
Cheap Apartments for Rent in Watertown, MN from $800 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Watertown.


Riverwalk Apartments

Clover Field Marketplace

Bay Pointe Apartments

Christmas Lake Manor Apartments

Dockside Apartments on Lake Minnetonka

Langdon Lake Apartments

Bayview Apartments

Granite Works Apartments

Barbary Knoll Apartments

Fenview Flats

Lakecrest Apartments

Shoreline Place

Water's Edge Townhomes

Shorewood Place Apartments

Minnetonka Edgewater

Lake Jonathan Flats

Juniper

The Otto

Harbor District Apartments

AbleLight Village

Highland Shores Apartments

The Carver Apartments

Springs at McKnight Lake

Excelsior Shores

412 W Main St

503 8th St NE

4470 Denbigh Rd
Watertown, MN Local Guide

How much does it cost to rent an apartment in Watertown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Watertown Studio Apartments | $1,418 | $1,150 | $1,695 |
Watertown 1 Bedroom Apartments | $1,729 | $989 | $3,150 |
Watertown 2 Bedroom Apartments | $2,465 | $1,030 | $7,500 |
Watertown 3 Bedroom Apartments | $3,414 | $1,350 | $9,395 |
Watertown 4 Bedroom Apartments | $3,150 | $2,950 | $3,350 |
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Watertown, MN Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Clover Field Marketplace | Two Bedroom-Two Bath | 2BR,2BA | $1,030 |
Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,055 |
Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,095 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1,189 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1,300 |
Barbary Knoll Apartments | 1 bd + Den Walkout Patio | 1BR,1BA | $1,335 |
Minnetonka Edgewater | Lake View One Bedroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Watertown, MN and Nearby
As of March 26, 2025 the best value apartment in the Watertown area is the $1.19 price per square foot 717 9th St NW Model at 717 9th St NW in the in the Willow Glen Carriage neighborhood starting from $2,149. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
717 9th St NW | 717 9th St NW | 4BR,2BA | $1.19 |
Highland Shores Apartments | Floorplan F | 1BR,1BA | $1.52 |
Barbary Knoll Apartments | 1 bd + Den Walkout Patio | 1BR,1BA | $1.38 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.35 |
Minnetonka Edgewater | Lake View One Bedroom | 1BR,1BA | $1.61 |
604 White St SW, Unit Apt 1 | 604 White St SW | 2BR,1BA | $1.56 |
Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.66 |
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.56 |
Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1.51 |
Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Best Local Schools in Watertown, MN
Watertown-Mayer Elementary School
Watertown-Mayer Middle
School data provided by Great Schools
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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
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.

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.

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.

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.

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.