Cheap Apartments for Rent in Waseca, MN from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Waseca.

College Station

306 State Ave

204 3rd Ave SE
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.

South Pointe Apartments

Clifton Apartments

Trails Edge Apartments LLC

Town's Edge Place Apartments

111 Vine Apartments

Straight River Apartments, LLC

West Lake Meadows
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.

Hillside Apartments

Augusta Park Estates

Woodside Apartments

Academy Apartments

The Faribo Apartments

Heritage Bluff Apartments LLC

702 E Main St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

240 E Rice 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 | $1,078 | $975 | $1,315 |
Waseca 1 Bedroom Apartments | $1,291 | $873 | $1,695 |
Waseca 2 Bedroom Apartments | $1,557 | $1,025 | $2,550 |
Waseca 3 Bedroom Apartments | $1,582 | $1,200 | $2,095 |
Waseca 4 Bedroom Apartments | $1,708 | $1,708 | $1,708 |
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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 1 Bed unit found at Town's Edge Place Apartments in the Downtown Faribault neighborhood priced from $975. 201 Pilgrim St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Waseca apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $975 |
201 Pilgrim St | 2 Bedroom | 2BR,2BA | $1,025 |
Woodside Apartments | Studio | Studio,1BA | $1,055 |
CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $1,075 |
Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1,250 |
Best Value Apartments for Rent in Waseca, MN and Nearby
As of May 13, 2025 the best value apartment in the Waseca area is the $1.34 price per square foot Three Bed - Market Model at Fox Meadows Townhomes in the starting from $1,650. The second greatest value Waseca apartment is the 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC starting at $1,250 with a $1.04 price per square foot in the Downtown Faribault 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. |
---|---|---|---|
Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.04 |
207 State St N, Unit 1 | 207 State St N | 3BR,1BA | $1.00 |
CHARTER OAKS TOWNHOMES | Three Bedrooms Two Bathrooms | 3BR,2BA | $0.94 |
Heritage Bluff Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.40 |
Cardinal Creek Apartments | Two Bedroom | 2BR,2BA | $1.29 |
Park Plaza Apartments | 2B 999 sq.ft. | 2BR,1BA | $1.40 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
201 Pilgrim St | 2 Bedroom | 2BR,2BA | $1.08 |
Quick Rent Budget Calculator
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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!
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Getting Around Waseca, MN
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some 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 Cheap Waseca Apartments
What is the Cheapest Studio apartment in Waseca?
Currently the most affordable Cheap Studio Apartment in Waseca is at Woodside Apartments listed at $1,055.
How much is rent for a Cheap One Bedroom Waseca Apartment?
The lowest price for a Cheap One Bedroom Waseca Apartment is $975 at Town's Edge Place 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 $1,025 at 201 Pilgrim St.
What is the most affordable Waseca Three Bedroom Apartment?
The best deal on a cheap Waseca Three Bedroom Apartment rental is at CHARTER OAKS TOWNHOMES and starts from $1,075.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.