• The Otto - The Otto Apartments

The Otto Apartments

601 Industrial Blvd W, Waconia, MN 55387

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$1,425 - $2,385 1 - 2 1 - 2

Rent Specials

Up to 2 Months free! All 1-Bedrooms & 3-Bedrooms qualify for 1 month free and 2-Bedrooms for 2 months free. *Advertised pricing includes promo applied*

Pricing and Floor Plans

1A.1

$1,425 - $1,606
1 Bed, 1 Bath
726 Sq. Ft.

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11 Rentals Available
Unit
Price
Sq. Ft.
Available
321
$1,580
726
Now
403
$1,606
726
Now
340
$1,600
726
Now

1A

$1,425 - $1,580
1 Bed, 1 Bath
726 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
233
$1,555
726
Now
419
$1,580
726
Now
433
$1,580
726
Now

1F

$1,472 - $1,637
1 Bed, 1 Bath
755 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
345
$1,617
755
Now
245
$1,606
755
Now
332
$1,637
755
10/1/25

1G

$1,520 - $1,685
1 Bed, 1 Bath
814 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
202
$1,685
814
Now
147
$1,658
814
11/1/25
102
$1,675
814
11/1/25

1B

$1,435 - $1,565
1 Bed, 1 Bath
726 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
327
$1,565
726
Now

2A

$1,917 - $2,330
2 Beds, 2 Baths
1,069 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
223
$2,305
1,069
Now
423
$2,330
1,069
10/1/25
123
$2,295
1,069
11/1/25

2A.1

$1,963 - $2,375
2 Beds, 2 Baths
1,069 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
243
$2,335
1,069
Now
318
$2,375
1,069
10/1/25
218
$2,365
1,069
11/1/25

2G

$1,863 - $2,256
2 Beds, 2 Baths
1,043 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
405
$2,256
1,043
Now
305
$2,236
1,043
Now

2Bed B

$1,879 - $2,255
2 Beds, 1 Bath
903 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
428
$2,255
903
Now

2Bed A

$1,879 - $2,255
2 Beds, 1 Bath
936 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
430
$2,255
936
Now

2F

$1,884 - $2,261
2 Beds, 2 Baths
1,069 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
415
$2,261
1,069
Now

2E

$2,385
2 Beds, 2 Baths
1,175 Sq. Ft.

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Nov. 1
Unit
Price
Sq. Ft.
Available
241
$2,385
1,175
11/1/25
* Price shown is base rent and may not include non-optional fees and utilities. 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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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.

One-Time Move-In Fees

  • Administrative Fee
    $400
  • Application Fee
    $60
  • Security Deposit Refundable
    $500
  • Renter's Insurance Required
    $40

Matterport 3D Tours

Property Highlights

Here, youre just steps from trails, lakes, and parks, and minutes away from the best shops, entertainment, and dining. And when youre ready to come home, youll find unmatched amenities that keep the adventure going.

  • Rooftop Deck
  • Wheelchair Access
  • Yoga Room
  • Carpeting
  • Storage Units Available
  • Bike Storage
  • Game Room
  • Keyless Entry
  • Rooftop Clubroom
  • Surface-Level Parking

Apartment Features

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Deck
  • Dishwasher
  • Disposal
  • Heating
  • Ice Maker
  • Kitchen
  • Microwave

Community Features

  • Bicycle Storage
  • Clubhouse
  • Dog Park
  • Elevator
  • Fitness Center
  • Gameroom
  • Garages
  • Gated
  • Lounge
  • Maintenance on site

Area Scores

Walk Score ®

Somewhat Walkable60 / 100

Bike Score ®

Bikeable51 / 100

Transit

Airport
Minneapolis-St Paul International/Wold-Chamberlain
45 min Drive
Minneapolis–Saint Paul International

Moving to Carver County, Waconia, MN

Shopping Centers

Shoppers will appreciate The Otto Apartments 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 Apartments 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 Apartments.

Property Details

Here, youre just steps from trails, lakes, and parks, and minutes away from the best shops, entertainment, and dining. And when youre ready to come home, youll find unmatched amenities that keep the adventure going.

The Otto Apartments is located in Waconia, MN in the 55387 zip code.

Greco

Contact

Property Address:
601 Industrial Blvd W,
Waconia, MN 55387
Phone Number: (952) 800-9993
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday9:00 AM - 5:00 PM
  • Tuesday9:00 AM - 5:00 PM
  • Wednesday9:00 AM - 5:00 PM
  • Thursday9:00 AM - 5:00 PM
  • Friday9:00 AM - 5:00 PM
  • SaturdayCLOSED

Renter Reviews

For The Otto

4.4

37 Ratings & Reviews

How Is This Rating Determined?

8/22/25

Be Ready for Text Messages

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.

Review from Apartments.com

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