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$1,230 - $1,370
Plus Fees
3 Bedroom Apartments Available Sep 1Prairie Village
800 Meadow Lake PlWaconia, MN 55387
Cheap Apartments for Rent in Waconia, MN from $600 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Waconia.
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Rent Specials
$1,434 - $2,380
Plus Fees
1 to 2 Bedroom Apartments Available Sep 8The Uptown Apartments
233 S Olive StWaconia, MN 55387
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$1,583 - $2,393
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,575 - $2,385
Required Monthly Fees
$8
Total Monthly Price
$1,583 - $2,393
The Otto
601 Industrial Blvd WWaconia, MN 55387
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$1,6002 Bedroom Apartments Available Now
340 S Olive St, Unit Upstairs
340 S Olive StWaconia, MN 55387
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$1,728 - $3,273
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,655 - $3,200
Required Monthly Fees
$73
Total Monthly Price
$1,728 - $3,273
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
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 2 Bedroom Apartments
Old City Hall
9 W 1st StWaconia, MN 55387
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2 Bedroom Apartments
32 E Lake St
32 E Lake StWaconia, MN 55387
1003 Heather Ln
WaconiaMN55387
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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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Rent Specials
$1,050 - $1,425
Plus Fees
1 to 2 Bedroom Apartments Available NowSolace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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$1,100 - $2,700
Plus Fees
Studio to 3 Bedroom Apartments Available Aug 31Bayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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$1,113 - $1,330
Plus Fees
1 to 2 Bedroom Apartments Available NowCarver Oaks
1595 Hartwell DrCarver, MN 55315
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$1,120 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,165
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Oct 10Cedar Creek Apartments
133-135 Crosstown BlvdChaska, MN 55318
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$1,190 - $2,655
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMinnetonka Edgewater Apartments and Boat Slips
4177 Shoreline DrSpring Park, MN 55384
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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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$1,215 - $2,005
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $2,005
Total Monthly Price
$1,215 - $2,005
Dockside Apartments & Boat Slips - Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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$1,295
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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Rent Specials
$1,306 - $1,456
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,270 - $1,420
Required Monthly Fees
Varies
Total Monthly Price
Varies
Barbary Knoll Apartments
1596 Millpond CtChaska, MN 55318
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$1,395 - $1,425
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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Rent Specials
$1,420 - $2,595
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,420 - $2,595
Total Monthly Price
$1,420 - $2,595
Fenview Flats
1600 Clover Ridge DrChaska, MN 55318
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Rent Specials
$1,427 - $2,864
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,278 - $2,715
Required Monthly Fees
Varies
Total Monthly Price
Varies
Springs at McKnight Lake
3 Oakridge DrChaska, MN 55318
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Rent Specials
$1,450 - $4,364
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,450 - $4,364
Total Monthly Price
Varies
The Carver Apartments
3200 Clover Ridge drChaska, MN 55318
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Rent Specials
$1,450 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBrickstone
800-816 N Walnut PlChaska, MN 55318
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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Rent Specials
$1,460 - $1,620
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCrosstown Commons - Income Guidelines Apply
1212-1212 Crosstown BlvdChaska, MN 55318
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$1,508 - $2,203
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,500 - $2,195
Required Monthly Fees
$8
Total Monthly Price
$1,508 - $2,203
Lake Jonathan Flats
3000 N Chestnut StChaska, MN 55318
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Rent Specials
$1,510 - $2,075
Plus Fees
1 to 2 Bedroom Apartments Available NowHighland Shores Apartments
3100 Chestnut St NChaska, MN 55318
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Rent Specials
$1,543 - $3,962
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,474 - $3,893
Required Monthly Fees
Varies
Total Monthly Price
Varies
Rowe
7980 Rose StVictoria, MN 55386
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Rent Specials
$1,545 - $1,745
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,545 - $1,745
Total Monthly Price
$1,545 - $1,745
Sun Lake & Sun Lake Woods
1045 Yellow Brick RdChaska, MN 55318
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$1,595 - $2,575
Total Monthly Price
1 to 3 Bedroom Apartments Available Aug 31Total Monthly Price
Base Rent
$1,595 - $2,575
Total Monthly Price
$1,595 - $2,575
Hazeltine Shores
3456 Lake Shore DrChaska, MN 55318
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Rent Specials
$1,618 - $3,890
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,595 - $3,867
Required Monthly Fees
$23
Total Monthly Price
$1,618 - $3,890
Juniper
4701 Kings Point RoadMinnetrista, MN 55331
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$1,639 - $2,703
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,631 - $2,695
Required Monthly Fees
$8
Total Monthly Price
$1,639 - $2,703
Victoria Flats
1699 Steiger Lake LnVictoria, MN 55386
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Rent Specials
$1,658 - $2,788
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,595 - $2,725
Required Monthly Fees
$63
Total Monthly Price
$1,658 - $2,788
Olivine Apartments - Now Open!
