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Newest Homes for Rent in Austin, IN

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    $1,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,208 Sq Ft
    • House for Rent

    30 Kelly Dr, Austin, IN 47102

    Property Id: 25127883 Bedroom 1 bath recently remodeled home at 30 Kelly drive Austin Indiana. Close to schools and shopping. One small pet cat her dog under 20 pounds allowed with pet rent and pet deposit and proof of vaccination. We do not charge an application fee. We do require an application background, check and proof of income for every adult living in the household. Central air

    (812) 414-6346

    30 Kelly Dr, Austin, IN 47102
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    $925 Per Month

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft
    • Condo for Rent

    527 W Cherry St, Austin, IN 47102

    Property Id: 2512717Two bedroom one bath Duplex with central air, gas heat washer and dryer hook up, comes with stove and refrigerator. One small pet cat a dog under 20 pounds allowed with pet rent and pet deposit. Pet owner must provide proof of vaccination. 925 at 9:25 Deposit. Owner pay sewer bill, and landscaping.

    (812) 416-4622

    527 W Cherry St, Austin, IN 47102

Frequently Asked Questions

How much does it cost to rent a home in Austin, IN?
The median rent for a home in Austin, IN is $1,062 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Austin, IN?
To comfortably afford the median rent in Austin, IN, a household needs to earn roughly $42,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,062 per month in Austin, IN, renters typically need to show $3,186 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Austin, IN?
In Austin, IN, the price-to-rent ratio is 13.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Austin, IN

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,062
Median Single Family Home Rent
$1,063
How to Rent a Home