Up to 2 Months free! All 1-Bedrooms qualify for 1.5 months free and 2-Bedrooms for 2 months free. *Advertised pricing includes promo applied*
Pricing and Floor Plans
A - The Schram
$1,493
Studio, 1 Bath
, 556 Sq. Ft.
Show Floor Plan Details
Apr. 27
Unit
Total Price
Sq. Ft.
Available
316
$1,493
556 Sq. Ft.
4/27/26
1A - The Vineyard
$1,433 - $1,499
1 Bed, 1 Bath
, 726 Sq. Ft.
Show Floor Plan Details
Jul. 6
Unit
Total Price
Sq. Ft.
Available
333
$1,433
726 Sq. Ft.
7/6/26
219
$1,499
726 Sq. Ft.
8/7/26
New
1G - The Southview
$1,703
1 Bed, 1 Bath
, 814 Sq. Ft.
Show Floor Plan Details
Jun. 12
Unit
Total Price
Sq. Ft.
Available
301
$1,703
814 Sq. Ft.
6/12/26
1B - The Cedar Point
$1,523
1 Bed, 1 Bath
, 726 Sq. Ft.
Show Floor Plan Details
Jul. 8
Unit
Total Price
Sq. Ft.
Available
224
$1,523
726 Sq. Ft.
7/8/26
1H - The Ice Out
$1,537
1 Bed, 1 Bath
, 754 Sq. Ft.
Show Floor Plan Details
Jul. 31
Unit
Total Price
Sq. Ft.
Available
125
$1,537
754 Sq. Ft.
7/31/26
2G - The Laketown
$1,898 - $1,961
2 Beds, 2 Baths
, 1,043 Sq. Ft.
Show Floor Plan Details
May. 8
Unit
Total Price
Sq. Ft.
Available
305
$1,898
1,043 Sq. Ft.
5/8/26
105
$1,955
1,043 Sq. Ft.
6/1/26
205
$1,961
1,043 Sq. Ft.
6/1/26
2A - The Marina
$2,034 - $2,047
2 Beds, 2 Baths
, 1,069 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
323
$2,034
1,069 Sq. Ft.
Now
423
$2,047
1,069 Sq. Ft.
7/10/26
2A1 - The Coney
$2,069 - $2,078
2 Beds, 2 Baths
, 1,069 Sq. Ft.
Show Floor Plan Details
Jul. 7
Unit
Total Price
Sq. Ft.
Available
204
$2,078
1,069 Sq. Ft.
7/7/26
443
$2,069
1,069 Sq. Ft.
7/10/26
2D - The Island View
$2,288
2 Beds, 2 Baths
, 1,191 Sq. Ft.
Show Floor Plan Details
Jun. 5
Unit
Total Price
Sq. Ft.
Available
412
$2,288
1,191 Sq. Ft.
6/5/26
2C - The Sunset Cove
$2,401
2 Beds, 2 Baths
, 1,159 Sq. Ft.
Show Floor Plan Details
Jun. 5
Unit
Total Price
Sq. Ft.
Available
248
$2,401
1,159 Sq. Ft.
6/5/26
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
Map of The Otto
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Restaurants
Groceries
Coffee
Banks
Shopping
Fitness
Points of Interest
Details
Lease Term Options
9 - 18 Month Leases
Property Information
Built in 2023
163 units / 4 stories
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Utilities & Essentials
Utility - Billing Administrative Fee
$8 / mo
One-Time Basics
Due at Application
Application Fee Per Applicant
$45
Due at Move-In
Administrative Fee
$400
Security Deposit - Refundable
$500
Garage Attached
Surface Lot
Storage Locker
Storage Fee
$40 - $125
Other Storage Fees
Storage Locker
Personalized Add-Ons
High Speed Internet Access
$75 / mo
Monthly Pet Fee
$35 / mo
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Matterport 3D Tours
Property Highlights
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.
