Cheap Apartments for Rent in Waseca, MN from $500 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Waseca.

close
View Me
208 14th Ave NE
2 Bedroom Apartments

208 14th Ave NE

208 14th Ave NEWaseca, MN 56093
  • Utilities Included
close
View Me
PARKVIEW ESTATES
2 to 3 Bedroom Apartments

PARKVIEW ESTATES

413 Johnson Ave SWWaseca, MN 56093
  • Utilities Included
close
View Me
Waseca Manor
2 Bedroom Apartments

Waseca Manor

205 12th Ave NWWaseca, MN 56093
  • Utilities Included
close
View Me
909 E Vine St
1 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060

Waseca, MN Local Guide

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. Woodside Apartments in the East Mankato neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Waseca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town's Edge Place Apartments1 Bedroom1BR,1BA$975
Woodside ApartmentsStudioStudio,1BA$995
Augusta Park EstatesStudio Apartment (Building A)Studio,1BA$1,120
Cedar Meadow Apartments3BR3BR,1BA$1,199
The Village Place FlatsOne Bedroom ADA1BR,1BA$1,250

Best Value Apartments for Rent in Waseca, MN and Nearby

As of March 23, 2025 the best value apartment in the Waseca area is the $1.22 price per square foot 2 Bedroom 1 Bath Model at Tartan Glen in the in the University neighborhood starting from $1,550. The second greatest value Waseca apartment is the 29020 132nd St Model at 29020 132nd St, Unit #3 starting at $1,100 with a $1.00 price per square foot . Here is today’s list of the best values for Waseca apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
29020 132nd St, Unit #329020 132nd St3BR,2BA$1.00
Cardinal Creek ApartmentsTwo Bedroom2BR,2BA$1.19
West Lake Meadows2 Bedroom 1 Bath A2BR,1BA$1.42
Park Plaza Apartments2B 999 sq.ft.2BR,1BA$1.40
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1.40
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.40
Cedar Meadow Apartments3BR3BR,1BA$1.30
The Pearl1 Bedroom 1 Bath and Den1BR,1BA$1.59

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 Waseca, MN Rentals by Map

View MapWaseca, MN Apartments MapView MapWaseca, MN Rental Homes Map

Getting Around Waseca, MN

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

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 $995.

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 $1,075 at Town's Edge Place Apartments.

What is the most affordable Waseca Three Bedroom Apartment?

The best deal on a cheap Waseca Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,199.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.