Studio Apartment Rent in Austin, MN
Median asking rent for a studio apartment in Austin, Minnesota as of October 2026. That's +38% lower than the citywide median of $1,161 and +44% below the national studio median of $1,290.
Income needed for a studio in Austin
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Austin
Compare Austin's median rent across every apartment size.
Cheapest cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Albert Lea | $640 |
| 2 | Winona | $700 |
| 3 | Moorhead | $710 |
| 4 | Austin (this page) | $720 |
| 5 | Owatonna | $730 |
| 6 | Bemidji | $800 |
| 7 | Duluth | $848 |
| 8 | Waite Park | $890 |
| 9 | Saint Cloud | $940 |
| 10 | Rochester | $1,010 |
| 11 | Mankato | $1,030 |
| 12 | Anoka | $1,050 |
| 13 | Buffalo | $1,060 |
| 14 | Northfield | $1,060 |
| 15 | South Saint Paul | $1,060 |
Most expensive cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Woodbury | $1,650 |
| 2 | Maple Grove | $1,600 |
| 3 | Eden Prairie | $1,570 |
| 4 | Lakeville | $1,550 |
| 5 | Cottage Grove | $1,540 |
| 6 | Edina | $1,520 |
| 7 | Blaine | $1,510 |
| 8 | Plymouth | $1,495 |
| 9 | Brooklyn Park | $1,495 |
| 10 | Savage | $1,470 |
| 11 | Rosemount | $1,470 |
| 12 | Minnetonka | $1,450 |
| 13 | Robbinsdale | $1,427 |
| 14 | Saint Louis Park | $1,385 |
| 15 | Vadnais Heights | $1,380 |
Nearby cities — studio rent
Considering nearby alternatives? 1 of these cities have cheaper studio rents than Austin.
| City | Distance | Studio rent | vs Austin |
|---|---|---|---|
| Albert Lea, MN | 23.2 mi | $640 | $-80 (-11%) |
| Owatonna, MN | 30.6 mi | $730 | +$10 (+1%) |
| Rochester, MN | 43.7 mi | $1,010 | +$290 (+40%) |
| Northfield, MN | 55.9 mi | $1,060 | +$340 (+47%) |
| Lakeville, MN | 69.1 mi | $1,550 | +$830 (+115%) |
| Rosemount, MN | 72.8 mi | $1,470 | +$750 (+104%) |
| Apple Valley, MN | 74.3 mi | $1,380 | +$660 (+92%) |
| Mankato, MN | 74.9 mi | $1,030 | +$310 (+43%) |
| Prior Lake, MN | 75 mi | $1,240 | +$520 (+72%) |
| Burnsville, MN | 76.7 mi | $1,330 | +$610 (+85%) |
| Cottage Grove, MN | 78.4 mi | $1,540 | +$820 (+114%) |
| Savage, MN | 78.6 mi | $1,470 | +$750 (+104%) |
Studio rent in Austin — common questions
How much is a studio apartment in Austin?
As of October 2026, the median studio apartment rent in Austin, Minnesota is $720 per month. This is +38% below the citywide median of $1,161.
What income do you need to afford a studio in Austin?
Using the standard 30% rent-to-income rule, you would need an annual income of about $28,800 ($2,400/month gross), which works out to roughly $13.85/hour at a full-time job.
Is Austin expensive for a studio compared to the rest of the US?
Austin's studio median of $720 is +44% below the national studio median of $1,290. It ranks in the 4th percentile of US cities tracked.
How does Austin rank for studio rent in Minnesota?
Among the 64 cities in Minnesota with studio data, Austin ranks #4 from cheapest to most expensive.
Are there cheaper studio options near Austin?
Yes — nearby cities with cheaper studio rents include Albert Lea ($640).