Waseca

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Waseca, MN Area Guide

Avg Rent

$615

Population

9,714

Renter Mix

31% Rent

A lake-filled suburb and a laid-back environment

Suburban Affordable Community Family-Friendly Great Schools

A peaceful city with a bit of seclusion, Waseca sits in the suburbs of south Minnesota, located about 72 miles south of Minneapolis. Residents appreciate this city’s small town charm, along with its historic roots and community spirit. The Waseca County Historical Society keeps up this town’s historic sites. Both Clear Lake and Loon Lake sit within this city, so locals can enjoy fishing, boating, swimming, and camping.

The Waseca County Fairgrounds hold seasonal community events, while Waseca Water Park offers seasonal family-friendly fun. There are quite a few pubs, pizza parlors, and Mexican grills throughout the city. Residents of Waseca enjoy grabbing a drink, a bite to eat, and live music at the Boat House Bar and Grill off of Clear Lake. Rentals are very affordable in this suburb, and public schools are highly-ranked, including Hartley Elementary near Clear Lake Park.

Demographics

Median Household Income

$62,568

Average: $79,080

Education

1,436

Residents Have a Degree

Job Market

4,510

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

35-44 Years

Approximately 14% of Residents

Under 20

25%

Over 65

18%

Housing Distribution

Waseca has more homeowners than renters.

Renters
31%
Non-Renters
69%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
13%
Other Education
87%

Rent Trends

As of May 2026, the average apartment rent in Waseca, MN is $615 for one bedroom, $856 for two bedrooms, and $1,217 for three bedrooms. Apartment rent in Waseca has increased by 0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$615/month
681 Sq Ft
See Rental Market Trends in Waseca, MN

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Waseca Intermediate Elementary School

Public

Grades K-5

359 Students

Hartley Elementary

Public

Grades PK-5

449 Students

Hartley Elementary School

Public

Grades PK-5

449 Students

Team Academy

Public

Grades K-5

102 Students

Waseca Junior High School

Public

Grades 6-8

259 Students

Waseca Junior High

Public

Grades 6-8

259 Students

Waseca Middle Level Alc

Public

Grades 6-8

4 Students

Waseca Senior High

Public

Grades 9-12

607 Students

Waseca Senior High School

Public

Grades 9-12

607 Students

Points of Interest

Shopping Centers

Parks and Recreation

  • Farmamerica
  • Sakatah State Park

Top Apartments in Waseca

Houses for Rent in Waseca

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.