Average Rent in Waconia, MN and Rent Price Trends

Rent trends in Waconia, MN

Average rent prices in Waconia have decreased by 3% over the last month and have decreased by 23% 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 $1,701, whereas a house costs $2,695. 1-bedroom apartments in Waconia run $1,425 on average, while 2-bedroom apartments are $1,804.


Studio	$995	6%	11%
1 bedroom	$1,425	No Change	-
2 bedroom	$1,799	1%	99%
3 bedroom	$2,595	11%	28%
4 bedroom	$4,107	No Change	100%


Apartments	$1,701	No Change	No Change
Condos	$1,495	9%	-
Houses	$2,695	4%	No Change
Rooms	$1,150	-	-

Studio

Average rent

$995

Last 30 days

Last year

11%

1 bedroom

Average rent

$1,425

Last 30 days

No Change

2 bedroom

Average rent

$1,799

Last 30 days

Last year

99%

3 bedroom

Average rent

$2,595

Last 30 days

11%

Last year

28%

4 bedroom

Average rent

$4,107

Last year

100%

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$1,799

lower than the national median

Median rent price$1,942

Equal to the the national median

Takeaway

The median rent for all rentals in Waconia, MN is 7% lower than the median rent in Carver, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,942

$1,637

$1,295

$1,622

$1,745

$1,675

$1,825

$1,460

Norwood Young America

$1,425

$2,200

$2,145

$1,630

Discover rentals in Waconia, MN

5d+ ago

8.2

Very good

Fairhill Apartments

140 W 3rd St, Waconia, MN 55387

2 beds

1 bath

$1,195

Apartment for rent

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

House for rent

Available Jul 1

Stay up to date with rental market insights

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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 $1,799 per month as of May 23, 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 23% since last year.

How does Waconia rent compare to the national average?

Rent in Waconia is 8% below the national average, which means renters are paying approximately $151 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 $72,000/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).