Last updated on August 23, 2026

Average rent in
Waconia, MN

Median rent

Median rent in Waconia

$1,904/mo

increased by19%

vs previous year

The average rent in Waconia is $1,904 per month as of August 2026. This is 1% below the national average rent, or $20 less per month.

$1.66

average price per square foot

Total rentals

Available rentals in Waconia

10

for rent on Zumper.com as of August 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

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 increased by 2% over the last month and have increased by 19% 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 $1,662, whereas a house costs $2,700. 1-bedroom apartments in Waconia run $1,575 on average, while 2-bedroom apartments are $1,950.

Listings

Studio

$1,200

6%

-

1 bedroom

$1,625

5%

203%

2 bedroom

$1,824

2%

9%

3 bedroom

$2,537

1%

13%

4 bedroom

$3,495

3%

65%

Studio

Average rent

$1,200

Last 30 days

6%

1 bedroom

Average rent

$1,625

Last 30 days

5%

Last year

203%

2 bedroom

Average rent

$1,824

Last 30 days

2%

Last year

9%

3 bedroom

Average rent

$2,537

Last 30 days

1%

Last year

13%

4 bedroom

Average rent

$3,495

Last 30 days

3%

Last year

65%

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$1,904
decreased by1%

lower than the national median

Median rent price$1,830
decreased by5%

lower than the national median

Takeaway

The median rent for all rentals in Waconia, MN is 4% higher than the median rent in Carver, MN.

Discover rentals in Waconia, MN

Fairhill Apartments - Photo 1 of 1

5d+ ago

7.5

Very good

Fairhill Apartments

140 W 3rd St, Waconia, MN 55387

2 beds

1 bath

$1,195

Apartment for rent

Peitz Ave - Photo 1 of 1

23h ago

Townhouse for rent in Waconia

2 Bedroom Twinhome

Peitz Ave, Waconia, MN 55387

2 beds

1 bath

$1,495

$1,395

Price drop

House for rent

Available Sep 1

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

House for rent

Available Aug 1

1311 Creekside Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

1311 Creekside Dr Waconia, MN 55387

1311 Creekside Dr, Waconia, MN 55387

5 beds

3.5 baths

$2,895

House for rent

Available Aug 17

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 $1,904 per month as of August 22, 2026.

Is rent up or down in Waconia?

Average rent prices in Waconia have increased by 2% over the last month and have increased by 19% since last year.

How does Waconia rent compare to the national average?

Rent in Waconia is 1% below the national average, which means renters are paying approximately $20 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 $76,000/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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