Cheap Apartments for Rent in Waseca, MN from $500 (19 Rentals)

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

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Normandy Apartments
1 to 2 Bedroom Apartments

Normandy Apartments

208 14th Ave NEWaseca, MN 56093
  • Utilities Included
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PARKVIEW ESTATES
2 to 3 Bedroom Apartments

PARKVIEW ESTATES

413 Johnson Ave SWWaseca, MN 56093
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Waseca Manor
1 to 2 Bedroom Apartments

Waseca Manor

205 12th Ave NWWaseca, MN 56093
  • Utilities Included

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.

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.

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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
Senior Living
  • Utilities Included
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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060

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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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 Four Seasons Apartments in the Downtown Faribault neighborhood priced from $975. Town's Edge Place Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here is today’s list of the most affordable Waseca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,030
CHARTER OAKS TOWNHOMESThree Bedrooms Two Bathrooms3BR,2BA$1,110
Village Place Apartments2 Bedroom2BR,1BA$1,125
Park Village 1 and Park Village 2pkv2250 1bd w/den/1ba1BR,1BA$1,200

Best Value Apartments for Rent in Waseca, MN and Nearby

As of November 30, 2025 the best value apartment in the Waseca area is the $1.28 price per square foot Three Bedroom Model at Wolf Point Townhomes in the in the North Industrial Mankato neighborhood starting from $1,965. The second greatest value Waseca apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,450 with a $1.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wolf Point TownhomesThree Bedroom3BR,2.5BA$1.28
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.14
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.27
Autumn Wind TownhomesThree Bedroom3BR,1.5BA$1.27
CHARTER OAKS TOWNHOMESThree Bedrooms Two Bathrooms3BR,2BA$0.97
Woodside ApartmentsClubhouse 2b/2ba2BR,2BA$1.39
Cardinal Creek ApartmentsTwo Bedroom2BR,2BA$1.43
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.36
Cedar Meadow Apartments3BR3BR,1BA$1.40

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.

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The 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.

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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

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 Four Seasons 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 $1,125 at Village 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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.