,450. Nearby, the 2-bedroom median ranges from $850 in Mason City to $1,350 in Owatonna.

Updated · 94 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Austin

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
—
0 listings
1 bedroom
—
13 listings
2 bedrooms
$975
39 listings
3+ bedrooms
—
10 listings

Rentals in Austin

See all 94 on the map →

Renting in Austin: common questions

How many rentals are available in Austin, MN?
94 rentals are listed in Austin, MN on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Austin, MN?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 2-bedroom at $975/month, that is about $2,925 a month, or $35,100 a year.
What is the cheapest city near Austin, MN to rent in?
Among nearby cities we track, Mason City, IA has the lowest median 2-bedroom rent at $850/month, $125 less than Austin.

Rent in cities near Austin

All cities in Minnesota · Cheapest places to rent in Minnesota · Embed this data