Cheap Apartments for Rent in Waseca, MN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.

Village Place Apartments

Straight River Apartments, LLC
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.

South Pointe Apartments

Trails Edge Apartments LLC

Four Seasons Apartments

Radel Court

Town's Edge Place Apartments

Hillside 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.

Woodside Apartments

Chambers Apartments

111 Vine Apartments

Clifton 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.
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 | $1,083 | $950 | $1,215 |
| Waseca 1 Bedroom Apartments | $1,235 | $900 | $1,725 |
| Waseca 2 Bedroom Apartments | $1,460 | $1,055 | $1,899 |
| Waseca 3 Bedroom Apartments | $1,496 | $1,299 | $1,965 |
| Waseca 4 Bedroom Apartments | $1,828 | $1,828 | $1,828 |
Browse Top Apartments in Waseca
See all Apartments in WasecaExplore Waseca
Waseca, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $1,110 |
| Village Place Apartments | 2 Bedroom | 2BR,1BA | $1,125 |
| Park Village 1 and Park Village 2 | pkv2250 1bd w/den/1ba | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.28 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.14 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $0.97 |
| Woodside Apartments | Clubhouse 2b/2ba | 2BR,2BA | $1.39 |
| Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.43 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Cedar Meadow Apartments | 3BR | 3BR,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.
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 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
Getting Around Waseca, MN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.






