1 Bedroom Apartments for Rent in Waterville, MN (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
property at 960 N 3rd St

960 N 3rd St

St. PeterMN56082

Waterville, MN Local Guide

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 City Center Mankato neighborhood and is 1,048 square feet priced from $1,775. West Lake Meadows in the Downtown Owatonna neighborhood has the second largest 1 Bedroom, which is sized at 996 square feet and currently listed start at $1,620. Here is today’s list of the largest available 1 Bedroom units in Waterville:

Apartment ListingModel NameSquare FootagePriced From
Pond View Heights ApartmentsJ- now (flexible)1,048 Sq Ft$1,775
West Lake Meadows2 Bedroom 2 Bath996 Sq Ft$1,620
Augusta Park Estates1 Bedroom/1 Bathroom HC (D)955 Sq Ft$1,695
Legacy Park EstatesOne Bedroom One Bathroom763 Sq Ft$1,225
ASCEND1B Wabena761 Sq Ft$1,500
Town's Edge Place Apartments1 Bedroom737 Sq Ft$975
The Village Place FlatsOne Bedroom ADA594 Sq Ft$1,250
RoK Lofts1 Bedroom Unit576 Sq Ft$1,100

Cheapest Available Waterville and Nearby 1 Bedroom Apartments

As of July 28, 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 Unit Model at RoK Lofts starting at $1,100 . The average price for all 1 Bedroom apartments in Waterville is currently $1,369. Here is today’s list of the cheapest available 1 Bedroom options in Waterville:

Apartment ListingModel NamePriced From
Town's Edge Place Apartments1 Bedroom$975
RoK Lofts1 Bedroom Unit$1,100
Legacy Park EstatesOne Bedroom One Bathroom$1,225
The Village Place FlatsOne Bedroom ADA$1,250
Pond View Heights ApartmentsK - 1 BR (Now-flexible)$1,350
West Lake Meadows1 Bedroom C$1,370
ASCEND1B Wabena$1,500
Augusta Park Estates1 Bedroom/1 Bathroom A (D)$1,550

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterville, MN Rentals by Map

View Map
Waterville, MN Apartments Map
View Map
Waterville, MN Rental Homes Map

Getting Around Waterville, MN

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,369.

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 673 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.