
Cheap Apartments for Rent in Waseca, MN from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.


629 3rd St NE, Unit 631, Unit 631

Normandy Apartments

PARKVIEW ESTATES

Waseca Manor

CHARTER OAKS TOWNHOMES

F and H Apartments

Autumn Glen Townhomes
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.

Total Monthly Price
Midwest Flats

Four Seasons Apartments

Village Place Apartments of Mankato

Straight River Apartments, LLC

111 Vine Apartments

Town's Edge Place Apartments

Hillside Apartments

Chambers Apartments
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.

Ohana Apartments

Total Monthly Price
Woodside Apartments

Clifton Apartments

The Faribo Apartments

The Pearl

West Lake Meadows

Trails Edge Apartments LLC

South Pointe Apartments
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.

South Pointe II Apartments

Total Monthly Price
Augusta Park Estates

Total Monthly Price
Legacy Park Estates

Park Village Apartments

Creekside Townhomes

Total Monthly Price
Elmview Apartments

Heritage Bluff Apartments LLC

Cedar View Apartments
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.

Riverchase Apartments

Cardinal Creek Apartments

101 Elm St

204 3rd Ave SE

909 E Vine St

201 Pilgrim St

325 E Washington St

Academy 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.

416 State St

103 Lincoln St
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 | $1,075 | $915 | $1,315 |
| Waseca 1 Bedroom Apartments | $1,294 | $825 | $1,725 |
| Waseca 2 Bedroom Apartments | $1,482 | $875 | $1,945 |
| Waseca 3 Bedroom Apartments | $1,625 | $1,200 | $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 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1,050 |
| Ohana Apartments | Studio (Phase III - Type 7) | Studio,1BA | $1,084 |
| Woodside Apartments | Studio | Studio,1BA | $1,090 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,099 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,140 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of April 14, 2026 the best value apartment in the Waseca area is the $1.11 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,414. 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. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.11 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
| 304 3rd St NE, Unit Apt A | 304 3rd St NE | 2BR,2BA | $0.92 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1.10 |
| Park Village Apartments | 2bd/1ba PV2 | 2BR,1BA | $1.38 |
| PARKVIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Ohana Apartments listed at $1,084.
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 Cedar Meadow Apartments and starts from $1,349.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.