Cheap Apartments for Rent in Waconia, MN from $600 (33 Rentals)

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The Otto
Rent Specials
$1,346 - $2,396
Total Monthly Price

Total Monthly Price

Base Rent
$1,338 - $2,388
Required Monthly Fees
$8

Total Monthly Price
$1,346 - $2,396
1 to 3 Bedroom Apartments Available Now

The Otto

601 Industrial Blvd WWaconia, MN 55387
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Wilford
$1,393 - $3,473
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,320 - $3,400
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Wilford

140 S Elm StWaconia, MN 55387
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The Uptown Apartments
Rent Specials
$1,444 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $2,200
Required Monthly Fees
$60

Total Monthly Price
$1,444 - $2,260
1 to 2 Bedroom Apartments Available Now

The Uptown Apartments

233 S Olive StWaconia, MN 55387
Senior Living
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Park Apartments
1 to 2 Bedroom Apartments

Park Apartments

140 E Main StWaconia, MN 55387
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Elm Apartments
1 to 2 Bedroom Apartments

Elm Apartments

245 Elm St SWaconia, MN 55387
  • Utilities Included
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Trails Edge South
1 to 3 Bedroom Apartments

Trails Edge South

885 Airport RdWaconia, MN 55387
  • Utilities Included
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included

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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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
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Old City Hall
1 to 2 Bedroom Apartments

Old City Hall

9 W 1st StWaconia, MN 55387
  • Utilities Included
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Bayview Apartments
$1,000 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,500

Total Monthly Price
$1,000 - $1,500
Studio to 3 Bedroom Apartments Available Apr 30

Bayview Apartments

2400 Interlachen RdSpring Park, MN 55384
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Carver Place
$1,058 - $1,464
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,058 - $1,464

Total Monthly Price
$1,058 - $1,464
1 to 3 Bedroom Apartments Contact Us For Availability

Carver Place

1591 Hartwell DrCarver, MN 55315
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  • Utilities Included
  • Low Income
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Shoreline Place
$1,059 - $1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,059 - $1,200

Total Monthly Price
$1,059 - $1,200
2 Bedroom Apartments Available Now

Shoreline Place

5000-5028 Shoreline DrMound, MN 55364
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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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Cedar Creek Apartments
$1,090 - $1,210
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,090 - $1,210

Total Monthly Price
$1,090 - $1,210
1 to 2 Bedroom Apartments Available Now

Cedar Creek Apartments

133-135 Crosstown BlvdChaska, MN 55318
Family Friendly
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  • Customer Reviewed
  • 3D Tour
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Lakecrest Village
$1,199 - $1,599
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,599

Total Monthly Price
$1,199 - $1,599
1 to 2 Bedroom Apartments Available Now

Lakecrest Village

5600 Grandview BlvdMound, MN 55364
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  • Utilities Included
  • 3D Tour
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Langdon Lake Apartments
$1,200 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,300

Total Monthly Price
$1,200 - $1,300
1 to 2 Bedroom Apartments Available Now

Langdon Lake Apartments

2479-2501 Commerce BlvdMound, MN 55364
Cost Per Sq.Ft.
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  • Customer Reviewed
  • Utilities Included
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Brickstone
$1,350 - $1,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350 - $1,700

Total Monthly Price
$1,350 - $1,700
1 to 2 Bedroom Apartments Available Now

Brickstone

800-816 N Walnut PlChaska, MN 55318
Luxury
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  • Customer Reviewed
  • Utilities Included
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Barbary Knoll Apartments
$1,386 - $1,431
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available May 8

Barbary Knoll Apartments

1596 Millpond CtChaska, MN 55318
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  • Utilities Included
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Harbor District Apartments
$1,425 - $1,825
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425 - $1,825

Total Monthly Price
$1,425 - $1,825
1 to 2 Bedroom Apartments Available Now

Harbor District Apartments

2360 Commerce BlvdMound, MN 55364
Furnished
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  • Utilities Included

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.

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Lake Jonathan Flats
$1,428 - $2,628
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,420 - $2,620
Required Monthly Fees
$8

Total Monthly Price
$1,428 - $2,628
Studio to 2 Bedroom Apartments Available Now

Lake Jonathan Flats

3000 N Chestnut StChaska, MN 55318
Family Friendly
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  • Customer Reviewed
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Fenview Flats
Rent Specials
$1,480 - $2,655
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,595
Required Monthly Fees
$60

Total Monthly Price
$1,480 - $2,655
1 to 3 Bedroom Apartments Available Now

Fenview Flats

1600 Clover Ridge DrChaska, MN 55318
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property at 202 Lincoln St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

202 Lincoln St

Norwood Young AmericaMN55397
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Water's Edge Townhomes
1 to 3 Bedroom Apartments

Water's Edge Townhomes

218 Waters Edge DrChaska, MN 55318
  • Utilities Included
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Town Square Place
Studio to 2 Bedroom Apartments

Town Square Place

1 River Bend PlChaska, MN 55318
Corporate Housing
  • Utilities Included
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Zen Chaska
Studio to 2 Bedroom Apartments

Zen Chaska

110 E 1st StChaska, MN 55318
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Trailside Townhomes
2 Bedroom Apartments

Trailside Townhomes

112 Poplar Ridge DrNorwood Young America, MN 55397

Waconia, MN Local Guide

Cheapest Neighborhoods for Apartments in Waconia, MN

Pricing Updated: 03/23/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Waterford Freedom$2,495$2,2001
Waterford Heartland Row$2,495$2,2001

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 $995. 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 ListingModel NameBed/BathPriced From
Young America Apartments2 bedrooms2BR,1BA$995
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Cedar Creek Apartments1BR-U1BR,1BA$1,090
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1,199
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Shorewood Place Apartments1 Bedroom1BR,1BA$1,295
Zen ChaskaThe Jade1BR,1BA$1,380
The Otto1F - The Shoreline1BR,1BA$1,423
Harbor District ApartmentsTop Floor Large One Bedroom1BR,1BA$1,425

Best Value Apartments for Rent in Waconia, MN and Nearby

As of March 23, 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 Twin City Model at Chaska Place Apartments starting at $2,414 with a $1.69 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Chaska Place ApartmentsTwin City3BR,2BA$1.69
Highland Shores ApartmentsFloorplan A2BR,2BA$1.55
Sun Lake & Sun Lake WoodsMaple2BR,2BA$1.49
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Young America Apartments2 bedrooms2BR,1BA$1.33
Cedar Creek1BR-U1BR,1BA$1.49
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1.64
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waconia, MN Rentals by Map

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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 Springs at McKnight Lake listed at $1,587.

How much is rent for a Cheap One Bedroom Waconia Apartment?

The lowest price for a Cheap One Bedroom Waconia Apartment is $1,090 at Cedar Creek.

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 $995 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 Hazeltine Shores and starts from $2,085.

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.