Apartments for Rent in Waconia, MN

Prices and availability in Waconia, MN were last updated on 23 Oct 2026.

The best apartments in Waconia, MN are: Wilford - NOW OPEN!, Crossings at Town Centre, Interlaken Place, Maple Crest Commons and Trail's Edge South.

The average rent in Waconia, MN is $1,144.

The price range for a studio apartment in Waconia, MN is between $1,645 and $3,400.

The price range for a 1-bedroom apartment in Waconia, MN is between $1,645 and $2,490.

The price range for a 2-bedroom apartment in Waconia, MN is between $1,295 and $3,400.

The price range for a 3-bedroom apartment in Waconia, MN is between $1,555 and $3,400.

In Waconia, 20% of the residents are renting compared to 80% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Waconia's rentals, 68% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The average age of rental buildings in Waconia is 18 years old, with 67% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Waconia are around 1% of rentals, while 1-bedroom floor plans represent 37% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.