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

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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.

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.

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.

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 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 ListingModel NameSquare FootagePriced From
Pond View Heights ApartmentsJ- now (flexible)1,048 Sq Ft$1,775
Augusta Park Estates1 Bedroom/1 Bathroom HC (D)955 Sq Ft$1,695
111 Vine Apartments1 Bedroom 1 Bathroom907 Sq Ft$1,285
West Lake Meadows1 Bedroom C818 Sq Ft$1,245
ASCEND1B Wabena761 Sq Ft$1,375
Town's Edge Place Apartments1 Bedroom737 Sq Ft$975
Hillside ApartmentsOne Bedroom One Bathroom715 Sq Ft$1,150
Riverchase Apartments1 Bedroom 1 Bath699 Sq Ft$1,200
Cedar View Apartments2575 1 BD/1 BA648 Sq Ft$1,295
The Village Place FlatsOne Bedroom ADA594 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 ListingModel NamePriced From
Town's Edge Place Apartments1 Bedroom$975
West Lake Meadows1 Bedroom A$1,135
Hillside ApartmentsOne Bedroom One Bathroom$1,150
Riverchase Apartments1 Bedroom 1 Bath$1,200
The Village Place FlatsOne Bedroom ADA$1,250
Cedar View Apartments2575 1 BD/1 BA$1,295
Pond View Heights ApartmentsK - 1 BR (Now-flexible)$1,350
ASCEND1B Wabena$1,375
Augusta Park Estates1 Bedroom/1 Bathroom A (D)$1,550

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

Explore Waterville, MN Rentals by Map

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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

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.

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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.

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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.

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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.

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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.