
Cheap Apartments for Rent in Waseca, MN from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.


PARKVIEW ESTATES

Waseca Manor

CHARTER OAKS TOWNHOMES

Trails Edge Apartments LLC

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

Four Seasons Apartments

Radel Court

Town's Edge Place Apartments

Total Monthly Price
Midwest Flats

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.

Chambers Apartments

111 Vine Apartments

Total Monthly Price
Woodside Apartments

Clifton Apartments

The Faribo Apartments

204 3rd Ave SE
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.

909 E Vine St

201 Pilgrim 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 | $1,141 | $950 | $1,265 |
| Waseca 1 Bedroom Apartments | $1,292 | $950 | $1,725 |
| Waseca 2 Bedroom Apartments | $1,495 | $1,055 | $1,925 |
| Waseca 3 Bedroom Apartments | $1,661 | $1,299 | $2,100 |
| Waseca 4 Bedroom Apartments | $1,828 | $1,828 | $1,828 |
Browse Top Apartments in Waseca
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Waseca, MN Local Guide
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Cheapest Available Waseca Apartments for Rent and Nearby
 The cheapest available apartment rental in Waseca, MN is a 3 Beds unit found at PARKVIEW ESTATES priced from $805. 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 |
|---|---|---|---|
| PARKVIEW ESTATES | 3 Bedroom 1 Bathroom | 3BR,1BA | $805 |
| 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 |
| Park Village Apartments | 1bd/1ba + Den PV2 | 1BR,1BA | $1,170 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of January 14, 2026 the best value apartment in the Waseca area is the $1.17 price per square foot Three Bedroom Model at Wolf Point Townhomes in the in the North Industrial Mankato neighborhood starting from $1,800. The second greatest value Waseca apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,500 with a $1.18 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 | $1.17 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.18 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.31 |
| 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 | $1.40 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Village Place Apartments | 2 Bedroom Large | 2BR,1BA | $1.28 |
| PARKVIEW ESTATES | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.11 |
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 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
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 $975 at PARKVIEW ESTATES.
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 $805.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!