Cheap Apartments for Rent in Waseca, MN from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waseca.

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208 14th Ave NE
2 Bedroom Apartments

208 14th Ave NE

208 14th Ave NEWaseca, MN 56093
  • Utilities Included
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Waseca Manor
2 Bedroom Apartments

Waseca Manor

205 12th Ave NWWaseca, MN 56093
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PARKVIEW ESTATES
2 Bedroom Apartments

PARKVIEW ESTATES

413 Johnson Ave SWWaseca, MN 56093
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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.

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.

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909 E Vine St
1 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
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201 Pilgrim St
2 Bedroom Apartments

201 Pilgrim St

201 Pilgrim StSaint Clair, MN 56080
  • Utilities Included

Waseca, MN Local Guide

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 ListingModel NameBed/BathPriced From
Town's Edge Place Apartments1 Bedroom1BR,1BA$975
West Lake Meadows1 Bedroom A1BR,1BA$1,095
CHARTER OAKS TOWNHOMESThree Bedrooms Two Bathrooms3BR,2BA$1,110
111 Vine Apartments1 Bedroom 1 Bathroom1BR,1BA$1,125
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1,150
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1,200
Cedar Meadow Apartments3BR3BR,1BA$1,249
The Village Place FlatsOne Bedroom ADA1BR,1BA$1,250
Parkview ApartmentsTwo Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.37
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.23
621 State St N, Unit 1621 State St N3BR,1BA$1.21
CHARTER OAKS TOWNHOMESThree Bedrooms Two Bathrooms3BR,2BA$0.97
Cardinal Creek ApartmentsTwo Bedroom2BR,2BA$1.29
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1.37
Cedar Meadow Apartments3BR3BR,1BA$1.35

Quick Rent Budget Calculator

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

Explore Waseca, MN Rentals by Map

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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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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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.