Cheap Apartments for Rent in Watertown, MN from $800 (38 Rentals)

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Water's Edge Townhomes
2 to 3 Bedroom Apartments

Water's Edge Townhomes

806 County Road 24Watertown, MN 55388
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
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Young America Apartments
2 Bedroom Apartments

Young America Apartments

326 Central Ave SNorwood Young America, MN 55397
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
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Deer Run Apartments
2 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
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Greenwood Manor
1 Bedroom Apartments

Greenwood Manor

5205 Greenwood CirExcelsior, MN 55331
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Trailside Townhomes
2 Bedroom Apartments

Trailside Townhomes

112 Poplar Ridge DrNorwood Young America, MN 55397

Watertown, MN Local Guide

Cheapest Available Watertown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watertown, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Minnetonka EdgewaterOne Free Months Rent! Newly Renovated Studios!Studio,1BA$1,150
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1,189
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Shoreline Place2 bedroom / 1 bath2BR,1BA$1,300
Clover Field Marketplace1 Bedroom, Market Rate, Floorplan A1BR,1BA$1,320
Barbary Knoll Apartments2 bd Balcony2BR,1BA$1,335
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1,425
Granite Works ApartmentsA2 One Bed1BR,1BA$1,440

Best Value Apartments for Rent in Watertown, MN and Nearby

As of April 27, 2025 the best value apartment in the Watertown area is the $1.81 price per square foot D4 - Leland B Model at Marsh Hollow in the in the Scott Far Western Suburbs neighborhood starting from $3,647. The second greatest value Watertown apartment is the 1 Bedroom, Market Rate, Floorplan A Model at Clover Field Marketplace starting at $1,320 with a $1.00 price per square foot in the Scott Far Western Suburbs 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.
Marsh HollowD4 - Leland B3BR,3BA$1.81
Clover Field Marketplace1 Bedroom, Market Rate, Floorplan A1BR,1BA$1.00
Barbary Knoll Apartments2 bd Balcony2BR,1BA$1.37
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.35
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1.70
Highland Shores ApartmentsFloorplan G1BR,1BA$1.75
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.66
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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

Explore Watertown, MN Rentals by Map

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Getting Around Watertown, MN

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Minnetonka Edgewater 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 $1,080 at Christmas Lake Manor 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 $1,125 at Christmas Lake Manor Apartments.

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 $1,463.

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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.