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$990 - $1,370
Plus Fees
1 to 3 Bedroom Apartments Available Jul 1Prairie Village
800 Meadow Lake PlWaconia, MN 55387
Cheap Apartments for Rent in Waconia, MN from $600 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Waconia.
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$1,369 - $2,638
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,361 - $2,630
Required Monthly Fees
$8
Total Monthly Price
$1,369 - $2,638
The Otto
601 Industrial Blvd WWaconia, MN 55387
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$1,444 - $2,260
Total Monthly Price
1 to 2 Bedroom Apartments Available Aug 8Total Monthly Price
Base Rent
$1,384 - $2,200
Required Monthly Fees
$60
Total Monthly Price
$1,444 - $2,260
The Uptown Apartments
233 S Olive StWaconia, MN 55387
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$1,563 - $3,218
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,490 - $3,145
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Wilford - NOW OPEN!
140 S Elm StWaconia, MN 55387
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1 to 2 Bedroom Apartments
Park Apartments
140 E Main StWaconia, MN 55387
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1 to 2 Bedroom Apartments
Elm Apartments
245 Elm St SWaconia, MN 55387
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1 to 3 Bedroom Apartments
Trails Edge South
885 Airport RdWaconia, MN 55387
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1 to 3 Bedroom Apartments
Vista Ridge
861 Vista BlvdWaconia, MN 55387
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2 to 3 Bedroom Apartments
Interlaken Place
925 Airport RdWaconia, MN 55387
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1 to 2 Bedroom Apartments
Old City Hall
9 W 1st StWaconia, MN 55387
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
56 E 13th St
WaconiaMN55387
64 E 13th St
WaconiaMN55387
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2 Bedroom Apartments
32 E Lake St
32 E Lake StWaconia, MN 55387
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$655 - $1,820
Plus Fees
Studio to 3 Bedroom Apartments Available NowClover Field Marketplace
2915 Clover Ridge DrChaska, MN 55318
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$1,050 - $1,425
Plus Fees
1 to 2 Bedroom Apartments Available Jun 1Solace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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Rent Specials
$1,055
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowYoung America Apartments
326 Central Ave SNorwood Young America, MN 55397
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$1,058 - $1,464
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityCarver Place
1591 Hartwell DrCarver, MN 55315
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$1,059 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,095 - $1,295
Plus Fees
1 to 2 Bedroom Apartments Available NowShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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$1,100 - $1,500
Plus Fees
Studio to 3 Bedroom Apartments Available NowBayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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.
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$1,113 - $1,330
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCarver Oaks
1595 Hartwell DrCarver, MN 55315
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$1,199 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityLakecrest Village
5600 Grandview BlvdMound, MN 55364
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$1,200 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,205 - $1,955
Total Monthly Price
1 to 2 Bedroom Apartments Available Jun 30Total Monthly Price
Base Rent
$1,205 - $1,955
Total Monthly Price
$1,205 - $1,955
Dockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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$1,265
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Aug 10Cedar Creek Apartments
133-135 Crosstown BlvdChaska, MN 55318
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$1,306 - $1,431
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,270 - $1,395
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Total Monthly Price
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Barbary Knoll Apartments
1596 Millpond CtChaska, MN 55318
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$1,395 - $1,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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$1,400 - $1,620
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400 - $1,620
Total Monthly Price
Varies
Crosstown Commons - Income Guidelines Apply
1212-1212 Crosstown BlvdChaska, MN 55318
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Rent Specials
$1,431 - $1,981
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,415 - $1,965
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Total Monthly Price
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Lake Jonathan Flats
3000 N Chestnut StChaska, MN 55318
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Rent Specials
$1,445 - $1,845
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSun Lake & Sun Lake Woods
1045 Yellow Brick RdChaska, MN 55318
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$1,450 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBrickstone
800-816 N Walnut PlChaska, MN 55318
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Rent Specials
$1,480 - $2,655
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,420 - $2,595
Required Monthly Fees
$60
Total Monthly Price
$1,480 - $2,655
Fenview Flats
1600 Clover Ridge DrChaska, MN 55318
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Rent Specials
$1,505 - $2,415
Plus Fees18 Month Lease Term
1 to 2 Bedroom Apartments Available NowTHE PLAZA at Hazeltine Apartments
1130 Hazeltine BlvdChaska, MN 55318
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Rent Specials
$1,518 - $3,762
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,449 - $3,693
Required Monthly Fees
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Total Monthly Price
Varies
Rowe
7980 Rose StVictoria, MN 55386
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Rent Specials
$1,538 - $4,183
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,458 - $4,103
Required Monthly Fees
$80
Total Monthly Price
$1,538 - $4,183
The Carver Apartments
3200 Clover Ridge drChaska, MN 55318
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$1,560 - $2,530
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,560 - $2,530
Total Monthly Price
$1,560 - $2,530
Hazeltine Shores
3456 Lake Shore DrChaska, MN 55318
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$1,603 - $6,233
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,588 - $6,218
Required Monthly Fees
$15
Total Monthly Price
$1,603 - $6,233
Carrick Apartments and Townhomes
5603 Manitou RdTonka Bay, MN 55331
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$1,624 - $2,937
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,475 - $2,788
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Springs at McKnight Lake
3 Oakridge DrChaska, MN 55318
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$1,650 - $1,950
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowMinnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
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$1,658 - $3,428
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,595 - $3,365
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Olivine Apartments - Now Open!
