Apartments for Rent in Waconia, MN

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

The best apartments in Waconia, MN are: Wilford - NOW OPEN!, Crossings at Town Centre, Vista Ridge, Maple Crest Commons and Z_The Otto.

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

The price range for a studio apartment in Waconia, MN is between $1,695 and $3,400.

The price range for a 1-bedroom apartment in Waconia, MN is between $1,695 and $2,490.

The price range for a 2-bedroom apartment in Waconia, MN is between $1,409 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.

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.