Cheap Apartments for Rent in Watertown, MN from $800 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Watertown.

close
View Me
Water's Edge Townhomes
2 to 3 Bedroom Apartments

Water's Edge Townhomes

806 County Road 24Watertown, MN 55388
  • Utilities Included
close
View Me
Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
  • Utilities Included
close
View Me
Young America Apartments
2 Bedroom Apartments

Young America Apartments

326 Central Ave SNorwood Young America, MN 55397
  • Utilities Included
close
View Me
Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included
close
View Me
Deer Run Apartments
2 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
  • Utilities Included
close
View Me
Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included
close
View Me
Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
close
View Me
Greenwood Manor
1 Bedroom Apartments

Greenwood Manor

5205 Greenwood CirExcelsior, MN 55331
  • Utilities Included
close
View Me
Trailside Townhomes
2 Bedroom Apartments

Trailside Townhomes

112 Poplar Ridge DrNorwood Young America, MN 55397
Showing Results 1-36, Page 1 of 1

Watertown, MN Local Guide

Cheapest Available Watertown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watertown, MN is a 2 Beds unit found at Clover Field Marketplace in the Scott Far Western Suburbs neighborhood priced from $1,030. Bay Pointe Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clover Field MarketplaceTwo Bedroom-Two Bath2BR,2BA$1,030
Bay Pointe Apartments1BR / 1BA1BR,1BA$1,055
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,070
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1,189
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Barbary Knoll Apartments1 bd + Den Walkout Patio1BR,1BA$1,245
Shoreline Place2 bedroom / 1 bath2BR,1BA$1,300
Minnetonka EdgewaterLake View One Bedroom1BR,1BA$1,350
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1,425

Best Value Apartments for Rent in Watertown, MN and Nearby

As of April 06, 2025 the best value apartment in the Watertown area is the $1.14 price per square foot 717 9th St NW Model at 717 9th St NW in the in the Willow Glen Carriage neighborhood starting from $2,059. The second greatest value Watertown apartment is the Floorplan F Model at Highland Shores Apartments starting at $1,625 with a $1.52 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
717 9th St NW717 9th St NW4BR,2BA$1.14
Highland Shores ApartmentsFloorplan F1BR,1BA$1.52
Barbary Knoll Apartments1 bd + Den Walkout Patio1BR,1BA$1.28
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.35
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.66
Bay Pointe Apartments1BR / 1BA1BR,1BA$1.51
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1.56
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55
Clover Field MarketplaceOne Bedroom1BR,1BA$1.94

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Watertown, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Watertown, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Watertown, MN

View MapWatertown, MN Apartments MapView MapWatertown, MN Rental Homes Map

Getting Around Watertown, MN

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Watertown Apartments

What is the Cheapest Studio apartment in Watertown?

Currently the most affordable Cheap Studio Apartment in Watertown is at Clover Field Marketplace listed at $1,150.

How much is rent for a Cheap One Bedroom Watertown Apartment?

The lowest price for a Cheap One Bedroom Watertown Apartment is $1,055 at Bay Pointe Apartments.

What is the lowest price for a Cheap Two Bedroom Watertown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Watertown is starting from $1,030 at Clover Field Marketplace.

What is the most affordable Watertown Three Bedroom Apartment?

The best deal on a cheap Watertown Three Bedroom Apartment rental is at Clover Field Marketplace and starts from $1,500.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.