• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Bloomington Apartments For Rent
    • Burnsville Apartments For Rent
    • Eden Prairie Apartments For Rent
    • Edina Apartments For Rent
    • Maple Grove Apartments For Rent
    • Maplewood Apartments For Rent
    • Minneapolis Apartments For Rent
    • Minnetonka Apartments For Rent
    • Roseville Apartments For Rent
    • Saint Cloud Apartments For Rent
  • Houses For Rent
    • Blaine Houses For Rent
    • Brooklyn Park Houses For Rent
    • Burnsville Houses For Rent
    • Coon Rapids Houses For Rent
    • Eden Prairie Houses For Rent
    • Edina Houses For Rent
    • Hassan Houses For Rent
    • Maple Grove Houses For Rent
    • Minneapolis Houses For Rent
    • Minnetonka Houses For Rent
  • Condos For Rent
    • Bloomington Condos For Rent
    • Crystal Condos For Rent
    • Eden Prairie Condos For Rent
    • Edina Condos For Rent
    • Golden Valley Condos For Rent
    • Maple Grove Condos For Rent
    • Menomonie Condos For Rent
    • Minneapolis Condos For Rent
    • Minnetonka Condos For Rent
    • Paynesville Condos For Rent
  • Townhomes For Rent
    • Blaine Townhomes For Rent
    • Eden Prairie Townhomes For Rent
    • Hassan Townhomes For Rent
    • Lake Elmo Townhomes For Rent
    • Lakeville Townhomes For Rent
    • Maple Grove Townhomes For Rent
    • Minneapolis Townhomes For Rent
    • New Richmond Townhomes For Rent
    • Oakdale Townhomes For Rent
    • Plymouth Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Waseca, MN

What is the average rent in Waseca, MN?

$613/month

Average Rent

681 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of December 2025, the average rent in Waseca, MN is $613 per month. This is 62% lower than the national average rent of $1,632/month, making renting in Waseca more affordable than most cities in the US. When you rent an apartment in Waseca, you can expect to pay about per month for a studio, $613 for a one-bedroom apartment, and around $854 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,275 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$613/month
681 Sq Ft
Two Bedroom
$854/month
859 Sq Ft
Three Bedroom
$1,275/month
1,186 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Waseca, MN?

In the past year, rent has increased by 0.9%, which averages out to $6 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Waseca, MN
Last Updated December 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Waseca, MN
Percentage*
Rent Range
50% Below $700/month
25% $700 - $1,000/month
25% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Waseca, MN?

Because the average rent in Waseca is $613, you’ll want to make about $2,043 per month or $24,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Waseca, MN

1 Available Apartments for Rent

Search for Nearby Apartments

How does Waseca, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Waseca, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Waseca, MN

Apartment Averages

Nearby City Rent Trends

  • Owatonna Average Rent
  • Faribault Average Rent

Apartment communities in Waseca we think you'll love

913 2nd St SE

913 2nd St SE

913 2nd St SE,
Waseca, MN 56093

$1,200 Total Monthly Price

2 Beds | 6 Month Lease

Trails Edge Apartments LLC

Trails Edge Apartments LLC

715 Central Ave,
Faribault, MN 55021

$950 - $1,650 Plus Fees

1-3 Beds

Coopers Court

Coopers Court

614 W Bridge St,
Owatonna, MN 55060

$1,305 Plus Fees

1-3 Beds | 12 Month Lease

Riverchase Apartments

Riverchase Apartments

110 Riverchase Ct,
Faribault, MN 55021

$1,200 - $1,560 Plus Fees

1-2 Beds

Learn More with Helpful Articles

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Minnesota Waseca Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity