
Cheap Apartments for Rent in Waseca, MN from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.


Normandy Apartments

North States Apartments

PARKVIEW ESTATES

Waseca Manor

CHARTER OAKS TOWNHOMES

F and H Apartments

Four Seasons Apartments

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Radel Court

Straight River Apartments, LLC
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.

Aire

111 Vine Apartments

Town's Edge Place Apartments

Hillside Apartments

Village Place Apartments of Mankato

Chambers Apartments

Clifton Apartments

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Woodside Apartments

Total Monthly Price
The Faribo Apartments

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Augusta Park Estates
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.

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West Lake Meadows

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The Pearl

South Pointe Apartments

Trails Edge Apartments LLC

South Pointe II Apartments

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Legacy Park Estates

Dublin Road Townhomes

Park Village Apartments

Total Monthly Price
Coopers Court

Ohana Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Elmview Apartments

Heritage Bluff Apartments LLC

Village Place Flats

Cedar View Apartments

Riverchase Apartments

Cedar Meadow Apartments

Cardinal Creek Apartments

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Midwest Flats

Apartments on Mound

Autumn Glen Townhomes
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

909 E Vine St

201 Pilgrim St

325 E Washington St

240 E Rice St

Academy Apartments

514 S Grove Ave

Creekside Townhomes

416 State St

101 Elm St
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.
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 | $1,152 | $1,000 | $1,315 |
| Waseca 1 Bedroom Apartments | $1,295 | $825 | $1,725 |
| Waseca 2 Bedroom Apartments | $1,482 | $875 | $2,830 |
| Waseca 3 Bedroom Apartments | $1,518 | $925 | $2,100 |
| Waseca 4 Bedroom Apartments | $2,055 | $2,055 | $2,055 |
Browse Top Apartments in Waseca
See all Apartments in WasecaExplore Waseca
Waseca, MN Local Guide
- Nearby Cities
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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 |
| PARKVIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $975 |
| Aire | Studio, 1 bath | Studio,1BA | $1,020 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $1,050 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,140 |
| South Pointe II Apartments | Studio | Studio,1BA | $1,160 |
| Elmview Apartments | 2 BD/1 BA | 2BR,1BA | $1,243 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of May 30, 2026 the best value apartment in the Waseca area is the $1.23 price per square foot New 3Br, 2.5 Bath @ Willow Cascades! Model at Willow Cascades Townhomes in the in the University neighborhood starting from $1,850. The second greatest value Waseca apartment is the 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes starting at $1,525 with a $1.20 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 3Br, 2.5 Bath @ Willow Cascades! | 3BR,2.5BA | $1.23 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.22 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Apartments on Mound | Two Bedroom | 2BR,1BA | $1.22 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| PARKVIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
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 Aire listed at $1,020.
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 $875 at F and H Apartments.
What is the most affordable Waseca Three Bedroom Apartment?
The best deal on a cheap Waseca Three Bedroom Apartment rental is at PARKVIEW ESTATES and starts from $1,275.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.