Studio Apartments for Rent in Waterville, MN (10 Rentals)

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Augusta Park Estates
Rent Specials
$1,195 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,899

Total Monthly Price
$1,195 - $1,899
Studio Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Midwest Flats
$999 - $1,219
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,799
Required Monthly Fees
$40

Total Monthly Price
$1,039 - $1,839
Studio Apartments Available May 1

Midwest Flats

429 8th Ave NWFaribault, MN 55021
  • Verified
  • Smoke Free

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.

Waterville, MN Local Guide

Largest Available Waterville and Nearby Studio Apartments

The largest available Studio apartment unit in Waterville, MN is found at Augusta Park Estates in the North Industrial Mankato neighborhood and is 690 square feet priced from $1,195. Cedar View Apartments in the Downtown Owatonna neighborhood has the second largest Studio, which is sized at 648 square feet and currently listed start at $1,250. Here is today’s list of the largest available Studio units in Waterville:

Apartment ListingModel NameSquare FootagePriced From
Augusta Park EstatesD- Studio690 Sq Ft$1,195
Cedar View Apartments2575 Studio - 2nd and 3rd Floor648 Sq Ft$1,250
Village Place ApartmentsStudio435 Sq Ft$735

Cheapest Available Waterville and Nearby Studio Apartments

As of March 06, 2026 the lowest priced Studio apartment unit in Waterville, MN is the Studio Model starting from $735 at Village Place Apartments in the University neighborhood. The second most affordable Waterville Studio is the D- Studio Model at Augusta Park Estates starting at $1,195 in the North Industrial Mankato neighborhood. The average price for all Studio apartments in Waterville is currently $1,143. Here is today’s list of the cheapest available Studio options in Waterville:

Apartment ListingModel NamePriced From
Village Place ApartmentsStudio$735
Augusta Park EstatesD- Studio$1,195
Cedar View Apartments2575 Studio - 2nd and 3rd Floor$1,250

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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.

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Frequently Asked Questions about Studio Waterville Apartments

What is the Cheapest apartment in Waterville with Studio?

Currently the most affordable Studio in Waterville is at Village Place Apartments listed at $735.

How much is the average rent for a Studio Waterville Apartment?

The average rent for a Studio Apartment in Waterville is $1,143.

What is the largest available Studio Waterville Apartment for rent?

Today's apartment with the most square footage in Waterville is a 690 square feet unit starting from $1,195 at Augusta Park Estates.

What is the average size for Waterville Studio Apartments for rent?

The average size for a Studio rental in Waterville is currently 545 sq ft.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.