3

Waconia, MN Houses for Rent

Section Image
  • /20

    $2,815

    Total Monthly Price

    • 5 Beds
    • 3.5 Baths
    • 2,544 Sq Ft
    • House for Rent

    1311 Creekside Dr, Waconia, MN 55387

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2814.95. That covers your base rent, $2765.00 + our required services designed to make your life easier: Smart Home with video doorbell $40 and

    1311 Creekside Dr, Waconia, MN 55387
  • /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
  • /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

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 September 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 $97,800 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 $2,445 per month in Waconia, MN, renters typically need to show $7,335 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 16.2, 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

Number of Houses for Rent
3
Median Single Family Home Rent
$2,495
Median 3 Bedroom Single Family Home Rent
$2,998
Median 4 Bedroom Single Family Home Rent
$2,745
Median 5 Bedroom Single Family Home Rent
$2,765
How to Rent a Home