Last updated on July 9, 2026

Average rent in
Waconia, MN

Median rent

Median rent in Waconia

$1,913/mo

decreased by13%

vs previous year

The average rent in Waconia is $1,913 per month as of July 2026. This is 2% below the national average rent, or $37 less per month.

$1.52

average price per square foot

Total rentals

Available rentals in Waconia

14

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Waconia rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Waconia, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Waconia, MN

Average rent prices in Waconia have decreased by 3% over the last month and have decreased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Waconia, MN

Rent prices in Waconia vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waconia is $1,692, whereas a house costs $2,887. 1-bedroom apartments in Waconia run $1,467 on average, while 2-bedroom apartments are $2,060.

Listings

Studio

$995

6%

-

1 bedroom

$1,422

2%

45%

2 bedroom

$1,749

3%

-

3 bedroom

$2,775

7%

50%

4 bedroom

$3,902

1%

106%

Studio

Average rent

$995

Last 30 days

6%

1 bedroom

Average rent

$1,422

Last 30 days

2%

Last year

45%

2 bedroom

Average rent

$1,749

Last 30 days

3%

3 bedroom

Average rent

$2,775

Last 30 days

7%

Last year

50%

4 bedroom

Average rent

$3,902

Last 30 days

1%

Last year

106%

The table above reflects average rent prices in Waconia, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Waconia, MN compare to other cities?

Compare median rent prices in Waconia and Carver by all bedroom counts and property types.

Waconia

Median rent price$1,913
decreased by2%

lower than the national median

Median rent price$2,395
increased by23%

higher than the national median

Takeaway

The median rent for all rentals in Waconia, MN is 20% lower than the median rent in Carver, MN.

Discover rentals in Waconia, MN

412 W Main St - Photo 1 of 1

5d+ ago

House for rent in Waconia

1 BR for Rent in a Single-Family Waconia Home

412 W Main St, Waconia, MN 55387

1 bed

1 bath

$800

House for rent

Available Jul 1

Fairhill Apartments - Photo 1 of 1

2d ago

7.5

Very good

Fairhill Apartments

140 W 3rd St, Waconia, MN 55387

2 beds

1 bath

$1,195

Apartment for rent

333 W 2nd St #1 - Photo 1 of 1

5d+ ago

Condo for rent in Waconia

2 beds

1 bath

$1,495

$1,250

Price drop

Condo for rent

Available Jul 1

600 E 1st St #600 - Photo 1 of 1

5d+ ago

Apartment for rent in Waconia

1st 600/602 - 600

600 E 1st St #600, Waconia, MN 55387

2 beds

1 bath

$1,595

Apartment for rent

Available Jul 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Waconia, MN

Quick answers to common questions about the Waconia rental market.

How much is rent in Waconia?

The average rent in Waconia is $1,913 per month as of July 4, 2026.

Is rent up or down in Waconia?

Average rent prices in Waconia have decreased by 3% over the last month and have decreased by 13% since last year.

How does Waconia rent compare to the national average?

Rent in Waconia is 2% below the national average, which means renters are paying approximately $37 less per month.

What salary do I need to afford rent in Waconia?

To comfortably afford rent in Waconia, you'd need to earn approximately $77,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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