2-Bedroom Apartment Rent in Waseca, MN
Median asking rent for a 2-bedroom apartment in Waseca, Minnesota as of March 2026. That's +10% higher than the citywide median of $990 and +34% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Waseca
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Waseca
Compare Waseca's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Minnesota
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Albert Lea | $930 |
| 2 | Winona | $950 |
| 3 | Moorhead | $1,040 |
| 4 | Owatonna | $1,040 |
| 5 | Austin | $1,050 |
| 6 | Bemidji | $1,090 |
| 7 | Waseca (this page) | $1,090 |
| 8 | Waite Park | $1,200 |
| 9 | Duluth | $1,236 |
| 10 | Mankato | $1,250 |
| 11 | Saint Cloud | $1,273 |
| 12 | Victoria | $1,273 |
| 13 | Rochester | $1,368 |
| 14 | Anoka | $1,401 |
| 15 | Northfield | $1,460 |
Most expensive cities for a 2-bedroom in Minnesota
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $2,280 |
| 2 | Maple Grove | $2,205 |
| 3 | Eden Prairie | $2,170 |
| 4 | Lakeville | $2,140 |
| 5 | Cottage Grove | $2,130 |
| 6 | Edina | $2,100 |
| 7 | Blaine | $2,085 |
| 8 | Brooklyn Park | $2,065 |
| 9 | Plymouth | $2,063 |
| 10 | Savage | $2,030 |
| 11 | Rosemount | $2,030 |
| 12 | Minnetonka | $2,000 |
| 13 | Wayzata | $1,924 |
| 14 | Saint Louis Park | $1,910 |
| 15 | Apple Valley | $1,910 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Waseca.
| City | Distance | 2-Bedroom rent | vs Waseca |
|---|---|---|---|
| Owatonna, MN | 20.4 mi | $1,040 | $-50 (-5%) |
| Albert Lea, MN | 30.6 mi | $930 | $-160 (-15%) |
| Mankato, MN | 32.1 mi | $1,250 | +$160 (+15%) |
| Northfield, MN | 37 mi | $1,460 | +$370 (+34%) |
| Lakeville, MN | 43.6 mi | $2,140 | +$1,050 (+96%) |
| Prior Lake, MN | 43.7 mi | $1,710 | +$620 (+57%) |
| Austin, MN | 44.9 mi | $1,050 | $-40 (-4%) |
| Shakopee, MN | 48 mi | $1,810 | +$720 (+66%) |
| Savage, MN | 49.3 mi | $2,030 | +$940 (+86%) |
| Burnsville, MN | 50.8 mi | $1,835 | +$745 (+68%) |
| Apple Valley, MN | 52.1 mi | $1,910 | +$820 (+75%) |
| Chaska, MN | 52.5 mi | $1,710 | +$620 (+57%) |
2-Bedroom rent in Waseca — common questions
How much is a 2-bedroom apartment in Waseca?
As of March 2026, the median 2-bedroom apartment rent in Waseca, Minnesota is $1,090 per month. This is +10% higher than the citywide median of $990.
What income do you need to afford a 2-bedroom in Waseca?
Using the standard 30% rent-to-income rule, you would need an annual income of about $43,600 ($3,633/month gross), which works out to roughly $20.96/hour at a full-time job.
Is Waseca expensive for a 2-bedroom compared to the rest of the US?
Waseca's 2-bedroom median of $1,090 is +34% below the national 2-bedroom median of $1,655. It ranks in the 12th percentile of US cities tracked.
How does Waseca rank for 2-bedroom rent in Minnesota?
Among the 68 cities in Minnesota with 2-bedroom data, Waseca ranks #7 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Waseca?
Yes — nearby cities with cheaper 2-bedroom rents include Owatonna ($1,040), Albert Lea ($930), Austin ($1,050).