Cheap Homes for Rent in Waconia, MN from $1,100 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Waconia.

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.

property at 1606 Geske Rd

1606 Geske Rd

ChaskaMN55318

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.

Waconia, MN Local Guide

Cheapest Neighborhoods for Apartments in Waconia, MN

Pricing Updated: 09/10/2025

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$2,599$1,7503
Waterford Heartland Row$2,599$1,7503

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 $1,015. Carver Place in the Highland Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,058. Here is today’s list of the most affordable Waconia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie VillageTimber Lea Terrace 2 Bedroom2BR,1BA$1,015
Carver Place1 Bed, 1 bath1BR,1BA$1,058
Shoreline Place2 bed / 1 ba2BR,1BA$1,059

Best Value Apartments for Rent in Waconia, MN and Nearby

As of September 10, 2025 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 1A Model at Lake Hazeltine Woods starting at $2,045 with a $1.67 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 Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Lake Hazeltine Woods1A1BR,1BA$1.67
Chaska Place ApartmentsRed Maple2BR,2BA$1.69
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Harbor District ApartmentsOne Bedroom One Bath1BR,1BA$1.61
Prairie VillagePrairie Village 2 Bedroom2BR,1BA$1.29
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Cedar Creek Apartments1BR-U1BR,1BA$1.66
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60
Carver Place1 Bed, 1 bath1BR,1BA$1.63

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Pet Friendly Lifestyle

Ranked #

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

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

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Frequently Asked Questions about Waconia

What type of rentals are currently available in Waconia?

There are currently 60 Apartments for Rent in Waconia, MN with pricing that ranges from $655 to $5,695. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waconia ranging from $1,150 to $5,200.

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 $1,150 to $5,200 with an average monthly rent of $2,339.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.