Floor plans

1A1ott	1 bed	1 bath	726 sqft	$1,448 /mo	1 unit available
1Fott	1 bed	1 bath	755 sqft	$1,472 /mo	1 unit available
2Fott	2 bed	2 bath	1,069 sqft	$1,884 /mo	1 unit available

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Amenities for The Otto

Building

Cats OK

Dogs OK

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed
Limit	1

Cat policy

Allowed
Limit	1

Building details

Property details

Units	163

About The Otto

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Apartments in Waconia

The Otto

Drawing inspiration from the surrounding community and environment, The Otto is an inviting apartment building featuring an elevated level of design so you feel right at home. With thoughtfully curated interiors and modern amenity spaces, The Otto provides an ideal suburban community in a park-like setting. You'll have access to beautiful outdoor spaces, while surrounded by exceptional dining, wineries, entertainment, and next-level healthcare. Living at The Otto provides an opportunity to experience upscale living and an exceptional level of convenience. We invite you to stay awhile.

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Rent trends in Waconia

1-bedroom apartments here are priced 38% higher than 1-bedrooms in Waconia.

If you decide to upgrade your space, you can expect 2-bedrooms at The Otto to be 18% more than the average for similarly sized apartments in Waconia.

Median rents as of Aug 9 2025.

Waconia

A table of 1-bedroom apartment rental data trends in Waconia
Month	Median Rent
October 2023	$925
November 2023	$925
December 2023	$1,250
February 2024	$900
March 2024	$960
April 2024	$972
May 2024	$1,028
June 2024	$1,075
August 2024	$1,005
January 2025	$1,493
February 2025	$1,080
March 2025	$1,031
August 2025	$1,055

Affordability calculator

Can I afford to live at 601 Industrial Blvd W?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$58,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $58,400 annually to afford this 1-bedroom median monthly rent price of $1,460.

For more information on rent affordability, visit our rent calculator.

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