Waconia, MN Houses for Rent

/32
$1,350

Total Monthly Price
- 2 Beds
- 1 Bath
- 700 Sq Ft
- House for Rent
340 S Olive St Unit 340.5, Waconia, MN 55387

LOCATION LOCATION LOCATION! Upper unit of a duplex available in downtown Waconia. Walking distance to multiple restaurants, shops, a movie theater, hospital, and beautiful Lake Waconia. Updated 2 bed/1bath with large closets, eat-in kitchen with quartz counter tops and stainless steel appliances, hardwood floors. Extra storage space and laundry located in the basement (shared w/ main level unit).

340 S Olive St Unit 340.5, Waconia, MN 55387
Explore Waconia
/8
$2,495 Per Month
- 4 Beds
- 2 Baths
- 1,808 Sq Ft
- House for Rent
265 S Orange St, Waconia, MN 55387

Fantastic 4-bedroom rental in a prime Waconia location! Situated on a peaceful street just minutes from Lake Waconia, parks, schools, shops, and restaurants, this well-maintained home offers both comfort and convenience. Recent updates include fresh interior paint and brand-new flooring, creating a bright and welcoming space ready for you to move in. Enjoy the charm of a quiet neighborhood while

Jeffrey Schulz RE/MAX Advantage Plus

265 S Orange St, Waconia, MN 55387
/21
$3,500 Per Month
- 3 Beds
- 2.5 Baths
- 2,624 Sq Ft
- House for Rent
171 Maple Terrace, Waconia, MN 55387

Enter this RECENTLY BUILT, simply gorgeous 3 BR 3BA Home from the large pillared front porch to finding stylish LVP flooring leading to an enormous chef's kitchen boasting massive granite countertops and high-end appliances, all overlooking the large family room featuring a beautiful fireplace. The elegant staircase will take you to the upper level where you will find a large loft along with two

Barry Libengood Coldwell Banker Realty - Southwest Regional

171 Maple Terrace, Waconia, MN 55387
/17
$2,395 Per Month
- 2 Beds
- 1 Bath
- 1,444 Sq Ft
- House for Rent
500 E 1st St, Waconia, MN 55387

Charming move-in ready home, steps from Lake Waconia!

Jeffrey Schulz RE/MAX Advantage Plus

500 E 1st St, Waconia, MN 55387

Minnesota Carver County

Frequently Asked Questions

How much does it cost to rent a single-family home in Waconia, MN?

The median rent for a single-family home in Waconia, MN is $2,495 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.

How much do you need to make to afford rent in Waconia, MN?

To comfortably afford the median rent in Waconia, MN, a household needs to earn roughly $99,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,495 per month in Waconia, MN, renters typically need to show $7,485 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Waconia, MN?

In Waconia, MN, the price-to-rent ratio is 16.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Waconia, MN

There are currently 4 single-family homes available for rent in Waconia, MN. The median rent is $2,495 per month, with 3-bedroom houses renting at $2,998, 4-bedroom houses at $2,650 and 5-bedroom houses at $2,895.

Rental Home Trends

Number of Houses for Rent 4	Median Single Family Home Rent $2,495
Median 3 Bedroom Single Family Home Rent $2,998	Median 4 Bedroom Single Family Home Rent $2,650
Median 5 Bedroom Single Family Home Rent $2,895

How to Rent a Home

Houses for Rent by Price in Waconia

Waconia Houses for Rent under $2,500

Rentals in Waconia

Houses for Rent by Bedrooms in Waconia

More About Living in Waconia

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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