Central Heating and A/C
Clubhouse Patio with BBQ Grills
Community Lounge
Community/Party Room
Dog Wash Area
Dog Wash Station
EV Charging Station
Fenced Dog Run
Floor to Ceiling Window
Gas Heating
Grill Areas
Heated Parking
High Speed Internet Ready
Kitchen Island
Laminate Wood Floors
Large Balcony
online rent payment
On-Site Management
Package Room
Pet friendly
Pet Friendly with Pet Washing Station
Roof Deck
Rooftop Terrace
Theater
Underground Garage
Walk In Closet
Work from Home
Apartment Features
Air Conditioning
Balcony
Cable Ready
Ceiling Fans
Crown Molding
Deck
Dining Room
Dishwasher
Disposal
Double Pane Windows
Double Vanities
Eat-in Kitchen
Family Room
Floor to Ceiling Windows
Freezer
Garden
Hardwood Floors
Heating
High Speed Internet Access
Ice Maker
Intercom
Island Kitchen
Kitchen
Large Bedrooms
Linen Closet
Microwave
Office
Oven
Pantry
Patio
Quartz Countertops
Range
Refrigerator
Smoke Free
Stainless Steel Appliances
Storage Units
Tub/Shower
Views
Vinyl Flooring
Walk-In Closets
Washer/Dryer
Wi-Fi
Window Coverings
Community Features
Bicycle Storage
Breakfast/Coffee Concierge
Business Center
Car Charging Station
Clubhouse
Community-Wide WiFi
Conference Rooms
Controlled Access
Courtyard
Disposal Chutes
Dog Park
Elevator
Fitness Center
Gameroom
Grill
Guest Apartment
Key Fob Entry
Lounge
Media Center/Movie Theatre
Multi Use Room
On-Site Retail
Online Services
Package Service
Pet Washing Station
Picnic Area
Planned Social Activities
Pond
Recycling
Renters Insurance Program
Roof Terrace
Storage Space
Sundeck
Walking/Biking Trails
Wheelchair Accessible
Wi-Fi
Area Scores
Walkability
Fairly walkable50 / 100
Driveability
Exceptionally drivable100 / 100
Bikeability
Fairly bikeable50 / 100
Scores provided by
Transit
Airport
Minneapolis-St Paul International/Wold-Chamberlain
45 min Drive
Moving to Carver County, Waconia, MN
Shopping Centers
Shoppers will appreciate The Otto proximity to Waconia Marketplace, Waconia Commons, and Waconia Square. Waconia Marketplace is 0.1 miles away, and Waconia Commons is within a 17 minute walk.
Parks and Recreation
Recreational activities near The Otto are plentiful. Discover 1 park within 1.2 miles, including Lake Waconia Regional Park.
Airports
Living in Carver County provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 45 minutes from The Otto.
Property Details
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.
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.
The Otto is located in Waconia, MN in the 55387 zip code.
The Otto is a beautiful facility. The decorators did an amazing job. However, as others have said, there are thin walls and floors so you can hear people walking above you and talking next door. They also send ALOT of text messages (almost 1-2/day). I get more text messages from them than I get from my friends and family. It gets to be a bit much.
Review from Apartments.com
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2/15/25
Glad to live at the Otto!
Very happy I made the move here after 15 years in Minneapolis. Amenities/location is great. More importantly, clean, safe, quiet and responsive property managers.
Review from Apartments.com
1 Person Found This Helpful
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2/14/25
Great Apartment!
I have lived here for about a year now and I am really enjoying it. The apartment itself has great natural light, updated appliances, very modern and quiet neighbors. I also have a medium sized dog and we really enjoy the pet spa and dog park for him to run around in! I would recommend living here!!
Review from Apartments.com
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2/14/25
A Place to Call Home
Bright open floor plans with lots of space. Amenities that make having a pet easier like the pet spa and dog run. We love the coffee bar, patios and gym. All close to everything Waconia has to offer.
Review from Apartments.com
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2/14/25
Modern living in Waconia!
After staying at The Otto for almost 9 months, I can confidently say that it is one of the best managed properties in Waconia. Right from Katie helping us in a very smooth move in, to being very transparent about all the fees, crystal clear communication, prompt maintenance, and the current management going above and beyond to ensure a comfortable time for all the residents, it has been a great experience for me and my partner. The units are modern, with really nice kitchen appliances and lots... of windows for natural light. The units on the back side face a wooded area, which you'll love if you're a nature lover. They have a dedicated package room and the management puts in efforts to arrange packages by floor, so you can find yours right away. The Otto also has great amenities, including a gym with a good variety of equipment as well as a yoga studio. There are also a couple of outdoor areas with grills and seating if you plan on having parties. The theater room is amazing for a movie night. The apartment is pet friendly and there is enough area around the building to walk your dogs or play fetch with them. The location is ideal, being at a walking distance to grocery stores and restaurants. The Target in Waconia is only a 5 minute drive away. For anyone who wants to live in a modern apartment, where the management really cares about the residents, The Otto is a go-to.