
Cheap Homes for Rent in Waite Park Neighborhood of Minneapolis, MN from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Waite Park area of Minneapolis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3615 NE McKinley St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Waite Park, Minneapolis, MN Local Guide

How much does it cost to rent a home in Waite Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waite Park 3 Bedroom Homes for Rent | $2,295 | $2,095 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Waite Park Neighborhood of Minneapolis, MN.
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Waite Park, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Waite Park, MN
As of November 15, 2025 the best value apartment in the Waite Park area is the $1.34 price per square foot 2 bedroom/1 bathroom Model at Stonehouse Square in the in the Waite Park neighborhood starting from $1,339. The second greatest value Waite Park apartment is the 2 BR 1 Bath Model at Gauvette Park Apartments starting at $1,375 with a $1.44 price per square foot in the Waite Park neighborhood. Here is today’s list of the best values for Waite Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| Diamond Eight Terrace | The Emerald | 2BR,1BA | $1.48 |
| The Legends of Columbia Heights 55+ Living | Two Bedroom - C | 2BR,2BA | $1.60 |
| Gateway Northeast | 2A | 2BR,1BA | $1.57 |
| Apache Manor Apartments | Renovated Garden Level 2 Bedroom 1 Bath | 2BR,1BA | $1.60 |
| Stinson Heights Apartments | Remodeled | 1BR,1BA | $1.53 |
| Windsor South Apartments | Knollwood | 1BR,1BA | $1.63 |
| Rose 8 Estates | 1 bed | 1BR,1BA | $1.64 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $1.64 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWaite Park, Minneapolis, MN
Ranked #95
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waite Park, Minneapolis, MN
St. Anthony Village Senior High
School data provided by Great Schools
Frequently Asked Questions about Waite Park
What type of rentals are currently available in Waite Park?
There are currently 66 Apartments for Rent in Waite Park, MN with pricing that ranges from $691 to $3,805. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waite Park ranging from $1,250 to $2,495.
What is the current price range for Rental Homes in Waite Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waite Park ranges from $1,250 to $2,495 with an average monthly rent of $1,772.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.