Cheap Apartments for Rent in Waterville, MN from $900 (41 Rentals)

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Cheap Apartments in Waterville.

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.

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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.

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Dublin Heights
2 Bedroom Apartments

Dublin Heights

1010 Patriot CtMankato, MN 56001
  • Utilities Included
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Northgate Townhomes
2 Bedroom Apartments

Northgate Townhomes

1010 Jace DrMankato, MN 56001
  • Utilities Included
Showing Results 1-41, Page 1 of 1

Waterville, MN Local Guide

Cheapest Available Waterville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterville, MN is a 1 Bed unit found at Town's Edge Place Apartments in the Downtown Faribault neighborhood priced from $975. RoK Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town's Edge Place Apartments1 Bedroom1BR,1BA$975
RoK Lofts1 Bedroom Unit1BR,1BA$1,000
Dublin HeightsTwo Bedroom2BR,1BA$1,167
Northgate TownhomesTwo BR Apt2BR,1BA$1,225
The Village Place FlatsOne Bedroom ADA1BR,1BA$1,250
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1,250
Cedar View Apartments2575 1 bed 1 bath1BR,1BA$1,295
Cedar Meadow Apartments3BR3BR,1BA$1,299
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1,300
Woodside ApartmentsTwo Bedroom2BR,1BA$1,340

Best Value Apartments for Rent in Waterville, MN and Nearby

As of May 03, 2025 the best value apartment in the Waterville 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 Waterville 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 Waterville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.04
Heritage Bluff Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.40
Woodside ApartmentsClubhouse 2b/2ba2BR,2BA$1.39
West Lake Meadows2 Bedroom 2 Bath2BR,2BA$1.50
Park Plaza Apartments2B 999 sq.ft.2BR,1BA$1.40
Straight River Apartments, LLC2 Bedroom 1 Bath2BR,1BA$1.37
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.40
Dublin HeightsTwo Bedroom2BR,1BA$1.22
Cedar Meadow Apartments3BR3BR,1BA$1.40

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Location, Location, Location!

Explore Waterville, MN Rentals by Map

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See the most popular apartments and homes in Waterville, MN

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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

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 Waterville Apartments

How much is rent for a Cheap One Bedroom Waterville Apartment?

The lowest price for a Cheap One Bedroom Waterville Apartment is $975 at Town's Edge Place Apartments.

What is the lowest price for a Cheap Two Bedroom Waterville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterville is starting from $1,075 at Town's Edge Place Apartments.

What is the most affordable Waterville Three Bedroom Apartment?

The best deal on a cheap Waterville Three Bedroom Apartment rental is at Trails Edge Apartments LLC and starts from $1,250.

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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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.