Homes for Rent in Waseca, MN

1 of 1 rentals
Viewing 1 of 1 rentals in Waseca
What to Know About

Life in Waseca & Beyond

Waseca shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Waseca, MN

As of August 2025, Waseca's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Waseca's average rent is 41.2% ($616) lower than the Minnesota average of $1,496 and 50.8% ($910) lower than the U.S. average of $1,790.

Average Rent
$880
Monthly ChangeMonth Over Month Change
Increased23.2% ($166)
Yearly ChangeYear Over Year Change
Increased31% ($208)
Avg. Days on MarketAverage Days on Market
45
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $692 Decreased1% ($7) Increased3.7% ($25)
2 Beds $901 Increased1.7% ($15) Increased9.9% ($81)
3 Beds $1,101 Increased2.6% ($28) Increased15.7% ($149)
Nearby Cities Average Rent Avg. Rent vs. WasecaAverage Rent vs. Waseca Avg. Days on MarketAverage Days on Market
Owatonna $1,340 Increased52.3% ($460) 42 days
Faribault $1,514 Increased72% ($634) 47 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waseca Rental Market FAQs

Explore rental prices, market trends, and availability in Waseca, MN.

The average rent in Waseca, MN is $880 per month.
Homes in Waseca typically rent for between $600 and $1,431 per month, with an average of $880 per month.
In Waseca, the average rent for a 1-bedroom home is $692 per month, for a 2-bedroom home, $901 per month, and a 3-bedroom home is $1,101 per month.
The average rent in Waseca is 50.8% ($910) lower than the national average of $1,790 per month.
The average rent in Waseca has increased by 23.2% ($166) in the last month and increased by 31.0% ($208) over the past year.
The rental market in Waseca, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Waseca, MN, the average rental stays on the market for approximately 45 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Waseca, MN.
Based on the current averages, a household would need an annual income of $36,040 to comfortably afford a 2-bedroom home in Waseca.
What's New on the Blog

Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.

List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.