1942 Stieger Lake LnVictoria, MN 55386
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$1,666 - $2,166
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,499 - $1,999
Required Monthly Fees
$167
Total Monthly Price
$1,666 - $2,166
Chaska Place Apartments
325 Engler BlvdChaska, MN 55318
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.
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$1,835 - $2,610
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTHE PLAZA at Hazeltine Apartments
1130 Hazeltine BlvdChaska, MN 55318
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$1,863
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,805
Required Monthly Fees
Varies
Total Monthly Price
Varies
AbleLight Village
1519 82nd StVictoria, MN 55386
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$1,898 - $4,206
Total Monthly Price
1 to 3 Bedroom Apartments Available Aug 26Total Monthly Price
Base Rent
$1,875 - $4,183
Required Monthly Fees
$23
Total Monthly Price
$1,898 - $4,206
Carrick North Building
5603 Manitou RdTonka Bay, MN 55331
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$2,045 - $3,510
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$2,045 - $3,510
Total Monthly Price
$2,045 - $3,510
Lake Hazeltine Woods
3400 Autumn Woods DrChaska, MN 55318
561 S Elk St
Belle PlaineMN56011
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2 Bedroom Apartments
Young America Apartments
326 Central Ave SNorwood Young America, MN 55397
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1 to 3 Bedroom Apartments
Carver Place
1591 Hartwell DrCarver, MN 55315
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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
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.
Showing Results 1-50, Page 1 of 2
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 | $1,553 | $1,020 | $1,833 |
| Waconia 1 Bedroom Apartments | $1,739 | $655 | $2,563 |
| Waconia 2 Bedroom Apartments | $2,293 | $782 | $3,960 |
| Waconia 3 Bedroom Apartments | $2,590 | $1,230 | $4,206 |
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: 08/16/2026Current apartment rentals in the Waconia, MN area range in price from $1,230 to $3,273 with an overall median price of $2,058. 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 | $2,058 | $1,230 | 42 |
| Waterford Heartland Row | $2,058 | $1,230 | 42 |
Cheapest Available Waconia Apartments for Rent and Nearby
The cheapest available apartment rental in Waconia, MN is a 1 Bed unit found at Solace on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,050. Lakecrest Village in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Waconia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Solace on Lake Minnetonka | Harrison | 1BR,1BA | $1,050 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1,220 |
| Minnetonka Edgewater Apartments and Boat Slips | The Shoreline | 1BR,1BA | $1,295 |
| Barbary Knoll Apartments | 1 bd + Den Garden Level | 1BR,1BA | $1,306 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1,330 |
| Harbor District Apartments | Large one bedroom with in unit W/D | 1BR,1BA | $1,395 |
| Fenview Flats | Sage | 1BR,1BA | $1,420 |
| Springs at McKnight Lake | Studio Grand Overlook | Studio,1BA | $1,427 |
Best Value Apartments for Rent in Waconia, MN and Nearby
As of August 16, 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 2 bedrooms Model at Carver Oaks starting at $1,330 with a $1.11 price per square foot in the Highland Shores 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 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1.11 |
| Zen Chaska | The Cobalt | 2BR,2BA | $1.57 |
| Brickstone | Snelling | 2BR,1BA | $1.72 |
| Highland Shores Apartments | Floorplan H | 1BR,1BA | $1.61 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.50 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Crosstown Commons - Income Guidelines Apply | 2 Bedroom | 2BR,1BA | $1.76 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1.74 |
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 Article
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
Southview Elementary School
Waconia Public School District
Public School - Grades K-5 (544)
9 out of 10
Waconia Senior High School
Waconia Public School District
Public School - Grades 9-12 (1335)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waconia, MN Rentals by Map
See the most popular apartments and homes in Waconia, MN
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 Springs at McKnight Lake listed at $1,427.
How much is rent for a Cheap One Bedroom Waconia Apartment?
The lowest price for a Cheap One Bedroom Waconia Apartment is $1,050 at Solace on Lake Minnetonka.
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 $1,200 at Langdon Lake Apartments.
What is the most affordable Waconia Three Bedroom Apartment?
The best deal on a cheap Waconia Three Bedroom Apartment rental is at Springs at McKnight Lake and starts from $2,751.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.