1942 Stieger Lake LnVictoria, MN 55386
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.
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Rent Specials
$1,675 - $3,392
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,660 - $3,377
Required Monthly Fees
$15
Total Monthly Price
$1,675 - $3,392
Juniper
4701 Kings Point RoadMinnetrista, MN 55331
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$1,703 - $2,703
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,695 - $2,695
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Total Monthly Price
Varies
Victoria Flats
1699 Steiger Lake LnVictoria, MN 55386
16 Thomas Ln
ChaskaMN55318
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Rent Specials
$1,758 - $2,658
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,524 - $2,424
Required Monthly Fees
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Total Monthly Price
Varies
Chaska Place Apartments
325 Engler BlvdChaska, MN 55318
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$1,855 - $2,355
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,805 - $2,305
Required Monthly Fees
$50
Total Monthly Price
$1,855 - $2,355
AbleLight Village
1519 82nd StVictoria, MN 55386
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1 to 3 Bedroom Apartments
Water's Edge Townhomes
218 Waters Edge DrChaska, MN 55318
604 White St SW
WatertownMN55388
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Studio to 2 Bedroom Apartments
Town Square Place
1 River Bend PlChaska, MN 55318
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2 Bedroom Apartments
Trailside Townhomes
112 Poplar Ridge DrNorwood Young America, MN 55397
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Studio to 2 Bedroom Apartments
Zen Chaska
110 E 1st StChaska, MN 55318
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Waconia, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waconia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waconia Studio Apartments | $1,560 | $1,020 | $1,833 |
| Waconia 1 Bedroom Apartments | $1,762 | $655 | $2,812 |
| Waconia 2 Bedroom Apartments | $2,309 | $782 | $3,810 |
| Waconia 3 Bedroom Apartments | $2,722 | $1,230 | $6,233 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Waconia
See all Apartments in WaconiaExplore Waconia
Waconia, MN Local Guide
- Waconia Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waconia, MN
Pricing Updated: 05/15/2026Current apartment rentals in the Waconia, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waconia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Waterford Freedom | $2,843 | $990 | 60 |
| Waterford Heartland Row | $2,843 | $990 | 60 |
Cheapest Available Waconia Apartments for Rent and Nearby
The cheapest available apartment rental in Waconia, MN is a 2 Beds unit found at Young America Apartments in the Scott Far Western Suburbs neighborhood priced from $1,055. Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,059. Here is today’s list of the most affordable Waconia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1,055 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Bayview Apartments | Studio | Studio,1BA | $1,100 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| The Otto | A - The Schram | Studio,1BA | $1,369 |
| Harbor District Apartments | Large one bedroom with in unit W/D | 1BR,1BA | $1,395 |
| Barbary Knoll Apartments | 2 bd Balcony | 2BR,1BA | $1,431 |
| Lake Jonathan Flats | Anchor | Studio,1BA | $1,466 |
Best Value Apartments for Rent in Waconia, MN and Nearby
As of May 15, 2026 the best value apartment in the Waconia area is the $1.00 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,520. The second greatest value Waconia apartment is the Floorplan A Model at Highland Shores Apartments starting at $1,925 with a $1.55 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for Waconia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.55 |
| Sun Lake & Sun Lake Woods | Walnut | 2BR,2BA | $1.55 |
| Brickstone | Snelling | 2BR,1BA | $1.72 |
| Barbary Knoll Apartments | 2 bd Balcony | 2BR,1BA | $1.47 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.41 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1.56 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Waconia, MN
Waconia Senior High School
Waconia Public School District
Public School - Grades 9-12 (1351)
8 out of 10
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Frequently Asked Questions about Cheap Waconia Apartments
What is the Cheapest Studio apartment in Waconia?
Currently the most affordable Cheap Studio Apartment in Waconia is at Bayview Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom Waconia Apartment?
The lowest price for a Cheap One Bedroom Waconia Apartment is $1,095 at Shorewood Place Apartments.
What is the lowest price for a Cheap Two Bedroom Waconia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waconia is starting from $1,055 at Young America Apartments.
What is the most affordable Waconia Three Bedroom Apartment?
The best deal on a cheap Waconia Three Bedroom Apartment rental is at The Otto and starts from $2,638.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.