
Cheap Apartments for Rent in Waseca, MN from $825 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.


Normandy Apartments

North States Apartments

Waseca Manor

CHARTER OAKS TOWNHOMES

F and H Apartments

Four Seasons Apartments

201 Pilgrim St

Straight River Apartments, LLC

Country Gardens
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Country View Court

Aire

111 Vine Apartments

Town's Edge Place Apartments

Hillside Apartments

Chambers Apartments

Cedar View Apartments

Total Monthly Price
The Faribo Apartments

Total Monthly Price
Augusta Park Estates

Total Monthly Price
The Pearl
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

South Pointe Apartments

Trails Edge Apartments

South Pointe II Apartments

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West Lake Meadows

Cedar Meadow Apartments

Total Monthly Price
Legacy Park Estates

Dublin Road Townhomes

Park Village Apartments

Total Monthly Price
Coopers Court

Total Monthly Price
Elmview Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Village Place Flats

Riverchase Apartments

Village Place Apartments of Mankato

Total Monthly Price
Woodside Apartments

Cardinal Creek Apartments

The Pointe @ Merchant Square

Heritage Bluff Apartments

Total Monthly Price
Radel Court

Ohana Apartments

107 Main St E
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

204 3rd Ave SE

Autumn Glen Townhomes

909 E Vine St

Clifton Apartments

815 N 4th St

Academy Apartments

1109 1st Ave NW

1611 5th Ave

Midwest Flats

Creekside Townhomes
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.
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 | $1,184 | $1,000 | $1,315 |
| Waseca 1 Bedroom Apartments | $1,272 | $825 | $1,650 |
| Waseca 2 Bedroom Apartments | $1,487 | $875 | $2,830 |
| Waseca 3 Bedroom Apartments | $1,557 | $925 | $1,955 |
Browse Top Apartments in Waseca
See all Apartments in WasecaExplore Waseca
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 F and H Apartments priced from $825. Four Seasons Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Waseca apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| 201 Pilgrim St | 1 Bedroom | 1BR,1BA | $1,000 |
| Country View Court | 1 Bed, 1 bath | 1BR,1BA | $1,020 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,118 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR,1BA | $1,150 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,195 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1,199 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of August 29, 2026 the best value apartment in the Waseca area is the $1.49 price per square foot New-Willow Cascades Townhomes! Model at Willow Cascades Townhomes in the in the University neighborhood starting from $2,395. The second greatest value Waseca apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,525 with a $1.19 price per square foot in the City Center Mankato neighborhood. 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. |
|---|---|---|---|
| Willow Cascades Townhomes | New-Willow Cascades Townhomes! | 3BR,2.5BA | $1.49 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.19 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.24 |
| Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.47 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.30 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| 201 Pilgrim St | 1 Bedroom | 1BR,1BA | $1.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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!
Explore Waseca, MN Rentals by Map
See the most popular apartments and homes in Waseca, MN
Frequently Asked Questions about Cheap Waseca Apartments
What is the Cheapest Studio apartment in Waseca?
Currently the most affordable Cheap Studio Apartment in Waseca is at Cedar View Apartments listed at $1,195.
How much is rent for a Cheap One Bedroom Waseca Apartment?
The lowest price for a Cheap One Bedroom Waseca Apartment is $825 at F and H 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 $1,200 at Four Seasons Apartments.
What is the most affordable Waseca Three Bedroom Apartment?
The best deal on a cheap Waseca Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,199.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.