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Home / Minneapolis Area Apartments / Waconia / The Otto
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Updated 3 hours ago

The Otto


601 Industrial Blvd W Waconia, MN

1 - 3 Bed
•
1 - 2 Bath

726 - 1,354 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,343 - $1,395
556 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 129
$1,395
Rented
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Unit 429
$1,352
Rented
View
Unit 316
$1,343
Rented
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Studio • 1 Bath
$1,325
675 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 435
$1,325
Rented
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1 Bed • 1 Bath
$1,415 - $1,419
755 ft2
2 Available
Managed By: Reacor, Ltd.
Unit 345
$1,415
Available Now
View
Unit 445
$1,419
Available Apr 1st, 2026
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View Rented Units
1 Bed • 1 Bath
$1,338 - $1,391
726 ft2
4 Available
Managed By: Reacor, Ltd.
Unit 214
$1,378
Available May 6th, 2026
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Unit 141
$1,338
Available May 11th, 2026
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Unit 217
$1,374
Available Jun 5th, 2026
View
Unit 244
$1,391
Available Jun 5th, 2026
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2 Beds • 2 Bath
$1,855 - $1,880
1043 ft2
3 Available
Managed By: Reacor, Ltd.
Unit 405
$1,880
Available Now
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Unit 205
$1,860
Available May 8th, 2026
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Unit 105
$1,855
Available May 11th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,930 - $1,963
1069 ft2
2 Available
Managed By: Reacor, Ltd.
Unit 323
$1,930
Available Now
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Unit 443
$1,963
Available Jul 10th, 2026
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3 Beds • 2 Bath
$2,235 - $2,388
1354 ft2
2 Available
Managed By: Reacor, Ltd.
Unit 420
$2,235
Available Now
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Unit 246
$2,388
Available May 5th, 2026
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View Rented Units
Where you'll live
Street View
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Satellite View
The Otto
The Otto
The Otto
Amenities
Fitness Center
Refrigerator
Garbage Disposal
Controlled Access
Hardwood Floors
Pantry
Dog Park
Island Kitchen
Linen Closet
Range / Oven
Microwave
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $500
Property details
Description

Drawing inspiration from the surrounding community and environment, The Otto is an inviting apartment building featuring an elevated level of design so you feel right at home. With thoughtfully curated interiors and modern amenity spaces, The Otto provides an ideal suburban community in a park-like setting. You'll have access to beautiful outdoor spaces, while surrounded by exceptional dining, wineries, entertainment, and next-level healthcare. Living at The Otto provides an opportunity to experience upscale living and an exceptional level of convenience.
We invite you to stay awhile.

Additional Details
Total Unit Count: 163
Last Updated: Updated 3 hours ago
Contact Number: (952) 254-4160
Property manager information
Reacor, Ltd.
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Photos Floor Plans Amenities
Renters Also Viewed
$1,586 - $1,993
The Uptown Apartments
233 S Olive St Waconia, MN
1 - 2 BR | Available Now
0.9 miles away
$1,675 - $3,400
Wilford
140 S Elm St Waconia, MN
1 - 2 BR | Available Now
1.0 miles away
$1,095
Park Apartments
140 E Main St Waconia, MN
1 BR | Apr. 17, 2026
1.2 miles away
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Otto by bedroom type below.
1 Bedroom
Suggested income:
$49,900
per year
2 Bedroom
Suggested income:
$68,300
per year
3 Bedroom
Suggested income:
$83,200
per year
Rent report

The Otto Rent vs. Waconia Average

 The Otto      Waconia Average
1BR
$1,386
$1,030
$0
$500
$1,000
$1,500
$2,000
3BR
$2,312
$2,725
$0
$900
$1,800
$2,700
$3,600

The Otto is asking 35% more than the average 1 bedroom apartment in Waconia.

The Otto provides 14% more square footage than the average Waconia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Otto
1BR $1,386 $1.90 $4,157
2BR $1,898 $1.80 $5,693
3BR $2,312 $1.70 $6,935
Waconia Average
1BR $1,030 $1.60 $3,090
3BR $2,725 $1.40 $8,175

Availability in Waconia

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1 1BR units on the market in Waconia. If you're looking to negotiate, this may be your best option.

1BR
3BR
50% 50%
Available Units in Waconia
1BR 1
3BR 1
Location
Nearby Hospitals
Name Distance
Ridgeview Medical Center 0.51 mi.
St Francis Regional Med Center 15.1 mi.
Glencoe Regional Health Srvcs 17.94 mi.
Nearby Fire Stations
Name Distance
Waconia Fire Department 0.96 mi.
Waconia Fire Department 1.01 mi.
Cologne Fire And Rescue Department 4.8 mi.
FAQs
Is this property currently leasing units?
Yes. There are 13 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 10 units available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 726 to 1,354 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,338 to $2,388. The Otto has 1 bedroom units available starting at $1,338, 2 bedroom units available starting at $1,855, and 3 bedroom units available starting at $2,235.
Where is this property located?
This property is at 601 Industrial Blvd W in Waconia, MN. It's 1.2 miles southwest from the center of Waconia.
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