What is the median rent in Waseca, MN?

The median gross rent in Waseca, MN is $903 (±$94) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 971 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Waseca, the median gross rent went from $654 in 2015–2019 to $903 in 2020–2024 (+38.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$903 (±$94)
Rented homes
971 (±167)
$2,000 or more
3.0%
Since 2015–2019
+38.1%

How much rent costs in Waseca

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentWasecaWaseca CountyMinnesotaUnited States
Less than $50022.1% (±9.5 points)18.8%8.4%6.3%
$500 to $99947.3% (±10.4 points)49.0%21.5%20.2%
$1,000 to $1,49926.4% (±9.6 points)27.6%33.6%28.1%
$1,500 to $1,9991.1% (±1.6 points)2.2%21.4%21.1%
$2,000 to $2,4991.0% (±1.5 points)0.7%9.2%12.0%
$2,500 to $2,9991.1% (±1.8 points)0.8%3.0%5.5%
$3,000 or more0.9% (±2.1 points)0.8%3.0%6.8%

The most common range is $500 to $999, paid by 47.3% of renting households.

3.0% of rented homes in Waseca cost $2,000 or more a month.

Waseca against Waseca County, its state and the nation

Estimate (90% margin of error)
WasecaWaseca CountyMinnesotaUnited States
Median gross rent$903 (±$94)$883 (±$66)$1,280 (±$7)$1,413
Rented homes paying rent971 (±167)1,337 (±195)614,257 (±4,397)42,849,984

In Waseca, median gross rent is not measurably different from Waseca County ($883).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Waseca County, Waseca ranks 3 of 8 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 791 of 1,347.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Waseca has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$654 (±$100)$903 (±$94)+38.1%No measurable change after inflation
Households that rent32.3% (±4.7 points)28.1% (±4.7 points)−4.2 percentage pointsNot a measurable change
Rental vacancy rate5.3% (±4.4 points)2.9% (±4.7 points)−2.4 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Waseca

Nearest places with a published estimate, compared with Waseca
PlaceDistanceMedian gross rentCompared with this place
Waseca—$903 (±$94)—
Woodville Township2.6 mi$886 (±$315)Not measurably different
Blooming Grove Township5.9 mi$1,417 (±$141)Higher
Otisco Township7.2 mi$1,500 (±$245)Higher
Wilton Township8.3 mi$833 (±$288)Not measurably different
Waterville10 mi$884 (±$69)Not measurably different
Morristown10 mi$1,018 (±$511)Not measurably different
Janesville11 mi$873 (±$64)Not measurably different
Lemond Township11 mi$1,375 (±$847)Not measurably different

Nearby places with a measurably higher figure: Blooming Grove Township, MN ($1,417), Otisco Township, MN ($1,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Waseca County, place by place

RankPlaceMedian gross rent
1Otisco Township$1,500 (±$245)
2Blooming Grove Township$1,417 (±$141)
3Waseca$903 (±$94)
4Woodville Township$886 (±$315)
5Janesville$873 (±$64)
6Wilton Township$833 (±$288)
7Byron Township (Waseca County)$795 (±$57)
8New Richland$585 (±$150)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Waseca

What is the average rent in Waseca, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Waseca is $903 (±$94) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Waseca?

In Waseca, the median gross rent went from $654 in 2015–2019 to $903 in 2020–2024 (+38.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Waseca cost more than $2,000 a month?

3.0% of rented homes in Waseca have a gross rent of $2,000 or more a month, and 22.1% cost less than $500.

Is rent in Waseca higher than in Waseca County?

In Waseca, median gross rent is not measurably different from Waseca County ($883).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Waseca city, Minnesota (place:68296, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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