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Home / Minneapolis Area Apartments / Waconia / The Otto
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Updated 1 hour ago

The Otto


601 Industrial Blvd W Waconia, MN

1 - 2 Bed
•
1 - 2 Bath

754 - 1,191 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,352 - $1,395
556 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 129
$1,395
Rented
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Unit 429
$1,352
Rented
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Studio • 1 Bath
$1,325
675 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 435
$1,325
Rented
View
1 Bed • 1 Bath
$1,647
754 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 425
$1,647
Available Sep 7th, 2026
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2 Beds • 1 Bath
$1,929 - $2,050
936 ft2
2 Available
Managed By: Reacor, Ltd.
Unit 330
$1,929
Available Now
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Unit 130
$2,050
Available Sep 7th, 2026
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2 Beds • 2 Bath
$1,938 - $2,385
1069 ft2
7 Available
Managed By: Reacor, Ltd.
Unit 315
$2,068
Available Now
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Unit 404
$2,385
Available Now
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115GS
$2,074
Available Aug 15th, 2026
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Unit 422
$2,186
Available Sep 8th, 2026
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Unit 123
$2,199
Available Sep 10th, 2026
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Unit 143
$1,938
Available Oct 7th, 2026
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Unit 222
$2,070
Available Oct 10th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,859
1043 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 205
$1,859
Available Now
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View Rented Units
2 Beds • 2 Bath
$2,445
1191 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 236
$2,445
Available Sep 7th, 2026
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3 Beds • 2 Bath
$2,235 - $2,630
1354 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 120
$2,365
Rented
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Unit 420
$2,235
Rented
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Unit 446
$2,435
Rented
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Unit 320
$2,630
Rented
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Unit 246
$2,279
Rented
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Where you'll live
Street View
Map View
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 1 hour ago
Contact Number: (952) 254-4160
Property manager information
Reacor, Ltd.
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Photos Floor Plans Amenities
Renters Also Viewed
$1,195
Fairhill Apartments
140 3rd St W Waconia, MN
2 BR | Sep. 10, 2026
0.8 miles away
$1,477 - $2,261
The Uptown Apartments
233 S Olive St Waconia, MN
1 - 2 BR | Available Now
0.9 miles away
$1,655 - $3,200
Wilford - NOW OPEN!
140 S Elm St Waconia, MN
1 - 2 BR | Available Now
1.0 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:
$59,300
per year
2 Bedroom
Suggested income:
$75,900
per year
Rent report

The Otto Rent vs. Waconia Average

 The Otto      Waconia Average
1BR
$1,647
$1,756
$0
$600
$1,200
$1,800
$2,400
2BR
$2,109
$2,496
$0
$850
$1,700
$2,550
$3,400

The Otto is asking 6% less than the average 1 bedroom apartment in Waconia.

If you upsized to an average priced Waconia 2 bedroom apartment, you would pay 30% more per month.

If you downsized to an average priced Waconia studio apartment, you would pay 14% less per month.

The Otto provides 4% less square footage than the average Waconia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Otto
1BR $1,647 $2.20 $4,941
2BR $2,109 $2.00 $6,328
Waconia Average
Studio $1,540 $2.40 $4,620
1BR $1,756 $2.20 $5,269
2BR $2,496 $2.10 $7,489
3BR $2,171 $1.60 $6,513
4BR $2,823 $1.00 $8,468

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 37 1BR units on the market in Waconia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 50% 42% 1% 3%
Available Units in Waconia
Studio 2
1BR 37
2BR 31
3BR 1
4BR 2
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 11 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 754 to 1,191 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 and 2 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 $1,647 to $2,445. The Otto has 1 bedroom units available starting at $1,647 and 2 bedroom units available starting at $1,859.
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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