Studio Rent · March 2026

Studio Apartment Rent in Waseca, MN

$830/mo

Median asking rent for a studio apartment in Waseca, Minnesota as of March 2026. That's +16% lower than the citywide median of $990 and +36% below the national studio median of $1,290.

Studio median
$830
March 2026
vs city overall
-16%
$990 city median
vs national
-36%
$1,290 US median
Minnesota rank
#7
of 66 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$33,200
Monthly gross
$2,767
Hourly (full-time)
$15.96

Rent by apartment size in Waseca

Compare Waseca's median rent across every apartment size.

Studio (current)
$830
1-Bedroom
$830
2-Bedroom
$1,090
3-Bedroom
$1,480
4+ Bedroom
$1,740

Cheapest cities for a studio in Minnesota

#CityStudio rent
1Albert Lea$640
2Winona$700
3Moorhead$710
4Austin$720
5Owatonna$730
6Bemidji$800
7Waseca (this page)$830
8Duluth$848
9Waite Park$890
10Saint Cloud$940
11Rochester$1,010
12Mankato$1,030
13Anoka$1,050
14Buffalo$1,060
15Northfield$1,060

Most expensive cities for a studio in Minnesota

#CityStudio rent
1Woodbury$1,650
2Maple Grove$1,600
3Eden Prairie$1,570
4Lakeville$1,550
5Cottage Grove$1,540
6Edina$1,520
7Blaine$1,510
8Plymouth$1,495
9Brooklyn Park$1,495
10Savage$1,470
11Rosemount$1,470
12Minnetonka$1,450
13Robbinsdale$1,427
14Saint Louis Park$1,385
15Vadnais Heights$1,380

Nearby cities — studio rent

Considering nearby alternatives? 3 of these cities have cheaper studio rents than Waseca.

CityDistanceStudio rentvs Waseca
Owatonna, MN20.4 mi$730$-100 (-12%)
Albert Lea, MN30.6 mi$640$-190 (-23%)
Mankato, MN32.1 mi$1,030+$200 (+24%)
Northfield, MN37 mi$1,060+$230 (+28%)
Lakeville, MN43.6 mi$1,550+$720 (+87%)
Prior Lake, MN43.7 mi$1,240+$410 (+49%)
Austin, MN44.9 mi$720$-110 (-13%)
Shakopee, MN48 mi$1,310+$480 (+58%)
Savage, MN49.3 mi$1,470+$640 (+77%)
Burnsville, MN50.8 mi$1,330+$500 (+60%)
Apple Valley, MN52.1 mi$1,380+$550 (+66%)
Chaska, MN52.5 mi$1,240+$410 (+49%)

Studio rent in Waseca — common questions

How much is a studio apartment in Waseca?

As of March 2026, the median studio apartment rent in Waseca, Minnesota is $830 per month. This is +16% below the citywide median of $990.

What income do you need to afford a studio in Waseca?

Using the standard 30% rent-to-income rule, you would need an annual income of about $33,200 ($2,767/month gross), which works out to roughly $15.96/hour at a full-time job.

Is Waseca expensive for a studio compared to the rest of the US?

Waseca's studio median of $830 is +36% below the national studio median of $1,290. It ranks in the 13th percentile of US cities tracked.

How does Waseca rank for studio rent in Minnesota?

Among the 66 cities in Minnesota with studio data, Waseca ranks #7 from cheapest to most expensive.

Are there cheaper studio options near Waseca?

Yes — nearby cities with cheaper studio rents include Owatonna ($730), Albert Lea ($640), Austin ($720).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Waseca, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (March 2026) and exclude cities with median rent below $400 or above $20,000.