4470 Denbigh Rd
MoundMN55364
Cheap Homes for Rent in Waconia, MN from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waconia.
211 Canal Dr
RockfordMN55373
212 Beach
RockfordMN55373
524 W 3rd St
WaconiaMN55387
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.
914 Sommerville St S
ShakopeeMN55379
5043 Shoreline Dr
MoundMN55364
200 Mertens St
JordanMN55352
1944 Shamrock Pl
ChaskaMN55318
102 Charity Cir
MontroseMN55363
438 Lake Trail
WinstedMN55395
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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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 a home in Waconia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waconia 2 Bedroom Homes for Rent | $1,981 | $1,600 | $2,600 |
| Waconia 3 Bedroom Homes for Rent | $2,958 | $1,450 | $7,500 |
| Waconia 4 Bedroom Homes for Rent | $4,058 | $2,079 | $8,500 |
| Waconia 5 Bedroom Homes for Rent | $5,163 | $2,450 | $10,000+ |
Browse Top Homes for Rent in Waconia
Explore Waconia
Waconia, MN Local Guide
- Waconia Neighborhoods
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Cheapest Neighborhoods for Apartments in Waconia, MN
Pricing Updated: 07/22/2025Current 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 | $1,904 | $970 | 29 |
| Waterford Heartland Row | $1,904 | $970 | 29 |
Cheapest Available Waconia Apartments for Rent and Nearby
The cheapest available apartment rental in Waconia, MN is a 2 Beds unit found at Prairie Village in the Waterford Heartland Row neighborhood priced from $995. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here is today’s list of the most affordable Waconia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Village | Prairie Village 2 Bedroom | 2BR,1BA | $995 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,120 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Waconia, MN and Nearby
As of July 23, 2025 the best value apartment in the Waconia area is the $0.87 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,320. The second greatest value Waconia apartment is the Floorplan C Model at Highland Shores Apartments starting at $1,985 with a $1.36 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 | $0.87 |
| Highland Shores Apartments | Floorplan C | 2BR,2BA | $1.36 |
| Brickstone | Herald | 2BR,1BA | $1.55 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Harbor District Apartments | One Bedroom One Bath | 1BR,1BA | $1.66 |
| Zen Chaska - A 55+ Community | The Fern | 1BR,1BA | $1.74 |
| Prairie Village | Prairie Village 2 Bedroom | 2BR,1BA | $1.29 |
| Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1.60 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1.66 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.60 |
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Frequently Asked Questions about Waconia
What type of rentals are currently available in Waconia?
There are currently 59 Apartments for Rent in Waconia, MN with pricing that ranges from $655 to $5,695. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waconia ranging from $1,450 to $15,975.
What is the current price range for Rental Homes in Waconia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waconia ranges from $1,450 to $15,975 with an average monthly rent of $3,540.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.