Cheap Homes for Rent in Waconia, MN from $1,400 (9 Rentals)

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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.

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

Cheapest Available Waconia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waconia, MN is a 1 Bed unit found at Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,095. Langdon Lake Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Waconia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Minnetonka EdgewaterOne Bedroom, One Bathroom1BR,1BA$1,250

Best Value Apartments for Rent in Waconia, MN and Nearby

As of June 06, 2025 the best value apartment in the Waconia area is the $1.11 price per square foot 3 Bedroom, Income Restrictions, Floorplan B Model at Clover Field Marketplace in the in the Scott Far Western Suburbs neighborhood starting from $1,658. The second greatest value Waconia apartment is the Augusta Model at Hazeltine Shores starting at $2,155 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Clover Field Marketplace3 Bedroom, Income Restrictions, Floorplan B3BR,2BA$1.11
Hazeltine ShoresAugusta3BR,1.8BA$1.56
Lake Hazeltine Woods1A1BR,1BA$1.67
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Highland Shores ApartmentsFloorplan G1BR,1BA$1.75
Zen ChaskaThe Celadon1BR,1BA$1.69
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.78
Minnetonka EdgewaterOne Bedroom, One Bathroom1BR,1BA$1.72
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56

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Frequently Asked Questions about Waconia

What type of rentals are currently available in Waconia?

There are currently 58 Apartments for Rent in Waconia, MN with pricing that ranges from $930 to $5,695. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waconia ranging from $1,495 to $16,975.

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 $1,495 to $16,975 with an average monthly rent of $3,913.

How much are larger Three and Four Bedroom Rentals in Waconia?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waconia range from $1,150 to $5,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,499 and Four Bedroom Apartments start at $2,400.

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.