Rentometer, Inc. | Data as of 10/22/2025
Waconia, Minnesota offers a vibrant rental market that balances small‑town charm with convenient access to the Twin Cities. Prospective renters will find a mix of well‑maintained single‑family homes and a variety of apartment communities, many of which are situated near the scenic Lake Waconia and the historic downtown district. The city’s extensive park system, recreational trails, and proximity to the lake make it especially appealing for outdoor enthusiasts, families, and professionals seeking a relaxed yet active lifestyle.
Apartment options in Waconia cater to a range of needs, from cozy one‑bedroom units to spacious two‑bedroom layouts. Renters can expect one‑bedroom apartments to fall in the $1500s, while two‑bedroom units typically approach the $1900 mark, reflecting the city’s affordable yet quality‑focused housing market. In addition to apartments, the limited availability of single‑family houses provides an alternative for those desiring more private space, often located in quiet neighborhoods such as The Lakeside community or near the popular Waconia Golf Club.
The city’s strong sense of community is highlighted by local events, farmer’s markets, and a growing dining scene that includes both classic Midwest eateries and contemporary bistros. With excellent schools, convenient shopping, and easy commutes to major employment hubs, Waconia presents a well‑rounded rental environment for individuals and families alike, making it a top choice for anyone looking to settle in a welcoming Minnesota city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,590 | $1,555 | $1,426 - $2,018 | $1,464 - $1,606 |
| Apartment | 2 Bedroom | $1,830 | $1,899 | $995 - $2,476 | $1,450 - $2,286 |
In the current period, the average rent in Waconia was
$1,590 for 1 Bedroom, and
$1,830 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.