
Cheap Apartments for Rent in Waseca, MN from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.


College Station
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.

204 3rd Ave SE

South Pointe Apartments

Clifton Apartments

Trails Edge Apartments LLC
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.

Town's Edge Place Apartments

Straight River Apartments, LLC

Hillside Apartments

Woodside Apartments

Augusta Park Estates

111 Vine Apartments

West Lake Meadows

The Faribo Apartments

Academy Apartments

Village Place Apartments
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.

South Pointe II Apartments

Dublin Road Townhomes

Heritage Bluff Apartments LLC

Park Plaza Apartments

Riverchase Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Waseca, MN Local Guide

How much does it cost to rent an apartment in Waseca?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waseca Studio Apartments | $1,086 | $1,000 | $1,315 |
Waseca 1 Bedroom Apartments | $1,284 | $715 | $1,695 |
Waseca 2 Bedroom Apartments | $1,583 | $720 | $2,650 |
Waseca 3 Bedroom Apartments | $1,537 | $1,249 | $2,700 |
Waseca 4 Bedroom Apartments | $1,743 | $1,708 | $1,778 |
Browse Top Apartments in Waseca
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Waseca, MN Local Guide
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Cheapest Available Waseca Apartments for Rent and Nearby
 The cheapest available apartment rental in Waseca, MN is a 1 Bed unit found at Town's Edge Place Apartments in the Downtown Faribault neighborhood priced from $975. West Lake Meadows in the Downtown Owatonna neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Waseca apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
West Lake Meadows | 1 Bedroom A | 1BR,1BA | $1,095 |
CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $1,110 |
111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,200 |
Cedar Meadow Apartments | 3BR | 3BR,1BA | $1,249 |
The Village Place Flats | One Bedroom ADA | 1BR,1BA | $1,250 |
Parkview Apartments | Two Bedroom | 2BR,1BA | $1,279 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of June 14, 2025 the best value apartment in the Waseca area is the $1.22 price per square foot 2 Bedroom 1 Bath Model at Tartan Glen in the in the University neighborhood starting from $1,550. The second greatest value Waseca apartment is the Three Bed - Market Model at Fox Meadows Townhomes starting at $1,650 with a $1.34 price per square foot . Here is today’s list of the best values for Waseca apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.37 |
Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.23 |
621 State St N, Unit 1 | 621 State St N | 3BR,1BA | $1.21 |
CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $0.97 |
Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.29 |
Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.35 |
Quick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Waseca, MN
Waseca Intermediate Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Waseca, MN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waseca Apartments
How much is rent for a Cheap One Bedroom Waseca Apartment?
The lowest price for a Cheap One Bedroom Waseca Apartment is $975 at Town's Edge Place Apartments.
What is the lowest price for a Cheap Two Bedroom Waseca Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waseca is starting from $1,075 at Town's Edge Place Apartments.
What is the most affordable Waseca Three Bedroom Apartment?
The best deal on a cheap Waseca Three Bedroom Apartment rental is at CHARTER OAKS TOWNHOMES and starts from $1,110.
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.