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ZIP Code · MN

ZIP 56093

Part of Waseca, MN
Pop. 12,672·Waseca County·125th most expensive ZIP in Minnesota
Median rent (all units)
$1,060/mo
Year-over-Year
-2.8%
Month-over-Month
-2.8%
vs US Median
-$905
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 56093 · $1,060
More affordable than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$810
2 BR
$1,060
3 BR
$1,410
4 BR+
$1,750
Research median
$1,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: April 19, 2026

Annual cost
$12,720/yr
At $1,060/mo median
Location
CityWaseca
StateMN
CountyWaseca County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.8% YoY, -2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 56093 (Waseca, MN) is majority owner-occupied, 19.6% of residents hold a bachelor's degree or higher.

Population
12,672
Median income
$73,038
Median age
39.7
Renters
22.5%
Age distribution
23.7%
19.6%
27.5%
17.5%
Under 1823.7%
18–3419.6%
35–5427.5%
55–6411.7%
65+17.5%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
90.6%
White90.6%
Black1.3%
Hispanic8.7%
Asian2.4%
Education (25+)
36.4%
36.8%
19.6%
No HS diploma7.2%
HS diploma36.4%
Some college36.8%
Bachelor's+19.6%
Housing tenure
77.5%
22.5%
Owner77.5%
Renter22.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 56093 in Waseca, MN has changed in 5 years

Income
$66,125 → $73,038
up 10.5%
Population
12,740 → 12,672
down 0.5%
Renter share
21.6% → 22.5%
+0.9 pts
Bachelor's+
21.5% → 19.6%
-1.9 pts

Census figures show median household income at $73,038 today, compared with $66,125 five years earlier.

Community

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Local insights

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About renting in ZIP 56093

Last updated: April 19, 2026

ZIP code 56093 covers Waseca, MN. The median rent here is $1,060/mo as of April 2026. A 1-bedroom rents for a median of $810/mo. A 2-bedroom rents for a median of $1,060/mo.

At 17% of local median household income ($73,038/yr), ZIP 56093 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 56093?

As of April 19, 2026, the median monthly rent in ZIP 56093 (Waseca, MN) is $1,060. This is based on aggregated data from public sources and community submissions.

How does ZIP 56093 rent compare to the US average?

ZIP 56093's median rent of $1,060/mo is $905 (46%) below the US national median of $1,965/mo.

How does ZIP 56093 compare to other ZIPs in Minnesota?

ZIP 56093 is among the more affordable ZIP codes in Minnesota, ranking #125 out of 127 ZIPs at $1,060/mo.

How much income do you need to rent in ZIP 56093?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (~$20/hour full-time) to afford the median rent of $1,060/mo in ZIP 56093. The local median household income is $73,038/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 56093?

Rent in ZIP 56093 has decreased 2.8% over the past year as of April 19, 2026, offering some relief compared to 12 months ago.

Is ZIP 56093 an affordable place to rent?

ZIP 56093 is considered very affordable for renters. At $1,060/mo, rent takes approximately 17% of the local median household income ($73,038/yr). The standard benchmark is 30%. ZIP 56093 falls comfortably within that range.

What percentage of ZIP 56093 residents rent vs. own?

According to Census data, approximately 22.5% of ZIP 56093 households are renters, while 77.5% are owner-occupied. ZIP 56093 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 56093 compare to the rest of Waseca?

ZIP 56093 is pricier than Waseca as a whole. At $1,060/mo, it's $70 above the Waseca citywide median of $990/mo.

When was rent data for ZIP 56093 last updated?

Rent data for ZIP 56093 reflects April 19, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,060/mo, rent takes ~17% of ZIP 56093's median household income ($73,038/yr). The standard benchmark is 30%.

ZIP 56093 17%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

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