
Cheap Homes for Rent in Waconia, MN from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Waconia.


611 Freeman Ave S

1236 Heather Ln

438 Lake Trail
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.

8327 Victoria Dr

1704 Pebble Terrace

1014 3rd Ave E

6876 Crosby Ct
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.

1998 Siefert St
Waconia, MN Local Guide

How much does it cost to rent a home in Waconia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waconia 2 Bedroom Homes for Rent | $2,135 | $2,000 | $2,250 |
Waconia 3 Bedroom Homes for Rent | $3,169 | $1,495 | $7,500 |
Waconia 4 Bedroom Homes for Rent | $3,572 | $2,499 | $7,495 |
Waconia 5 Bedroom Homes for Rent | $6,778 | $3,395 | $10,000+ |
Browse Top Homes for Rent in Waconia
Explore Waconia
Waconia, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,095 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Clover Field Marketplace | 3 Bedroom, Income Restrictions, Floorplan B | 3BR,2BA | $1.11 |
Hazeltine Shores | Augusta | 3BR,1.8BA | $1.56 |
Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.75 |
Zen Chaska | The Celadon | 1BR,1BA | $1.69 |
Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1.73 |
Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1.72 |
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.56 |
Quick Rent Budget Calculator
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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.

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.

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.