Last updated on October 8, 2026

Average rent in
Waconia, MN

Median rent

Median rent in Waconia

$2,140/mo

increased by16%

vs previous year

The average rent in Waconia is $2,140 per month as of October 2026. This is 13% above the national average rent, or $240 more per month.

$1.58

average price per square foot

Total rentals

Available rentals in Waconia

16

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Waconia rentals at each price point

85%64%43%21%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Waconia, MN

Average rent prices in Waconia have increased by 7% over the last month and have increased by 16% 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 $1,797, whereas a house costs $2,445. 1-bedroom apartments in Waconia run $1,600 on average, while 2-bedroom apartments are $2,231.

Listings

Studio

$1,645

6%

1%

1 bedroom

$1,290

3%

6%

2 bedroom

$1,895

6%

No Change

3 bedroom

$2,455

1%

21%

4 bedroom

$2,995

1%

42%

Studio

Average rent

$1,645

Last 30 days

6%

Last year

1%

1 bedroom

Average rent

$1,290

Last 30 days

3%

Last year

6%

2 bedroom

Average rent

$1,895

Last 30 days

6%

Last year

No Change

3 bedroom

Average rent

$2,455

Last 30 days

1%

Last year

21%

4 bedroom

Average rent

$2,995

Last 30 days

1%

Last year

42%

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$2,140
increased by13%

higher than the national median

Median rent price$1,522
decreased by20%

lower than the national median

Takeaway

The median rent for all rentals in Waconia, MN is 41% higher than the median rent in Carver, MN.

Discover rentals in Waconia, MN

Elm Apartments - Photo 1 of 1

1d ago

8.3

Very good

Elm Apartments

245 S Elm St, Waconia, MN 55387

2 beds

1 bath

$1,195

214 Huntington Dr - Photo 1 of 1

5d+ ago

House for rent in Waconia

1579 Serenity Ln - Photo 1 of 1

5d+ ago

Townhouse for rent in Waconia

3 beds

2 baths

$2,195

1415 Peitz Ave - Photo 1 of 1

5d+ ago

Townhouse for rent in Waconia

4 Bedroom Twinhome w/Over 2000 Sq Ft in Waconia

1415 Peitz Ave, Waconia, MN 55387

4 beds

2 baths

$2,495

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 $2,140 per month as of October 3, 2026.

Is rent up or down in Waconia?

Average rent prices in Waconia have increased by 7% over the last month and have increased by 16% since last year.

How does Waconia rent compare to the national average?

Rent in Waconia is 13% above the national average, which means renters are paying approximately $240 more per month.

What salary do I need to afford rent in Waconia?

To comfortably afford rent in Waconia, you'd need to earn approximately $86,000/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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