Apartments for Rent in Waconia, MN

Prices and availability in Waconia, MN were last updated on 3 Jun 2026.

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

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

The price range for a 1-bedroom apartment in Waconia, MN is between $1,157 and $2,490.

The price range for a 2-bedroom apartment in Waconia, MN is between $929 and $3,145.

The price range for a 3-bedroom apartment in Waconia, MN is between $1,550 and $3,145.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waconia are about 18 years old, on average. Of these, 67% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Waconia come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 37% of the total apartments in the city, while 2-bedroom floorplans represent around 46% of all rentals in Waconia. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.