
1 Bedroom Apartments for Rent in Waterville, MN (34 Rentals)


Cedar View Apartments

Riverchase Apartments

Straight River Apartments, LLC

South Pointe 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.

Elmview II Apartments

South Pointe II Apartments

Heritage Bluff Apartments LLC

The Pearl

Trails Edge Apartments LLC

Coopers Court

204 3rd Ave SE

Town's Edge Place 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.

The Faribo Apartments

The Pointe @ Merchant Square

Heights on Adams

Cardinal Creek Apartments

Pond View Heights Apartments

The Village Place Flats

Woodside Apartments

4 1st Ave SW

122 Lynn Ln
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.

121 Laurinda Ln

960 N 3rd St
Waterville, MN Local Guide

How much does it cost to rent an apartment in Waterville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterville Studio Apartments | $1,081 | $1,000 | $1,315 |
Waterville 1 Bedroom Apartments | $1,351 | $900 | $1,775 |
Waterville 2 Bedroom Apartments | $1,619 | $1,075 | $2,650 |
Waterville 3 Bedroom Apartments | $1,645 | $1,249 | $2,095 |
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Waterville, MN Local Guide
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Largest Available Waterville and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Waterville, MN is found at Pond View Heights Apartments in the East Mankato neighborhood and is 1,048 square feet priced from $1,775. Augusta Park Estates in the Lincoln Park neighborhood has the second largest 1 Bedroom, which is sized at 955 square feet and currently listed start at $1,695. Here is today’s list of the largest available 1 Bedroom units in Waterville:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Pond View Heights Apartments | J- now (flexible) | 1,048 Sq Ft | $1,775 |
Augusta Park Estates | 1 Bedroom/1 Bathroom HC (D) | 955 Sq Ft | $1,695 |
111 Vine Apartments | 1 Bedroom 1 Bathroom | 907 Sq Ft | $1,285 |
West Lake Meadows | 1 Bedroom C | 818 Sq Ft | $1,245 |
ASCEND | 1B Wabena | 761 Sq Ft | $1,375 |
Town's Edge Place Apartments | 1 Bedroom | 737 Sq Ft | $975 |
Hillside Apartments | One Bedroom One Bathroom | 715 Sq Ft | $1,150 |
Riverchase Apartments | 1 Bedroom 1 Bath | 699 Sq Ft | $1,200 |
Cedar View Apartments | 2575 1 BD/1 BA | 648 Sq Ft | $1,295 |
The Village Place Flats | One Bedroom ADA | 594 Sq Ft | $1,250 |
Cheapest Available Waterville and Nearby 1 Bedroom Apartments
As of June 11, 2025 the lowest priced 1 Bedroom apartment unit in Waterville, MN is the 1 Bedroom Model starting from $975 at Town's Edge Place Apartments in the Downtown Faribault neighborhood. The second most affordable Waterville 1 Bedroom is the 1 Bedroom A Model at West Lake Meadows starting at $1,135 in the Downtown Owatonna neighborhood. The average price for all 1 Bedroom apartments in Waterville is currently $1,351. Here is today’s list of the cheapest available 1 Bedroom options in Waterville:
Apartment Listing | Model Name | Priced From |
---|---|---|
Town's Edge Place Apartments | 1 Bedroom | $975 |
West Lake Meadows | 1 Bedroom A | $1,135 |
Hillside Apartments | One Bedroom One Bathroom | $1,150 |
Riverchase Apartments | 1 Bedroom 1 Bath | $1,200 |
The Village Place Flats | One Bedroom ADA | $1,250 |
Cedar View Apartments | 2575 1 BD/1 BA | $1,295 |
Pond View Heights Apartments | K - 1 BR (Now-flexible) | $1,350 |
ASCEND | 1B Wabena | $1,375 |
Augusta Park Estates | 1 Bedroom/1 Bathroom A (D) | $1,550 |
Quick Rent Budget Calculator
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Getting Around Waterville, MN
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal 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 1 Bedroom Waterville Apartments
What is the Cheapest apartment in Waterville with 1 Bedroom?
Currently the most affordable 1 Bedroom in Waterville is at Town's Edge Place Apartments listed at $975.
How much is the average rent for a 1 Bedroom Waterville Apartment?
The average rent for a 1 Bedroom Apartment in Waterville is $1,351.
What is the largest available 1 Bedroom Waterville Apartment for rent?
Today's apartment with the most square footage in Waterville is a 1,048 square feet unit starting from $1,775 at Pond View Heights Apartments.
What is the average size for Waterville 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Waterville is currently 611 sq ft.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.